What is Apex Space?
- Category
- Satellite bus manufacturing
- Headquarters
- Los Angeles, CA
- Founded
- 2022
- Employees
- 201-500 reported
- Total funding
- About $718M reported
- Valuation
- $2.3B
What is Apex Space?
Apex Space manufactures productized, configurable satellite bus platforms designed to be delivered in weeks or months rather than years for commercial and government constellations.
Apex attacks the satellite production bottleneck by selling standardized spacecraft bus platforms that customers can configure for mission needs. Its products include Aries and larger or specialized bus lines, with positioning around high-rate manufacturing, defense and commercial demand, and faster procurement than bespoke spacecraft builds.
The company has scaled unusually quickly for hard tech: founded in 2022, it reached unicorn status in 2025 and nearly doubled valuation to $2.3B in June 2026 after raising more than $200M in new growth funding. Public materials emphasize proliferated constellations, national-security demand, and a Los Angeles manufacturing base.
Sources:Apex SpaceApex $2.3B round
What does Apex Space offer?
Apex Space offers the products and platform capabilities listed below.
- Aries LEO bus· Satellite platform
- Aries GEO· Satellite platform
- Comet / Nova product lines· Satellite platform
- FlatSat / emulator· Testing
- Mission management· Services
- High-rate production· Manufacturing
- Government missions· Defense
- Commercial constellations· Commercial
Sources:Apex SpaceApex products
How does Apex Space make money?
Apex makes money by selling configurable satellite buses, mission-specific options, engineering support, and production capacity to commercial and government customers.
Apex does not publish standard bus prices because mission requirements vary by orbit, payload, power, communications, propulsion, schedule, security requirements, and testing scope. Its commercial promise is that productized buses reduce non-recurring engineering and procurement time compared with bespoke spacecraft.
Unit economics depend on manufacturing throughput, supply-chain reliability, platform reuse, mission configuration complexity, and contract mix between commercial and government buyers. Growth is driven by constellation demand, defense urgency, launch availability, and successful on-orbit proof points.
Sources:Apex SpaceApex configure
Who leads Apex Space?
Apex Space is led by Ian Cinnamon with technical and operating leaders tied to satellite bus manufacturing.
- Ian CinnamonCo-founder & CEOFounder, since 2022Leads Apex strategy, fundraising, and high-rate spacecraft manufacturing vision.
- Max BenassiCo-founderFounder, since 2022Co-founder associated with spacecraft product and manufacturing execution.
- Michael KopetCFO signalExecutive signalListed in public company-contact sources as finance leader.
- Mission and manufacturing leadersOperations leadershipScaling functionOwn customer missions, production, quality, and delivery.
How do you contact Apex Space's leadership?
Apex Space publishes official company contact routes. Personal executive email formats are not verified, so outreach should use those public aliases or forms.
website@apexspace.com / contact form; personal format not verifiedSources:Apex contactApex about
How much funding has Apex Space raised?
Apex has raised about $718M reported, including a $95M Series B, a $200M Series C/D in 2025, and a June 2026 $200M+ growth round at a $2.3B valuation.
Apex first raised seed capital in 2022, including a16z-backed American Dynamism interest. In 2024, it raised a $95M Series B to expand off-the-shelf satellite bus production. In 2025, Apex announced a $200M Series C/D-style financing led by Interlagos to scale production after its first spacecraft mission reached a one-year on-orbit milestone.
In June 2026, Apex announced more than $200M in new growth funding led by Glade Brook Capital Partners and co-led by Washington Harbour Partners, nearly doubling valuation to $2.3B only months after crossing $1B. Tracxn reports about $718M total funding across six rounds.
How did Apex Space get here?
Apex Space's milestones show its path from founding to category scale.
- 2022FoundedIan Cinnamon and Max Benassi launch Apex.
- 2023a16z investing announcementa16z highlights Apex’s Aries platform.
- 2024$95M Series BApex scales off-the-shelf satellite bus manufacturing.
- 2025$200M financing and unicorn statusApex raises capital after one-year on-orbit milestone.
- Jun 2026$2.3B valuationApex raises more than $200M new growth funding.
Sources:Apex SpaceApex $2.3B round
Who are Apex Space's competitors?
Apex Space competes with specialized startups and larger incumbents in satellite bus manufacturing.
- Terran OrbitalSmall-satellite manufacturer with defense and constellation programs.
- York Space SystemsSatellite bus and spacecraft manufacturer for proliferated constellations.
- Blue Canyon TechnologiesRaytheon-owned small-satellite bus provider.
- Muon SpaceSatellite platform and mission services company with climate and defense missions.
- Loft OrbitalSpace infrastructure company providing missions as a service.
- AstranisBuilds dedicated small GEO communications satellites rather than standard buses.
Sources:Apex SpaceApex Contrary
Apex Space — frequently asked questions
