Subscribe now

To access premium content

  • Free 15 Day Trial
  • Monthly or Yearly Memberships
  • Professional Rated Guides
Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Why the Future of Space Starts in LA | by Mark Suster

Published on:

Both Sides of the Table
Credit: Apex

Today, Apex announced their Series B funding round, led by XYZ Ventures and CRV, with participation from Upfront. And if you spend much time in LA, you’ll quickly realize that we’re in a groundswell of space and defense startups.

Is it because of the rich engineering talent coming out of Caltech, UCLA, USC, Harvey Mudd, and all the other universities?

Is it because of the long history in the region of aerospace and aviation expertise, from Northrup Grumman and Lockheed Martin to JPL and Nasa?

Is it because SpaceX spearheaded a pool of startup-minded thinkers who are now starting their own businesses?

It’s all of those things. And all of those things contributed to Ian Cinnamon founding Apex right here in California. Apex builds satellite buses quicker and more affordably than ever before, allowing companies to rapidly expand critical satellite deployment.

Recently I had the pleasure of speaking with Ian on This Week in Startups. So rather than writing a long blog post about why this business is so necessary (it is) and why we at Upfront are so excited to support it (we are), I’ll let you hear straight from him about:

  • The origin of Apex and why it had to be built in Los Angeles
  • Why space is a desirable sector for investors and founders
  • The complexities of building satellites (and how Apex has unlocked the market)
  • The launch of its first satellite and taking a selfie from space

I hope you’ll check out the conversation here, and join me in congratulating Ian, Max, and Apex team on today’s milestone.

Source link

Related