AST SpaceMobile, Inc.

Good day and thank you for standing by. Welcome to the AST SpaceMobile second quarter 2022 business update call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Scott Wisniewski, Chief Strategy Officer of AST SpaceMobile. Please go ahead.

Thank you and good afternoon, everyone. Let me refer you to slide two of the presentation, which contains our safe harbor disclaimer. During today's call, we may make certain forward-looking statements. These statements are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual events to differ materially from the forward-looking statements on this call. For more information about these risks and uncertainties, please refer to the Risk Factors section of AST SpaceMobile's Annual Report on Form 10-K for the year that ended December 31, 2021. with the Securities and Exchange Commission and other documents filed by ASC SpaceMobile with AFCC from time to time. Readers are cautioned not to put undue reliance on forward-looking statements, and the company specifically disclaims any obligation to update the forward-looking statements that may be discussed during this call. Also, after our initial remarks, we will be starting our Q&A section with questions submitted in advance by our shareholders. Now, referring to slide three, for those of you who may be new to our company and our mission, There are over 5 billion mobile phones in use today around the world, but many of us still experience gaps in coverage as we live, work, and travel. In this backdrop, ASP 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. Our engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's 5 billion mobile subscribers and finally bring broadband to the billions who remain unconnected. Since our last quarterly business update, we have made strong progress and it is my pleasure to now pass it over to Chairman and CEO, Abel Avellan, who will take you through right now.

Thank you, Scott. I would like to do a quick technology and industrialization update. Let me start with Blue Walker 3. Blue Walker 3 has been delivered to Cape Canaveral and it is planned to be launched on a launch window that starts early to mid-September. In parallel to the construction of Blue Walker 3, we are building the next five satellites that are under initial construction phase using designs and parts similar to what we have in Blue Walker 3, including FPGA reaction wheel, antennas,