In Q1 2022, space cellular operator AST SpaceMobile reported: $7.3 million in revenue in the quarter, compared to $2.8 million in the same time period last year. Operating expenses increased by $2.7 million to $35.4 million for the second quarter of 2022. The company spent more on general and administrative costs,  research and development costs, and engineering…

In Q1 2022, space cellular operator AST SpaceMobile reported: $2.4 million in revenue, compared to $951,000 in the first quarter of last year. Operating expenses in the quarter were $32.7 million, compared to $12 million for the same time last year. AST SpaceMobile spent more on engineering services, general and administrative costs, and R&D. The…