Satellite bus manufacturing startup Apex Space has closed a $16 million Series A round co-led by Andreessen Horowitz and new investor Shield Capital, as it prepares for its first demonstration mission early next year.
In addition to the new capital, Apex also revealed some of the customers that will be flying payload on that inaugural mission: Orbit Fab, a startup that’s developing technology to refuel spacecraft in-orbit; Irish satellite firm Ubotica; and a tier 1 defense prime that Apex CEO Ian Cinnamon told TechCrunch was as a “household name.”
Apex, founded by Cinnamon and Max Benassi scar
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