Vertically-integrated satellite bus manufacturer streamlining spacecraft procurement for the DoD and commercial customers
Defense & Space📍 Los Angeles, CAFounded 2022
Current Valuation
$1.0B
as of 2025-Q1
UNICORN
IPO Outlookprivate
Is Apex going public?
No. Apex has no imminent IPO plans on record. It is still private.
What is Apex's valuation in 2026?
Apex is valued at $1.0B as of 2025-Q1, set by its Series C ($200M, Apr 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Apex sells productized satellite buses (the spacecraft chassis), allowing payload customers to skip 18-24 months of custom satellite development. First commercial launch (Aries-1) successful in March 2024. Multiple DoD contracts plus commercial customers building Earth observation, communications, and ISR constellations.
Company Profile
CEO
Ian Cinnamon
Founded
2022
HQ
Los Angeles, CA
Employees
~200
Total Raised
$315M
Last Round
Series C — $200M (Apr 2025) · Lead: Point72 Ventures
IPO Status
no imminent plans
Fundraising Status
Series C · $200M · 1y 4mo ago
no imminent plansTotal raised $315M
Secondary Market
Implied price / share
$2
Last round price / share
$1
vs last round
+100.0%
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series C
$200M
Apr 2025
Point72 Ventures
—
Vertical Intelligence — Defense / Aerospace
Federal awards
4+
prime contracts, last 36 months
Obligated
$32.78M+
top: Department of Defense
Largest award
$22M
Department of Defense
Latest award
2025-02-13
Largest award: SBIR PHASE II STRATFI TO APEX TECHNOLOGY, INC FOR MULTI-MISSION SATELLITES FOR LEO AND GEO DYNAMIC SPACE OPERATIONS (FA880925CB005)
Name-verified against recipient "APEX TECHNOLOGY, INC." on USASpending.gov as of 2026-08-19. Prime awards only — subcontracts and classified work are not visible in the public registry. Verify on USASpending.gov ↗
Talent Signal
Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
77
via ashby
Product-build share
73%
engineering, research, product, design
Trajectory
steady
heavy product build — 73% of open roles are product-building functions (engineering/research/product) — 33 of 77 open roles are engineering.
Counted from Apex's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Ian CinnamonMaximilian Benassi
Investors
Point72 Ventures · 8VC · Andreessen Horowitz · Shield Capital · CRV · XYZ Venture Capital
Products
Aries (100 kg ESPA-class)
Nova (200 kg)
Comet (500 kg)
Competitors
Terran Orbital · Maxar · Astranis · Loft Orbital · Sidus Space
SpaceSatellitesDefenseVertical Integration
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q1. Refreshed quarterly.