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PROPERTY, PLANT AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment, net, as of June 30, 2025 and December 31, 2024 consisted of the following:
June 30, 2025December 31, 2024
Buildings and improvements$70,870 $68,631 
Machinery, equipment, vehicles and office furniture150,070 127,577 
Computer equipment, hardware and software18,345 16,204 
Launch site assets22,635 20,726 
Construction in process66,538 27,285 
Property, plant and equipment—gross328,458 260,423 
Less accumulated depreciation and amortization(78,688)(65,585)
Property, plant and equipment—net$249,770 $194,838 
Depreciation expense recorded in the condensed consolidated statements of operations and comprehensive loss during the three and six months ended June 30, 2025 and 2024 consisted of the following:
Three Months Ended June 30,Six Months Ended June 30,
Depreciation expense2025202420252024
Cost of revenues$3,062 $2,917 $6,123 $5,666 
Research and development, net1,935 1,040 3,674 2,432 
Selling, general and administrative761 679 1,526 1,303 
Total depreciation expense$5,758 $4,636 $11,323 $9,401