Apex Secures $200M to Boost Satellite Production Amid Defense Demand

Satellite manufacturing startup Apex has raised $200 million in a Series C funding round led by Point72 Ventures and 8VC, with participation from Andreessen Horowitz and new investors. The Los Angeles-based company aims to ramp up production of its scalable satellite buses to meet surging demand from commercial, government, and defense customers, including interest in missile defense initiatives like the potential Golden Dome project. Apex will use the funds to accelerate manufacturing, stock up on satellite components, and build spacecraft ahead of orders, a strategy driven by a fivefold increase in demand over the past year. The company has positioned itself as a key supplier for rapid deployment of satellites, offering standardized platforms that allow for quicker delivery compared to custom builds. The funding round was heavily oversubscribed, reflecting growing investor interest as Apex continues to secure contracts with prominent defense and space organizations. Apex's approach focuses on vertical integration, inventory readiness, and supporting national security and commercial space strategies.