Search

Investors Buoyant As Apex Raises $200 Million To Expand Satellite Bus Production Capacity

Investors Buoyant As Apex Raises $200 Million To Expand Satellite Bus Production Capacity
Selfie of Apex's Aries SN1 satellite on orbit. Photo: Apex

Excited by strong customer demand, investors are pouring another $200 million into satellite bus developer and manufacturer Apex to enable the company to continue buttressing efforts to accelerate production and vertically integrate. The new funding round follows a $200 million Series C round four months ago that positioned Apex to be able to go from 12 spacecraft busses a month to 18 and pursue its vertical integration strategy (Defense Daily, April 29). The earlier raise boosted “customer traction” for commercial…

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.



Congress Updates

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]


Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]


CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]