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

Business/Financial

Federal Spending On Venture And Private Equity-Backed Companies Increased In FY ‘25

Unmanned Systems

Lockheed Martin Demonstrates Successful Drone Intercept With Sanctum System

Advanced / Transformational Technology

Ground Robotics Startup Focused On Complex Environments Raises $10 Million In Seed Round

Advanced / Transformational Technology

DIU Seeks Solutions For Autonomous Watercraft For Intra-Theater Logistics

Trending

Air Force Leadership Backs MYPs Beyond F-35 And F-15EX
Lockheed Details Successful Propulsion Demo For PrSM Inc. 4 Design, Flight Test To Begin This Fall
Elbit America Teams With Anduril On Offering For Army’s Future Howitzer Competition
DroneShield Awarded $13.8 Million By JIATF-401 For Anti-Drone Systems On Southern Border
Low Radar Cross Section Of MQ-28 Ghost Bat Validated, Boeing Says

Congress Updates

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

The Force Multipliers

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Job Feed

Post a Job // Post a Resume