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In this episode, I talk to Ian Cinnamon. Ian is the co-founder of Apex Space. Ian, along with his other co-founder Max Benassi, started Apex to build productized satellite buses. In an industry where satellite development often takes years, sometimes decades, Apex is focusing on creating standardized satellite buses that aim to envelope the growing needs of this industry. In this episode, Ian and I explore the need for productizing satellites as well as Apex’s first successful mission, Aries. Apex operates out of their 50,000 sqft Factory One facility in Los Angeles, California, which we got to visit, thanks to Ian. I hope you enjoy this episode. And as always, if you like the episode, make sure you like the episode and subscribe to the show to follow along Key timestamps for the episodes are as follows: 00:00:00 - Introductions 00:04:11 - Why productize satellites? 00:09:32 -The unit economics of satellites 00:12:59 - Apex's Series B round and challenges with scale 00:17:57 - Challenges with Standardization 00:20:41 - Insights on the risks of underestimating the complexity of spacecraft manufacturing at scale. 00:24:29 - E-commerce models for buying satellites 00:29:52 - The importance of being first to market versus strategic product development. 00:32:00 - Reflections on the slow adoption of e-commerce in the satellite industry. 00:36:03 - Contrarian bets in the Aerospace industry 00:38:14 - What about cat lovers!? 🔗 Apex Space: https://www.apexspace.com/ 🐥 Ian's socials: https://x.com/IanCinnamon 🐥 My socials: https://x.com/IanCinnamon If you'd like to sponsor the show, get in touch with us at [email protected] #startup #space #spacetechnology #satellites #startups