Satellite-to-cellphone connectivity provider AST SpaceMobile (NASDAQ: ASTS) this week reported second-quarter earnings of $7.62 million, a 162% year-over-year increase. WHY IT MATTERS: The jump in revenue is somewhat offset by increased operating costs. The Midland, Texas-based company is developing 20 “BlueBird” satellites with the first five featuring enhanced components from its BlueWalker 3 test satellite, […]