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WhenApex Spaceemerged from stealth last October , the company had a provocative destination : remove the “ new bottleneck ” stumble the blank industry by make up satellite buses at musical scale .
To get there , Apex denote today that it has open a fresh headquarters and production facility in California that will eventually scale up to manufacture 50 satellite platforms each year . The newfangled adroitness , which stretches 46,000 square feet , is “ all-important for meet customer need , ” Apex CEO Ian Cinnamon aver in a affirmation .
“ Our customers are seeking spacecraft with shorter lead times , and Factory One will deliver , ” he said .
Apexwants to disruptone of the more entrenched parts of the space industry . In ecumenical , planet bus have been built to order at a very high price and with very tenacious tip time . But watershed change to the diligence , including the decreased cost to plunge good deal to space , have opened up whole unexampled client segments looking to send their payload into orbit .
The company is planning on offer three planet bus class to lead off : the diminished , 100 - kilo busbar called Aries , which will be able to fend for payloads up to 100 kg ; a tumid bus scream Nova , which can accommodate payloads up to 230 kilograms ; and an even heavy passenger vehicle , Comet , to dribble up to 500 kilograms . Apex is design on flee its first Aries on SpaceX ’s Transporter-10 rideshare mission scheduled for the first quarter of next year .
Apex is take aim to descale the mill over the next smattering of days . properly now , the caller is due to surrender five Aries platforms for customer in 2024 and aim to storm up output to 20 spacecraft by 2025 .
The company has raised more than $ 35 million so far across a seed andSeries A , from backers let in Andreessen Horowitz and Shield Capital .
