Apex
Vertically-integrated satellite bus manufacturer streamlining spacecraft procurement for the DoD and commercial customers
Defense & Space
📍 Los Angeles, CA
Founded 2022
Current Valuation
$1.0B
as of 2025-Q1
UNICORN
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
Last Round
Series C — $200M (Apr 2025) · Lead: Point72 Ventures
IPO Status
no imminent plans
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.