The three-year-old satellite and bus maker fetched the same amount in its Series C round, giving us another data point of venture interest in space. Apex, a startup maker of satellites and buses for them, has captured $200 million in Series D capital from investors to aid the next phase of its production capacity expansion efforts.
Interlagos led the round announced Friday, which pushed Apex’s touted valuation past $1 billion and comes less than five months after its Series C round that also fetched $200 million. The three-year-old company’s network of existing investors includes 8VC, Andreesen Horowitz and Point72 Ventures.
Los Angeles-headquartered Apex designs its buses to host government and commercial payloads on constellations used for communications, sensing and national security missions.
With this newfound investment, Apex will push to expand its spacecraft production capacity by 50% and add room to its facilities for more research-and-development work and vertical integration activities.
The expanded footprint will also be used for mission integration activities and component building.
Apex’s Factory One facility spans 50,000 square feet and the company has signed a lease to build a second 55,000-square-foot hub adjacent to the existing site.
The Golden Dome missile defense project is an area of interest for Apex, the company said in its release on the round.
Both venture capital and overall investment activity involving space companies remains active even with few details on how Golden Dome’s architecture will exactly work and how long it could take to implement.
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