PRESS RELEASE EXHIBIT 99.1 AST SpaceMobile Provides Business Update and First Quarter 2025 Results MIDLAND, Texas, May 12, 2025 – AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update and results for the first quarter ended March 31, 2025. "AST SpaceMobile continues to execute on our bold ...