Quarterly report [Sections 13 or 15(d)]

Segment Reporting - Schedule of Selected Financial Data by Business Segment (Details)

v3.26.1
Segment Reporting - Schedule of Selected Financial Data by Business Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting, Revenue Reconciling Item [Line Items]    
Revenues $ 96,972 $ 61,395
Cost of sales 71,164 52,354
Selling, general and administrative 64,300 3,381
Research and development 12,413 731
Reportable segment income (loss) from operations (50,905) 4,929
Other (income) expense, net 229 (1,200)
Depreciation and amortization expense 10,462 2,622
Severance costs 255 177
Equity-based compensation expense 43,910 1,068
Acquisition integration cost (225)  
Reportable Segment Adjusted EBITDA 3,718 9,996
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Abstract]    
Interest income (expense) (2,467) (3,594)
Depreciation and amortization expense (11,250) (3,046)
Severance costs (262) (177)
Equity-based compensation expense (46,735) (2,912)
Transaction expenses (40) (3,799)
All other corporate charges (15,675) 402
Debt financing costs and extinguishment losses (2,925)  
Loss on extinguishment of debt (2,545) 0
Income (loss) before income taxes (75,861) (3,130)
Space    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Revenues 52,669 52,133
Cost of sales 47,766 45,155
Selling, general and administrative 4,398 3,086
Research and development 4,508 684
Reportable segment income (loss) from operations (4,003) 3,208
Other (income) expense, net 102 (1,200)
Depreciation and amortization expense 1,622 1,998
Severance costs 168 177
Equity-based compensation expense 670 918
Acquisition integration cost 0  
Reportable Segment Adjusted EBITDA (1,645) 7,501
Defense Tech    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Revenues 44,303 9,262
Cost of sales 23,398 7,199
Selling, general and administrative 59,902 295
Research and development 7,905 47
Reportable segment income (loss) from operations (46,902) 1,721
Other (income) expense, net 127 0
Depreciation and amortization expense 8,840 624
Severance costs 87 0
Equity-based compensation expense 43,240 150
Acquisition integration cost (225)  
Reportable Segment Adjusted EBITDA $ 5,363 $ 2,495