AST SpaceMobile Awarded $30 Million Prime Contract by U.S. Space Development Agency for HALO Europa Program

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MIDLAND, Texas--(BUSINESS WIRE)--Feb 23, 2026--

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that it has entered into an agreement with the United States Space Development Agency (SDA) for the Europa Track 2 Commercial Solutions program. The agreement, executed under the Hybrid Acquisition for proliferated Low-earth Orbit (HALO) program, has a total contract value of approximately $30 million.

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AST SpaceMobile Awarded $30 Million Prime Contract by U.S. Space Development Agency for HALO Europa Program

This Other Transaction (OT) agreement focuses on the rapid demonstration and delivery of innovative capabilities to the United States warfighter. Under the contract, AST will utilize its BlueBird satellite constellation to demonstrate resilient, low-latency tactical satellite communications directly between government end devices.

“Selection for SDA’s Europa Track 2 program validates AST SpaceMobile’s ability to rapidly operationalize commercial space capabilities for national security,” said Chris Ivory, CEO of AST SpaceMobile USA. “By leveraging our existing low Earth orbit (LEO) dual-use satellite technology, we support the Government’s defense efforts, delivering immediate connectivity with our BlueBird satellites and scaling quickly to advanced tactical use cases.”

The Europa Track 2 effort is focused on delivering immediate, operationally relevant tactical communications capabilities. Unlike traditional proprietary military satellite communications, AST SpaceMobile’s space-based architecture utilizes a software-defined “bent-pipe” structure to enable high-bandwidth data transport directly from low Earth orbit.

Through a series of on-orbit demonstrations, the program will validate seamless integration with existing tactical military radios and demonstrate how commercial satellite infrastructure can be rapidly applied for defense applications and deliver data products as-a-service to the Space Development Agency.

This award further solidifies AST SpaceMobile’s position as a trusted partner to the Department of War, demonstrating how commercial space innovation can be rapidly integrated into national security missions. It directly supports the DoD’s vision for resilient, hybrid architectures, including the Proliferated Warfighter Space Architecture (PWSA), by enabling scalable, interoperable capabilities through existing commercial infrastructure.

About AST SpaceMobile
AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio, and designed for both commercial and government applications. Our engineers and space scientists are on a mission to enable 4G and 5G space-based cellular broadband to every device, everywhere, for today’s nearly 6 billion mobile subscribers globally. For more information, follow AST SpaceMobile on YouTube, X (Formerly Twitter), LinkedIn and Facebook. Watch this video for an overview of the SpaceMobile mission.

Forward-Looking Statements

This communication contains “forward-looking statements” that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” “will,” “would,” “potential,” “projects,” “predicts,” “continue,” or “should,” or, in each case, their negative or other variations or comparable terminology. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside AST SpaceMobile’s control and are difficult to predict.

Factors that could cause such differences include, but are not limited to: (i) expectations regarding AST SpaceMobile’s strategies and future financial performance, including AST’s future business plans or objectives, expected functionality of the SpaceMobile Service, anticipated timing of the launch of the Block 2 BlueBird satellites, anticipated demand and acceptance of mobile satellite services, prospective performance and commercial opportunities and competitors, the timing of obtaining regulatory approvals, ability to finance its research and development activities, commercial partnership acquisition and retention, products and services, pricing, marketing plans, operating expenses, market trends, revenues, liquidity, cash flows and uses of cash, capital expenditures, and AST SpaceMobile’s ability to invest in growth initiatives; (ii) the negotiation of definitive agreements with mobile network operators relating to the SpaceMobile Service that would supersede preliminary agreements and memoranda of understanding and the ability to enter into commercial agreements with other parties or government entities; (iii) the ability of AST SpaceMobile to grow and manage growth profitably and retain its key employees and AST SpaceMobile’s responses to actions of its competitors and its ability to effectively compete; (iv) changes in applicable laws or regulations; (v) the possibility that AST SpaceMobile may be adversely affected by other economic, business, and/or competitive factors; (vi) the outcome of any legal proceedings that may be instituted against AST SpaceMobile; and (vii) other risks and uncertainties indicated in the Company’s filings with the Securities and Exchange Commission (SEC), including those in the Risk Factors section of AST SpaceMobile’s Form 10-K filed with the SEC on March 3, 2025 and Form 10-Q filed with the SEC on May 12, 2025 and November 10, 2025.

AST SpaceMobile cautions that the foregoing list of factors is not exclusive. AST SpaceMobile cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors in AST SpaceMobile’s Form 10-K filed with the SEC on March 3, 2025 and Form 10-Q filed with the SEC on May 12, 2025 and November 10, 2025. AST SpaceMobile’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except as expressly required by applicable securities law, AST SpaceMobile disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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CONTACT: Investor:

Scott Wisniewski

[email protected]

Media:

Allison

Eva Murphy Ryan

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KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS AEROSPACE MANUFACTURING APPS/APPLICATIONS 5G DEFENSE TELECOMMUNICATIONS CONTRACTS NETWORKS INTERNET HARDWARE CONSUMER ELECTRONICS SATELLITE

SOURCE: AST SpaceMobile, Inc.

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PUB: 02/23/2026 11:20 AM/DISC: 02/23/2026 11:20 AM

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