Apex, a Los Angeles-based spacecraft manufacturing company, emerged from stealth with over $7.5M in funding. The funding round was led by Andreessen Horowitz with participation from XYZ, J2, Lux Capital, and Village Global.

Apex manufactures spacecraft for both commercial and government customers. Apex's first product, the Aries satellite bus, is a 103kg spacecraft platform capable of holding a customer payload as large as 94kg. Apex sells the Aries platform to companies operating in low earth orbit, flying payloads for a wide variety of missions, ranging from earth imaging to communications. The Aries platform is available off the shelf or can be configured to meet specific mission requirements.