- Today, 4 billion people around the world remain unconnected or badly connected to cellular broadband, creating a $1 trillion potential market.
- SpaceMobile's goal is to allow any mobile phone to connect to cellular broadband anywhere in the world, with the first phase of operations starting in 2023.
- The company has a substantial competitive advantage with 750+ patents as well as commercial agreements with large wireless providers.
- The valuation of $1.9 billion is very conservative considering the large opportunity SpaceMobile can capture.
For further details see:
SpaceMobile: The Future Of Wifi Could Be Here