| Schedule of Property, Plant, and Equipment, Net |
Property, plant, and equipment, net consist of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | | Servers and networking equipment | $ | 43,206 | | | $ | 22,694 | | | | Satellites | 14,738 | | | 11,949 | | | | Machinery and equipment | 11,014 | | | 6,343 | | | | Data center infrastructure | 6,333 | | | 2,960 | | | | Launch sites | 3,175 | | | 2,404 | | | Land, buildings, and improvements(1) | 5,167 | | | 1,876 | | | | Flight vehicle hardware | 1,625 | | | 1,689 | | | | Leasehold improvements | 1,002 | | | 784 | | | | Construction-in-progress | 23,745 | | | 4,604 | | | | Property, plant, and equipment | 110,005 | | | 55,303 | | | | Less: Accumulated depreciation | (20,522) | | | (12,701) | | | Property, plant, and equipment, net | $ | 89,483 | | | $ | 42,602 | | |
__________________ (1)Land is not a depreciable asset.
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