BEAMSTART Logo

Apex’s off-the-shelf satellite bus business attracts $95M in new funding

TechCrunch LogoTechCrunch2w ago

Apex’s off-the-shelf satellite bus business attracts $95M in new funding - TechCrunch

Quick Summary:

Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations.  The Los Angeles-based startup successfully launched and commissioned its first spacecraft, a model called Aries, in March.

The TechCrunch team runs down all of the biggest news from the Apple WWDC 2024 keynote in an easy-to-skim digest.

The very innovations that have increased demand for access to space — namely the drop in launch costs thanks to SpaceX Falcon 9 ride-share missions — have also set the conditions for a productized spacecraft to win on the market.


More Pictures

Apex’s off-the-shelf satellite bus business attracts $95M in new funding - TechCrunch (Picture 1)

or

Article Details

Author / Journalist: Aria Alamalhodaei

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-12 @ 04:01:00 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1030 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21233992

View Article Analysis

About TechCrunch

TechCrunch Logo

Main Topics: Technology

Official Website: techcrunch.com

Update Frequency: 6 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 19 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #20

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Apex’s off-the-shelf satellite bus business attracts $95M in new funding" has 1030 words across 39 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Which news outlet covered this story?

The story "Apex’s off-the-shelf satellite bus business attracts $95M in new funding" was covered 2 weeks ago by TechCrunch, a news publisher based in United States.

How trustworthy is 'TechCrunch' news outlet?

TechCrunch is a fully independent (privately-owned) news outlet established in 2005 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 6 news stories per day.

It's most recent story was published 19 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #21233992
  • URL: https://beamstart.com/news/apexs-off-the-shelf-satellite-17181653402313

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.