Property And Equipment—net

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property And Equipment—net

8. Property and Equipment - net

The following summarizes property and equipment - net as of:

	December 31,		December 31,
	2024		2023
	(in thousands)
Satellites	$	107,004	$	125,124
Software	32,587		20,384
Office furniture and fixtures	9,171		4,039
Production and engineering equipment	2,986		—
Software development in process	3,656		2,673
Site equipment	2,502		2,557
Computer equipment	1,578		1,642
Other equipment	812		811
Total	160,296		157,230
Less: accumulated depreciation	(114,683)		(90,114)
Property and equipment — net	$	45,613	$	67,116

Depreciation of property and equipment was $42.9 million for each of the years ended December 31, 2024 and 2023.