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About Apex
Industries
Aerospace
Defense
Company Size
51-200
Company Stage
Series B
Total Funding
$118.5M
Headquarters
Los Angeles, California
Founded
2022
Overview
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 serve clients in the aerospace and defense sectors, providing customizable satellite solutions for applications like Earth observation and communications. Apex Space differentiates itself with guaranteed on-time delivery, high reliability, and transparent pricing. Their goal is to offer tailored satellite solutions that meet the specific needs of their clients.
Simplify's Take
What believers are saying
- Apex won a $45.9 million contract with the U.S. Space Force.
- Partnership with Anduril enhances Apex's capabilities in the defense sector.
- Toyota Ventures' investment supports Apex's cost reduction and scaling efforts.
What critics are saying
- Emerging satellite bus manufacturers threaten Apex's market share.
- Technological advancements may render Apex's offerings obsolete.
- Supply chain vulnerabilities could lead to production delays and increased costs.
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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Funding
Total Funding
$118.5M
Above
Industry Average
Funded Over
3 Rounds
Andreessen HorowitzIndustry standards
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
↑ 2%1 year growth
↓ -10%2 year growth
↓ -43%The contract win comes as Apex expands beyond its initial focus on low Earth orbit satellites to develop capabilities for geostationary, medium Earth orbit and deep space missions.
LOS ANGELES and COSTA MESA, Calif., Oct. 1, 2024 /PRNewswire/ - Anduril Industries is announcing a strategic partnership with Apex, a Los Angeles-based merchant supplier of productized satellite buses, to enable rapid development and delivery of space systems for the United States and partners.
Toyota Ventures has invested in Apex Space, a Los Angeles-based company founded in 2022, which manufactures satellite buses at scale. Apex aims to reduce costs and lead times for satellites by using standardization and rapid delivery. Their first model, the Aries satellite bus, is a 100kg platform capable of carrying a payload and fuel mass of up to 150kg. Since 2015, space companies have received $286 billion in investment, with 86% going towards satellite technologies.
WASHINGTON - Satellite manufacturing startup Apex has raised $95 million to allow it to ramp up production of "productized" satellite buses to tap into growing demand, particularly from national security customers.
Satellite manufacturing startup Apex has raised $95 million to allow it to ramp up production of “productized” satellite buses to tap into growing demand.
Apex is Hiring for 40 Jobs on Simplify!
Find jobs on Simplify and start your career today
Aerospace Engineering
27 Open Roles
Electrical Engineering
7 Open Roles
Software Engineering
3 Open Roles
Mechanical Engineering
3 Open Roles
QA & Testing
1 Open Roles
IT & Security
1 Open Roles
DevOps & Infrastructure
1 Open Roles
Engineering Management
1 Open Roles
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About Apex
Industries
Aerospace
Defense
Company Size
51-200
Company Stage
Series B
Total Funding
$118.5M
Headquarters
Los Angeles, California
Founded
2022
Apex is Hiring for 40 Jobs on Simplify!
Find jobs on Simplify and start your career today
Aerospace Engineering
27 Open Roles
Electrical Engineering
7 Open Roles
Software Engineering
3 Open Roles
Mechanical Engineering
3 Open Roles
QA & Testing
1 Open Roles
IT & Security
1 Open Roles
DevOps & Infrastructure
1 Open Roles
Engineering Management
1 Open Roles
People Also Viewed
Discover companies similar to Apex