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PROPERTY AND EQUIPMENT, NET
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
March 31, 2026December 31, 2025
Equipment in orbit$19,533$19,533
Machinery and equipment13,92213,183
Leasehold improvements3,6893,187
Construction in progress171,213143,869
Building
906
906 
IT related equipment4,8393,832 
Property and equipment, gross
214,102184,510
Less: Accumulated depreciation(22,669)(20,224)
Property and equipment, net$191,433$164,286
Depreciation expense for property and equipment was $1.8 million and $1.1 million for the three months ended March 31, 2026 and 2025, respectively.