AST SpaceMobile Expands Management Team with Key New Hires
04 Mayo 2021 - 7:25AM
Business Wire
AST SpaceMobile, Inc. (NASDAQ:ASTS), the company building the
first and only space-based cellular broadband network accessible
directly by standard mobile phones, today announced the addition of
two executives to its senior leadership team.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210504005794/en/
Brian Heller has joined as Executive Vice
President, General Counsel and Secretary of AST SpaceMobile.
(Photo: Business Wire)
“I am delighted to welcome such talented individuals to the AST
SpaceMobile team,” said Abel Avellan, Chairman and CEO of AST
SpaceMobile. “Both of these executives bring extensive expertise to
our company, including valuable public company experience. They
will complement our existing team of over 200 scientists and
engineers, including 24 PhDs, as we seek to fulfill our mission to
connect the unconnected by delivering cellular broadband to
billions.”
The two new executives are:
- Brian Heller has joined as Executive Vice President,
General Counsel and Secretary. Mr. Heller brings over 20 years of
public company experience to AST SpaceMobile. Before joining AST
SpaceMobile, he served as General Counsel of Castle Brands, Inc., a
publicly traded spirits company, until its sale to Pernod Ricard,
and as Senior Vice President - Business and Legal Affairs at
Ladenburg Thalmann Financial Services, a publicly traded financial
services company, until its acquisition by a portfolio company of
Reverence Capital Partners. Mr. Heller was a partner at Steel
Hector & Davis in Miami, Florida. He received a Bachelor of
Science degree from Northwestern University and a Juris Doctorate
from Georgetown University.
- Scott Wisniewski has joined as Executive Vice President
and Chief Strategy Officer overseeing corporate development,
treasury, investor relations and public relations. Previously, Mr.
Wisniewski was Managing Director of Technology, Media &
Telecommunications Investment Banking at Barclays, advising clients
on raising capital and M&A for over a decade. While at
Barclays, he advised AST SpaceMobile on the $110 million private
investment in 2019 and the recently closed business combination
transaction, which raised $462 million in gross proceeds. Earlier
in his career he was a management consultant focused on supplier
development and a mechanical design engineer. Mr. Wisniewski
received a Bachelor of Engineering degree from Dartmouth College
and a Masters in Business Administration from The University of
Chicago Booth School of Business.
About AST SpaceMobile
AST SpaceMobile is building the first and only global broadband
cellular network in space to operate directly with standard,
unmodified mobile devices based on our extensive IP and patent
portfolio. Our team of engineers and space scientists are on a
mission to eliminate the connectivity gaps faced by today's five
billion mobile subscribers and finally bring broadband to the
billions who remain unconnected. Follow AST SpaceMobile on Twitter
(@AST_SpaceMobile) and LinkedIn. For an overview of the SpaceMobile
mission, view this video.
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 “seek,” “believes,” “estimates,” “anticipates,”
“expects,” “intends,” “plans,” “may,” “will,” “potential,”
“projects,” “predicts,” “continue,” or “should,” or, in each case,
their negative or other variations or comparable terminology. These
forward-looking statements include, without limitation, statements
concerning AST SpaceMobile’s expectations with respect to future
performance and market size and anticipated financial impacts of
the Business Combination.
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 may 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 and level of deployment of 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’s ability to invest in growth initiatives;
(ii) the inability to maintain the listing of AST SpaceMobile’s
shares of common stock on The Nasdaq Stock Market; (iii) the risk
that the consummation of the Business Combination disrupts current
plans and operations; (iv) the ability to recognize the anticipated
benefits of the Business Combination, which may be affected by,
among other things, competition, the ability of AST SpaceMobile to
grow and manage growth profitably and retain its key employees; (v)
changes in applicable laws or regulations; (vi) the possibility
that AST SpaceMobile may be adversely affected by other economic,
business, and/or competitive factors; (vii) the outcome of any
legal proceedings that may be instituted against AST SpaceMobile
concerning the Business Combination; and (viii) other risks and
uncertainties indicated in the proxy statement, including those
under the section entitled “Risk Factors” in the Definitive Proxy
Statement relating to the Business Combination, and in the
Company’s other filings with the SEC.
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 section of the Definitive Proxy Statement relating to
the Business Combination. 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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version on businesswire.com: https://www.businesswire.com/news/home/20210504005794/en/
Investor Contact: Michael Bowen investors@ast-science.com
+1 (203) 682-8299
Media Contact: Brandyn Bissinger press@ast-science.com +1
866 845 6521
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