This Satellite Startup Raised $110 Million To Make Your Cellphone Work Everywhere
An excerpt from a March 3, 2020 Forbes article:
Anyone who’s been on a long hiking trip or had a car break down on a road trip knows that the phone connectivity you take for granted in your daily life can quickly disappear. Despite advances in technology, how far a voice or data signal can travel is still limited to how far away you are from a cellphone tower.
The Midland, Texas-based AST & Science aims to use satellites to overcome those limitations. It’s just raised $110 million in a series B round led by U.K.-based mobile provider Vodafone and Japanese e-tailer Rakuten to launch a mobile broadband network, called SpaceMobile, powered by satellites.