+2%

est. 2Y upside i

AerospaceSeries D+

Apex manufactures standardized satellite bus platforms from which satellites can be built that can be more quickly deployed compared to custom-built spacecraft.

Rank

#1359

Sector

Space Technology / Satellites

Est. Liquidity

~3Y

Data Quality

Data: Medium

Apex is the clearest pure-play on satellite production bottleneck. $60M rev doubling with factory at scale.

Last updated: March 21, 2026

Bull (30%)+200%

SDA + commercial constellations drive $300M+ rev. IPO at 5-8x ($1.5-2.4B).

Base (40%)+60%

$150-200M rev. Defense steady. Acquired by Rocket Lab/L3Harris at 3-5x.

Bear (30%)-45%

SpaceX internalizes; defense budget cuts; manufacturing execution fails.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

52%

$518M raised on $1B; 51.8% intensity — high for hardware.

Dilution Risk

moderate

Capital-intensive; more rounds likely.

Secondary Liquidity

none

No secondary.

Other — 1 role

View all 1 open roles at Apex →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Apex's data — designed to show you've done your homework.

  • 1

    “Commercial vs defense pipeline mix?”

  • 2

    “SpaceX competitive response?”

  • 3

    “Margin trajectory as factory scales?”

Community

Valuation Sentiment

Our model estimates +2% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.