AST & Science went public via the merger with New Providence Acquisition in a $1.4bn deal.

AST & Science, a satellite broadband specialist, went public via the merger with New Providence Acquisition, a publicly-traded SPAC, in a $1.4bn deal. "AST SpaceMobile represents a unique opportunity to invest in a pioneering company with revolutionary technology, access to a built-in customer base, and a flexible and scalable business model that addresses one of the largest challenges to global connectivity. Facing an extraordinary market opportunity, we believe AST SpaceMobile is poised for sustained growth as it executes its commercialization plan and ultimate expansion across the globe," Alex Coleman, New Providence Chairman.