spacetoday.net: Apex becomes billion-dollar company with $200 million Series D round

Apex becomes billion-dollar company with $200 million Series D round

Posted: Sun, Sep 14, 2025, 4:09 AM ET (0809 GMT)
Satellite manufacturer Apex has raised $200 million, vaulting the company’s valuation to more than $1 billion. The company announced Friday a Series D round led by venture capital firm Interlagos. The funding will allow the company to scale up production of its lines of satellites and bring more component manufacturing in-house. That includes leasing a second facility adjacent to its existing Los Angeles factory to increase satellite production rates by 50%. Apex is also acquiring the Hall Effect thruster technology from satellite propulsion company Phase Four.