Livvi backed “Healthy Orbit” Sees Successful Launch: Apex Space’s Debut Satellite Achieves Milestone with Support from a16z
Apex Space just moved one step closer to its goal of upending satellite bus manufacturing, with the startup announcing on Tuesday that its first vehicle is healthy on orbit.
The company launched its first satellite, the first of a class Apex is calling “Aries,” on SpaceX’s Transporter-10 rideshare mission on Monday.
“That will be incredibly valuable over the next many years while the satellite stays in orbit,” Cinnamon said.
Apex, whose backers include Andreessen Horowitz and Shield Capital, is building productized satellite buses to solve the satellite bus “bottleneck” facing the space industry.
In addition to Aries, an ESPA-class spacecraft bus that can support payloads up to 100 kilograms, the company is also developing two larger bus product lines, Nova and Comet.