Apex Secures $95M to Scale Satellite Bus Production

The Los Angeles-based startup aims to meet growing demand from commercial and government sectors.

Apex plans to increase production of its Aries satellite bus and develop larger models, Nova and Comet.
The funding round was led by XYZ Venture Capital and CRV, with participation from several new and existing investors.
Apex's new factory in Los Angeles will support the increased production capacity.
The company expects to double its workforce to around 100 employees by the end of the year.
Apex has raised a total of $122 million since its founding in 2022.