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Apex raises $200 million to accelerate satellite production

  • On April 29, 2025, Apex secured $200 million in Series C financing led by Point72 Ventures with 8VC serving as co-lead, supporting the company's efforts to expand production in Los Angeles.
  • The round followed strong demand driven by Apex’s rapid satellite bus production and milestone achievements including a successful first mission.
  • Apex operates a 50,000-square-foot factory named Factory One that builds scalable satellite platforms supporting defense and commercial space programs.
  • CEO Ian Cinnamon said the funding lets Apex build inventory ahead of demand so satellites can be delivered in days or weeks, not years.
  • This capital infusion positions Apex to accelerate production, meet growing customer demand, and support key programs like Golden Dome and U.S. National security efforts.
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insidedefense.com broke the news in on Tuesday, April 29, 2025.
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