Apex Secures $200 Million in Series D Funding to Expand Satellite Production and Capabilities

Apex, a prominent name in spacecraft manufacturing, recently announced the successful completion of a $200 million Series D funding round led by Interlagos. This significant influx of capital boosts the company's valuation to over one billion dollars, firmly establishing Apex as a leading partner in the evolving landscape of satellite manufacturing.

With this funding, Apex aims to meet the increasing demand for satellite constellations that serve both commercial and governmental clients. The company specializes in providing mass-produced, configurable satellite bus platforms, a niche that is becoming increasingly vital as the global need for reliable satellite communication grows.

The CEO of Apex, Ian Cinnamon, commented on the company's vision, stating, “From day one, Apex has been about rapidly scaling satellite production to support future constellations.” This new investment allows Apex to enhance its production capabilities, ensuring they are well-equipped to support initiatives ranging from global connectivity networks to crucial national security projects, such as the Golden Dome mission.

The Series D funding round indicates robust investor interest in capturing the expanding demand for large-scale low Earth orbit (LEO) satellite constellations. This is particularly relevant in a time when the space industry is witnessing a paradigm shift towards increased use of satellite technology for various applications, including communication, sensing, and national defense. The quick turnaround on satellite production is a primary competitive advantage for Apex, further solidified by the strategic vertical integration of its operations.

In addition to the recent funding, Apex has made significant strides in expanding its supply chain efficiency. The company has acquired crucial technologies, including Phase Four's Hall-effect Thruster (HET), enabling them to improve in-house propulsion systems, which are essential for spacecraft. They are also expanding their Los Angeles-based facilities, leasing new space that will double their production capabilities, which is expected to facilitate a 50 percent increase in spacecraft production.

Apex’s commitment to innovation is evident as they launch new satellite bus models. This year, they introduced the Comet, their largest and most powerful satellite bus, designed for both commercial and defense applications. Their outreach in the market is reinforced by the successful one-year mission of their Aries spacecraft, showcasing the dependability of their productized approach.

The company's ambitious growth trajectory is reflected in its funding success, and it has garnered significant recognition, including being named one of Fast Company’s most innovative space companies in 2025. With the new resources and capital from their Series D funding, Apex is poised to solidify its place as a market leader.

In summary, Apex’s recent $200 million Series D funding event marks a pivotal moment for the company, enabling it to ramp up production capabilities and enhance its technological infrastructure effectively. As the demand for satellite technology grows, Apex's strategic actions and innovative services position it to lead in the satellite manufacturing industry, servicing the needs of both governmental and commercial entities.

For more information about Apex, please visit ApexSpace.com.