AST SpaceMobile closed a $100 million equipment financing facility led by Trinity Capital. This non-dilutive financing is designed to support AST SpaceMobile’s manufacturing and network deployment goals during 2025 and 2026.
“This new non-dilutive financing enables AST SpaceMobile to continue its strong momentum executing against its accelerated operational plans,” Andrew Johnson, chief financial officer of AST SpaceMobile, said. “This facility is the first such type of financing agreement for the company and reflects our stage of rapid growth and transition from research and development to full-scale manufacturing and network deployment.”
This non-dilutive financing provides an additional $100 million of long-term liquidity, including $25 million drawn at closing against previously purchased equipment, available through 2031. The facility uses existing and planned equipment as collateral and is designed to fit into a more mature, long-term capital structure, facilitating future debt capital, enabling flexibility and facilitating continued growth.
