Tag: Satellite Systems
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Apex Space Raises $200 Million at $2.3 Billion Valuation to Expand Satellite Manufacturing
Satellite manufacturer Apex Space has secured $200 million in new funding at a valuation of $2.3 billion, as the company accelerates plans to expand production capacity and strengthen its position in the growing space infrastructure market. The funding round was led by Glade Brook Capital Partners, with participation from Washington Harbour Partners and a mix…
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MDA Space Reports Record 2025 Revenue Driven by Satellite Systems Growth
MDA Space reported record revenue for fiscal year 2025, driven largely by strong demand in its satellite manufacturing business. The Ontario-based company posted annual revenue of CA$1.63 billion ($1.19 billion), representing a 51% increase from the previous year and landing at the upper end of its projected range of CA$1.5 billion to CA$1.65 billion. MDA…