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PROPERTY AND EQUIPMENT, NET
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
September 30, 2025December 31, 2024
Equipment in orbit$19,533$19,533
Machinery and equipment5,7974,860
Leasehold improvements3,1272,276
Construction in progress94,95037,251
IT related equipment3,8712,441 
Property and equipment, gross
127,27866,361
Less: Accumulated depreciation(19,817)(16,922)
Property and equipment, net$107,461$49,439
Depreciation expense for property, plant and equipment was $1.1 million and $3.3 million for the three and nine months ended September 30, 2025, respectively. Depreciation expense for property, plant and equipment was $1.1 million and $3.1 million for the three and nine months ended September 30, 2024, respectively.