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Apex, the ambitious space startup, has announced a significant milestone in its journey by securing $200 million in a new funding round, elevating its valuation to over $1 billion and thus achieving unicorn status. This impressive financial backing was spearheaded by Interlagos, a venture capital firm established by former employees of SpaceX.

Apex has positioned itself at the forefront of the satellite network industry, catering to both corporate clients and government entities. As the demand for satellite connectivity continues to surge, Apex's innovative approach and strategic partnerships signal a promising future in a rapidly evolving market. With this substantial infusion of capital, the company is poised to expand its operations and further its mission of supporting the global infrastructure of satellite communications.