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Apex

Manufactures ESPA-class satellites and bus

Overview

Apex Space designs and builds ESPA-class satellite buses, with the Aries bus as its flagship platform to support space missions. The Archer bus is configurable to host payloads up to 94 kilograms and a total wet mass of 197 kilograms, usable from LEO through deep space, and customers customize payloads for Earth observation, communications, or scientific research. The company differentiates itself with guaranteed on-time delivery, high reliability, and transparent pricing, while offering flexible payload accommodations to aerospace, defense, and research clients. Its goal is to provide reliable, configurable satellite platforms that make it easier for government, commercial, and research customers to access and execute diverse space missions.

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About Apex

Simplify's Rating
Why Apex is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingGovernment & Public SectorAerospaceDefense

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$718.5M

Headquarters

Los Angeles, CA

Founded

2022

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What believers are saying

  • June 5, 2026, Apex raised over $200 million at a $2.3 billion valuation.
  • November 6, 2026, Apex updated its news page, signaling active commercialization and customer traction.
  • September 2026 Elveo and AnySignal deals broaden Apex beyond defense into D2D and networking.

What critics are saying

  • Apex missed April 2026 Golden Dome prototype awards; Lockheed, Northrop, and SpaceX won instead.
  • Contrary Research said Apex lacked a durable moat; York Space Systems and Terran Orbital copy the model.
  • Factory expansion depends on defense contracts; backlog near $100 million cannot fill 200-bus capacity.

What makes Apex unique

  • Apex productizes satellite buses; June 5, 2026 funding validated its manufacturing-first strategy.
  • June 2026, Apex said Factory One supports ahead-of-need production and 100% vertical integration.
  • September 13, 2026, Elveo chose Apex to build a dedicated spacecraft factory.

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Funding

Total Funding

$718.5M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Parental Leave
  • Company Equity
  • Meal Benefits

Growth & Insights and Company News

6 month growth

4%

1 year growth

0%

2 year growth

4%
Bloomberg
Oct 22nd, 2026
Satellite maker Apex in funding talks at $4 billion valuation.

Satellite maker Apex in funding talks at $4 billion valuation. October 22, 2026 at 4:39 PM GMT+2 Takeaways by bloomberg aisubscribe. Satellite maker Apex is in talks for a new funding round at a roughly $4 billion valuation, according to people familiar with the matter, nearly doubling its value from a prior round in June. The startup is discussing a raise of about $500 million, said the people, asking to remain anonymous as the information is not public. Washington Harbour Partners is set to lead the round, with existing investors Andreessen Horowitz and XYZ Venture Capital also participating, the people said. The valuation includes the capital Apex is set to raise, the people said.

PR Newswire
Sep 14th, 2026
Elveo partners with Apex to scale spacecraft production for global D2D satellite network

Elveo Mobile has partnered with Apex to establish a dedicated spacecraft factory for its direct-to-device constellation. The collaboration uses Apex's Factory X model to help Elveo set up its first satellite production facility in the US. Apex will provide spacecraft platforms and high-rate production expertise to help Elveo operationalise its own manufacturing. Elveo plans to expand production facilities into Europe and Asia with regional partners, creating a global supply chain for its low-Earth orbit network. The partnership aims to accelerate constellation deployment compared to traditional timelines. Elveo's network will feature patented satellite technology compliant with 3GPP non-terrestrial networks standards, offering connectivity directly from satellites to smartphones and IoT devices. Apex, founded in 2022, manufactures satellite platforms with production ramping to 200 buses per year at its Los Angeles facility.

PR Newswire
Sep 9th, 2026
AnySignal partners with Apex to integrate AnyLink communications on mass-produced satellite buses

AnySignal has partnered with Apex to offer its AnyLink communications services on Apex's satellite platforms. The collaboration builds on the successful on-orbit performance of AnySignal's networking software aboard Apex spacecraft. The partnership allows customers to design missions using a single integrated platform from conception through on-orbit operations. AnyLink aggregates multiple ground station networks into one unified platform, providing continuous spacecraft connectivity rather than requiring manual handoffs between providers. AnySignal develops software-defined radios and space-based networking systems for civil, commercial, and national security applications. Apex manufactures standardised satellite platforms, with production capacity ramping to 200 buses per year at its Los Angeles facility. The company's Aries, Nova, and Comet product lines serve both commercial operators and US defence primes.

