AST SpaceMobile (NASDAQ: ASTS) made its Nasdaq debut on Wednesday. The company went public via special purpose aquisition company (SPAC) New Providence Acquisition Corp (NASDAQ: NPA) with an estimated post-transaction enterprise value of $1.4 billion.

AST SpaceMobile uses satellites in space to deliver broadband to smartphones. The company describes itself as the first space-based cellular broadband network.

CEO Abel Avellan was on CNBC’s …

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