- AST SpaceMobile Inc (NASDAQ:ASTS) inaugurated its U.K. headquarters in the Space Park Leicester complex.
- The Space Park Leicester complex is a £100 million research, innovation, and manufacturing hub for space-related high-tech companies and researchers in Leicester, England.
- AST SpaceMobile also operates from other global locations, including a corporate headquarters and 85,000 square-foot satellite assembly, integrating and testing facility in Midland, Texas, and operations in College Park, Maryland, Spain, and Israel.
- Space Park Leicester office will have business development, engineering, and regulatory team members working to support the progress and manufacturing of critical subsystems for the SpaceMobile Constellation, AST SpaceMobile U.K. MD Steve Gibson said.
- Price action: ASTS shares traded lower by 0.97% at $12.34 on the last check Friday.
Wise Systems Raises $50M to Expedite Last-Mile Product Development
Routing and dispatching technology provider Wise Systems announced Wednesday that after 300% year-over-year growth over the past two years, the company has raised $50 million in its recent Series C round led by Tiger Global Management with participation from Section 32, Valo Ventures, Gradient Ventures, and Prologis Ventures.