Reported total revenue of $70.9 million for the full year 2025, marking the first time AST SpaceMobile became a revenue-generating business, driven by mobile network operator partners and the U.S. Government. Fourth quarter 2025 revenue was $54.3 million, primarily from gateway deliveries and U.S. Government milestones. Successfully completed the unfolding of BlueBird 6, the largest commercial communications array ever deployed in low Earth orbit, expected to greatly exceed 120 Mbps peak data speeds. Continued orbital launch campaign with BlueBird 7 encapsulated for an expected launch during March 2026, with additional launches planned every one to two months on average to reach a goal of 45 to 60 satellites in orbit by the end of 2026. BlueBird 8 to BlueBird 29 are in various stages of production, with assembly of 40 satellites equivalent of microns expected to be completed by the first half of 2026. Acquired a fourth site in Midland, Texas, for dedicated micron production, increasing total manufacturing square footage to over 500,000 globally. Secured over $1.2 billion in aggregate contracted revenue commitments from commercial partners and received a $175.0 million commercial prepayment from stc Group. Expanded commercial partnerships globally with Orange, Telefonica, CK Hutchison, Taiwan Mobile, Sunrise, and progressed initiatives with Vodafone. Awarded a $30.0 million prime contract by the Space Development Agency for the HALO Europa Track 2 commercial solutions program and a prime contract position on the U.S. Missile Defense Agency SHIELD Program. Maintained a robust balance sheet with over $3.9 billion in cash, cash equivalents, restricted cash, and liquidity pro forma for the convertible notes offering and availability under the ATM facility as of December 31, 2025. In February 2026, raised $1.075 billion of gross proceeds from a new 10-year convertible senior notes offering with a 2.250% coupon and an effective conversion price of $116.30 per share. Efficiently managed capital structure in February 2026 by equitizing $250.0 million of 2.375% convertible senior notes due 2032 and $46.5 million of 4.250% convertible senior notes due 2032. Reported a net loss attributable to common stockholders of $(341.940) million for the full year 2025, compared to $(300.083) million in 2024. Net loss attributable to common stockholders for the fourth quarter of 2025 was $(73.966) million, compared to $(35.858) million in the fourth quarter of 2024. Total operating expenses for the full year 2025 were $358.631 million, an increase from $247.180 million in 2024. Total operating expenses for the fourth quarter of 2025 were $126.582 million, an increase of $32.2 million compared to $94.415 million in the third quarter of 2025.