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Revenue
 9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table summarizes the Company’s services revenue:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(In thousands)(In thousands)
Commercial services revenue:
Voice and data $58,002 $59,930 $173,822 $172,682 
IoT data48,669 46,707 141,706 135,303 
Broadband11,822 12,970 35,718 38,570 
Hosted payload and other data41,432 18,726 72,786 48,140 
Total commercial services revenue159,925 138,333 424,032 394,695 
Government services revenue27,573 26,910 82,823 80,410 
Total services revenue$187,498 $165,243 $506,855 $475,105 
The following table summarizes the Company’s engineering and support services revenue:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(In thousands)(In thousands)
Commercial$317 $1,852 $3,348 $5,893 
Government38,873 38,333 119,793 113,638 
Total engineering and support services revenue$39,190 $40,185 $123,141 $119,531 
Approximately 36% and 46% of the Company’s accounts receivable balance at September 30, 2026 and December 31, 2025, respectively, were due from prime contracts or subcontracts with agencies of the U.S. government.
The Company’s contracts with customers generally do not contain performance obligations with terms in excess of one year. As such, the Company does not disclose details related to the value of performance obligations that are unsatisfied as of the end of the reporting period. The total value of any performance obligations that extend beyond one year is immaterial to the financial statements.
The timing of revenue recognition, billings and cash collections results in billed accounts receivable, unbilled receivables (contract assets), and deferred revenue (contract liabilities) on the condensed consolidated balance sheets. The Company bills amounts under its agreed-upon contractual terms at periodic intervals (for services), upon shipment (for equipment), or upon achievement of contractual milestones or as work progresses (for engineering and support services). Billing may occur subsequent to revenue recognition, resulting in unbilled accounts receivable (contract assets). The Company may also receive payments from customers before revenue is recognized, resulting in deferred revenue (contract liabilities). The Company recognized revenue that was previously recorded as deferred revenue in the amounts of $5.4 million and $15.4 million for the three months ended September 30, 2026 and 2025, respectively, and $32.2 million and $45.5 million for the nine months ended September 30, 2026 and 2025, respectively. The decreases to previously deferred revenue recognized during the three and nine months ended September 30, 2026 were due to the acquisition of Aireon Holdings (see Note 11).
As of September 30, 2026, contract assets were $27.8 million, included within other assets on the consolidated balance sheets. The increase in contract assets was primarily due to contract assets acquired as part of the Aireon acquisition. The Company has also recorded costs of obtaining contracts expected to be recovered in prepaid expenses and other current assets (contract assets or commissions), that are not separately disclosed on the condensed consolidated balance sheets. The commissions are recognized over the estimated usage period. The following table presents contract assets not separately disclosed:
September 30, 2026December 31, 2025
(In thousands)
Contract Assets:
Commissions$1,465 $1,603 
Other contract costs$1,497 $1,626