Aerospace Group:

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

By Cal Biesecker

Friday, September 12th, 2025

SHARE:

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…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]