Verizon Invests $100 Million in SCS Partnership With AST SpaceMobile

Verizon is putting $100 million into its supplemental coverage from space partnership with AST SpaceMobile, the companies said Wednesday. The Verizon commitment "will enable AST SpaceMobile to target 100% coverage of the continental United States on premium 850 MHz spectrum [and is] a transformational commercial milestone,” AST Chairman-CEO Abel Avellan said.