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Revenue (Tables)
9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue

The following table presents revenue disaggregated by type for the three and nine months ended September 30, 2025 and 2024:

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Launch revenue

 

$

9,424

 

 

$

13,242

 

 

$

20,943

 

 

$

17,523

 

Spacecraft Solutions revenue

 

 

21,354

 

 

 

9,128

 

 

 

81,239

 

 

 

34,235

 

Total revenue

 

$

30,778

 

 

$

22,370

 

 

$

102,182

 

 

$

51,758

 

Schedule of Deferred Revenue

Deferred revenue consisted of the following as of September 30, 2025 and December 31, 2024:

 

 

 

September 30, 2025

 

 

December 31, 2024

 

   Launch

 

$

75,643

 

 

$

65,403

 

   Spacecraft Solutions

 

$

89,970

 

 

 

87,291

 

   Other

 

$

4,105

 

 

 

1,279

 

Total deferred revenue

 

$

169,718

 

 

$

153,973