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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following at December 31, 2022 and December 31, 2021 (in thousands):

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

Land

 

$

1,350

 

 

$

1,350

 

Buildings

 

 

10,268

 

 

 

-

 

Computers, software, and equipment

 

 

3,153

 

 

 

2,810

 

Leasehold improvements

 

 

8,197

 

 

 

6,416

 

Satellite antennas

 

 

5,142

 

 

 

2,996

 

Lab, assembly, and integration equipment

 

 

13,657

 

 

 

10,301

 

Others (1)

 

 

1,707

 

 

 

1,345

 

     Property and equipment, gross

 

$

43,474

 

 

$

25,218

 

Accumulated depreciation

 

 

(6,979

)

 

 

(3,592

)

Construction in progress

 

 

 

 

 

 

BB satellite materials

 

 

10,721

 

 

 

-

 

Other (2)

 

 

6,696

 

 

 

6,701

 

     Property and equipment, net

 

$

53,912

 

 

$

28,327

 

 

 

 

 

 

 

 

BlueWalker 3 satellite - construction in progress

 

$

92,077

 

 

$

67,615

 

     Total property and equipment, net

 

$

145,989

 

 

$

95,942

 

 

 

(1)
Includes vehicles, furniture and fixtures, and a phased array test facility.
(2)
Includes costs incurred for acquiring and constructing assembly and testing facilities, assembly and test equipment and ground infrastructure equipment not yet placed in service.