No description available.
Launch Date
8/3/1994
Launch Site
EAFB RW04/22
,
Launch Vehicle
Pegasus (Pegasus Family)
Los Angeles-based startup Apex emerged from stealth on 2022-10-24 after raising a $7,500,000 seed round to pursue plans to produce large numbers of smallsats.
Apex plans to enter the satellite manufacturing market with a bus called Aries weighing 103 kg and able to host payloads of up to 94 kg.
Apex plans to increase production to 100 buses in 2026.
Apex plans to build its first Aries bus in 2023 as a demonstration unit and to build five buses in 2024.
Apex is a Los Angeles-based startup that raised a $7,500,000 seed round led by venture capital firm Andreessen Horowitz on 2022-10-24.
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 will open a new 50,000-square-foot production facility in Los Angeles dedicated to serial bus manufacturing.
Apex’s first Aries satellite bus is set to launch on SpaceX’s Transporter 10 in 2024-01-01.
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 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 will use the Series A funds to build Factory One, a 4,600-square-meter production facility in Los Angeles.
Development of Factory One is supported by a $16,000,000 Series A round Apex raised in June.
The satellites produced at Factory One will include a mix of Apex’s initial Aries satellite bus and its larger Nova bus based on customer demand.
Apex signed a lease on 2023-12-14 for a nearly 4,300-square-meter building in the Playa Vista neighborhood of Los Angeles to serve as a production facility called Factory One.
Apex is producing five additional Aries units for customers in 2024 and plans to ramp production to 20 spacecraft by 2025.
Apex raised $95,000,000 in a Series B funding round to ramp up production of productized satellite buses.
Apex plans to start producing Nova buses in 2025 with two Nova buses expected to be completed and launched that year.
Apex announced its Series B funding round on 2024-06-12.