Apex

Apex

Manufactures customizable ESPA class satellites

About

Apex Space manufactures ESPA class satellites, focusing on their flagship product, the Aries satellite bus, which is suitable for Low Earth Orbit (LEO) and other missions. They cater to clients in the aerospace and defense sectors, providing customizable satellite solutions for Earth observation, communications, and scientific research. Apex Space differentiates itself with guaranteed on-time delivery, high reliability, and transparent pricing. Their goal is to lead in spacecraft manufacturing by offering dependable satellite solutions for a variety of space missions.

Company Stage

Series B

Employees

51-200

Industries

Aerospace, Defense

Total Funding

$115.3M

Headquarters

Los Angeles, California

Founded

2022


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Simplify's Take

What believers are saying

  • Apex raised $95 million to increase satellite bus production.
  • Partnership with Anduril enhances rapid development of space systems for the U.S.
  • Toyota Ventures' investment supports Apex's cost reduction and rapid delivery goals.

What critics are saying

  • Emerging satellite bus manufacturers may erode Apex's market share.
  • Technological advancements may render Apex's offerings obsolete if innovation lags.
  • Supply chain disruptions could impact Apex's on-time delivery promise.

What makes Apex unique

  • Apex specializes in ESPA class satellites, ranging from 40 to 400 kilograms.
  • The Aries satellite bus supports LEO, MEO, GEO, and deep space missions.
  • Apex guarantees on-time delivery, high reliability, and transparent pricing.

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Growth & Insights
Headcount

6 month growth

47%

1 year growth

106%

2 year growth

33%

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