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Satellite Manufacturer Apex Raises $200 Million To Pursue Vertical Integration, Build Inventory

Cal Biesecker By
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Satellite Manufacturer Apex Raises $200 Million To Pursue Vertical Integration, Build Inventory
An Apex engineer builds one of the company’s bus platforms. Photo: Apex

Flush with demand for its standardized spacecraft buses and seeking to speed production, Apex on Tuesday said it has raised $200 million in a Series C round that will be put toward designing and developing more subsystems and components in-house, and holding on to more inventory of components and finished products, the startup said on Tuesday. Bringing more parts manufacturing in-house helps solve supply chain delays, speed overall production, reduce costs, and improve quality and reliability, Ian Cinnamon, founder and…

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