Tag: vertical integration
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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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York Space Systems to Acquire Solar Cell Maker Solestial
York Space Systems has signed a definitive agreement to acquire Solestial as the company continues a broader strategy to strengthen control over key spacecraft technologies and supply chains. Financial terms of the transaction were not disclosed. The acquisition marks York’s third announced deal this year following its planned $355 million acquisition of satellite terminal manufacturer…
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Phantom Space Acquires Thermal Tech for Orbital Data Centers
Can Phantom Space Compete in the Orbital Data Center Arms Race? Phantom Space has acquired a thermal management technology company to complete its vertically integrated approach to orbital data centers, positioning the Tucson-based startup to compete against established players in a market projected to reach $2.1 billion by 2030. The acquisition gives Phantom Space the…