Apex Space Doubles Valuation to $2.3 Billion After Raising More Than $200 Million
Updated
Updated · Bloomberg · Jun 5
Apex Space Doubles Valuation to $2.3 Billion After Raising More Than $200 Million
1 articles · Updated · Bloomberg · Jun 5
Summary
$2.3 billion is Apex Space's new valuation after the Los Angeles startup raised more than $200 million in a fresh funding round.
The company said the capital will help expand production of satellite platforms for both commercial customers and government programs.
Apex builds satellite buses—the core systems that handle power generation and communications while letting customers add payloads such as cameras, scientific instruments or defense technology.
That manufacturing push ties the startup to higher-profile defense work, including development tied to President Donald Trump's Golden Dome missile defense shield.