Intelligence360 News
Aug 4th, 2026
Apex Technology files to raise $157M to mass-manufacture satellites for US and allies

Apex Technology has filed a notice with the US Securities and Exchange Commission to raise up to $156.8 million in new funding. The filing was made under an exempt offering of securities without registration under the Securities Act of 1933. Founded in 2022 by CEO Ian Cinnamon and CTO Max Benassi, Apex addresses satellite production bottlenecks by mass-manufacturing spacecraft. The company aims to help the US and its allies maintain strategic advantage in the space race through scaled satellite production. Apex offers three product lines — Aries, Nova, and Comet — serving missions from low Earth orbit to geostationary orbit. The company focuses on short lead times, constellation-scale production, and highly reliable spacecraft.

TrendPulse
Jul 14th, 2026
Toyota Racing Development partners with Apex for satellites.

Toyota Racing Development partners with Apex for satellites. TrendPulse AI Analysis This article covers business trends, sourced from Fortune. Its AI system has analyzed the key points and extracted the most relevant insights for decision-makers. Below is the structured breakdown of the original content. Quick summary. * Toyota Racing Development (TRD) is applying high-volume automotive manufacturing precision to the production of satellite components for the aerospace startup Apex. * This partnership aims to bridge the gap between bespoke, low-volume aerospace manufacturing and the high-scale, rigorous quality standards required for modern satellite constellations. * With an estimated 100,000 satellites projected for launch over the next five years, the collaboration highlights a strategic shift toward industrializing space hardware production. Key details. Apex, a Los Angeles-based startup valued at $2.3 billion, is leveraging the expertise of Toyota Ventures to revolutionize how satellites are built. By partnering with TRD, the team behind Toyota and Lexus race cars, Apex is adopting automotive supply chain and quality control methodologies to produce structural components like bulkheads and base decks. These parts require extreme precision, mirroring the "ridiculous tolerances" demanded by high-performance racing. "Race cars are the prime example, in everything from how you manage your supply chain, to how you think about the quality bar. When you're dealing with a race car going 100-plus miles per hour, carrying a human, that thing cannot fail. And you need to be building them at some scale." This collaboration addresses a fundamental bottleneck in the aerospace sector: the reliance on slow, artisanal manufacturing processes. Apex cofounder Ian Cinnamon argues that the future of space infrastructure depends on standardized, high-quality production that mimics the automotive industry's ability to scale. TRD serves as the ideal partner, operating in the "middle ground" between mass-market vehicle production and the ultra-precise, low-volume requirements of traditional aerospace engineering. Why this matters. This partnership signals a broader trend of cross-industry pollination, where automotive manufacturing prowess is becoming a critical asset for the burgeoning space economy. As the demand for satellite constellations grows, the ability to produce reliable hardware at scale will determine which companies dominate the orbital landscape. Investors should view this as a validation of "industrialized space," where the winners will be those who can reduce costs through manufacturing efficiency rather than relying on traditional, high-cost aerospace methods. For industry professionals, this shift suggests that the next wave of aerospace innovation will not come from traditional rocket science alone, but from the integration of automotive-grade supply chain management. Companies that successfully adapt these high-volume, high-precision techniques will likely capture significant market share as the orbital environment becomes increasingly crowded and commercially vital. The bottom line. By importing automotive manufacturing scale into the aerospace sector, Toyota and Apex are setting a new standard for the rapid, reliable production of critical satellite infrastructure. Original source: Fortune This article has been processed and analyzed by TrendPulse AI for informational purposes. Content may have been summarized or restructured for clarity.

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