ispace technologies U.S. is designing and plans to manufacture the APEX 1.0 lunar lander at its Denver headquarters.
ispace, inc. revised its fiscal year March 2024 net sales forecast to ¥3,050 million (USD $21,100,000) after the transition to APEX 1.0 and the Mission 3 schedule update.
ispace technologies U.S. staffed its Denver headquarters with more than 80 U.S. team members and plans to expand to more than 100 by the end of the year to support APEX 1.0 design and future production.
Apex’s Series A funding brought the company’s total funding to more than $27,000,000.
Apex’s Call to Adventure multi-customer hosted-payload mission is a one-off arrangement for the company’s first launch to validate the Aries platform.
Apex’s first mission is named Call to Adventure and will host missions for three customers on a single satellite bus.
Apex is under contract to deliver multiple satellite buses to customers in 2024 following the inaugural mission.
Apex raised $16,000,000 in a Series A funding round led by Andreessen Horowitz and Shield Capital.
Apex’s first Aries satellite bus is set to launch on SpaceX’s Transporter 10 in 2024-01-01.
Apex will open a new 50,000-square-foot production facility in Los Angeles dedicated to serial bus manufacturing.
Apex is building its first Aries spacecraft now and projects production scaling to five satellites in 2024, 20 in 2025, and as many as 100 in 2026.
Apex has raised more than $27,000,000 to date, including a seed round announced in October 2022.
Apex raised $16,000,000 in a Series A funding round announced 2023-06-22.
Apex will use the Series A funds to build Factory One, a 4,600-square-meter production facility in Los Angeles.
Factory One in Los Angeles will be used to ramp up production of Apex’s Aries satellite bus.
Apex has sold part of a second set of five satellites that it is building for 2024.
Apex’s first Aries satellite is dubbed "Call to Adventure" and was announced in April 2023.
Astra is supplying electric propulsion systems to Apex in a form called the Spacecraft Propulsion Kit.
Astra Space won an order for five Astra Spacecraft Engines from Apex on 2023-04-27.
Apex expects to launch its first Aries satellite in early 2024 and plans to produce such satellites in volume for government and commercial customers.