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PROPERTY AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
June 30, 2026December 31, 2025
Equipment in orbit$19,533$19,533
Machinery and equipment15,10913,183
Leasehold improvements3,6703,187
Construction in progress193,483143,869
Building
906
906 
IT related equipment4,8193,832 
Property and equipment, gross
237,520184,510
Less: Accumulated depreciation(23,911)(20,224)
Property and equipment, net$213,609$164,286
Depreciation expense for property and equipment was $2.3 million and $4.1 million for the three and six months ended June 30, 2026, respectively. Depreciation expense for property and equipment was $1.1 million and $2.2 million for the three and six months ended June 30, 2025, respectively.