Andreessen Horowitz, Shield Capital back satellite bus manufacturing startup Apex Space
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 a “household name.” Apex, founded by Cinnamon a...