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The Series 3 lander will be designed and manufactured in Japan as the successor to the Series 1 lander and the APEX 1.0 lander (formerly Series 2).
The APEX 1.0 design aims to resolve vibration issues found in the previous Series 2 design.
Draper is leading a team that includes ispace US, which is designing a new lunar lander called APEX 1.0.
ispace technologies U.S. unveiled a revised lunar lander design called APEX 1.0 at an event on 2023-09-28 in Centennial, Colorado.
APEX 1.0 will be able to host up to 300 kg of payloads with the ability to expand to 500 kg.
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. is designing and plans to manufacture the APEX 1.0 lunar lander at its Denver headquarters.
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 raised $16,000,000 in a Series A funding round led by Andreessen Horowitz and Shield Capital.
Apex’s first mission is named Call to Adventure and will host missions for three customers on a single satellite bus.
Apex will open a new 50,000-square-foot production facility in Los Angeles dedicated to serial bus manufacturing.
Apex is under contract to deliver multiple satellite buses to customers in 2024 following the inaugural mission.
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 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 will use the Series A funds to build Factory One, a 4,600-square-meter production facility in Los Angeles.
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 has sold part of a second set of five satellites that it is building for 2024.