What Happened
Satellite Bus Maker Expands Production for Defense Constellations
Apex, a satellite bus manufacturer, is in discussions to raise $500 million in funding, valuing the company at $4 billion. The investment, led by Washington Harbour Partners, will support the expansion of Apex’s production capabilities for commercial and national security constellations. Apex specializes in producing standardized satellite buses, including its Aries and Nova platforms, and has partnered with Northrop Grumman for space-based interceptors. The funding round was reported by Bloomberg, according to SatNews.