Sign In
Search
Space

Apex Ready To Increase Satellite Bus Production, Expand Product Line With New Funding Raise

Cal Biesecker By
SHARE:
Apex Ready To Increase Satellite Bus Production, Expand Product Line With New Funding Raise
Selfie of Apex's Aries SN1 satellite on orbit. Photo: Apex

Satellite developer and manufacturer Apex on Wednesday said it has closed a $95 million funding round that will allow it to begin to scale production and expand its suite of standardized and configurable spacecraft buses that it eventually expects to deliver within weeks of an order. Demand is strong and the customer base is growing, the product has been built and now is time to scale production, Ian Cinnamon, co-founder and CEO of Apex, told Defense Daily on June 7.…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Space

Directed Energy Systems, Stealth Satellites Areas Of Concern In Chinese Roadmap, Space Force Official Says

Space

Space Company Execs Outline Supply Chain Challenges

Space

NGA Mission To Support World Magnetic Model Launches On SpaceX Rocket

Space

Space Force Adds Portfolio Acquisition Executives For Four More Mission Areas

Trending

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says
Lockheed Martin Reveals Rapid Fielding Center As Step Between Prototype And Full Production
Army Officially Launches ‘Amazon-Like’ UAS Marketplace
Lockheed Martin Rolls Out Low-Cost Containerized Grizzly Launcher
Space Force Adds Portfolio Acquisition Executives For Four More Mission Areas

Congress Updates

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume