Collaboration Leverages Apex’s ‘Factory X’ Model to Accelerate Elveo’s D2D Time to Market
WASHINGTON, Sept. 14, 2026 /PRNewswire/ — Elveo Mobile, the company that delivers mobile connectivity and elevated intelligence for a planet on the move, and Apex, The Spacecraft Platform Company, today announced a partnership to establish a dedicated spacecraft factory that will scale the global supply chain for the Elveo-designed direct-to-device (D2D) constellation. The partnership enables Elveo to leverage Apex’s Factory X model to rapidly stand up its first satellite production facility in the U.S. and build the technical expertise needed to manufacture globally at scale.
As a vertically integrated partner, Apex will bring proven spacecraft platforms and expertise in high-rate production to equip Elveo with the capabilities it needs to operationalize its own production facility. Elveo will use this blueprint to expand its manufacturing facilities into Europe and Asia with regional partners, building a truly global supply chain for its low-Earth orbit (LEO) network.
“As a leading manufacturer of next-generation spacecraft, Apex is helping us establish vertically integrated production and scale our supply chain, giving us an innovative and capital-efficient path to build our fleet,” said Ramu Potarazu, Chief Executive Officer, Elveo. “This partnership not only puts us in control of our own development destiny and cost structure but also allows us to create high-tech economic opportunities internationally with partners.”
“Working with Elveo is a perfect example of how Apex’s model can help accelerate proliferated LEO constellation deployments,” said Ian Cinnamon, Co-Founder and Chief Executive Officer, Apex. “By partnering to stand up a dedicated production facility, we’re leveraging Apex’s deep expertise in mass manufacturing spacecraft platforms to deploy Elveo’s constellation years ahead of traditional bus supplier timelines.”
Elveo’s network will feature patented satellite technology, compliant with 3GPP non-terrestrial networks (NTN) standards. Elveo’s payload includes advanced on-board processing and networking, enabling the network to rapidly adapt, iterate, and grow to meet mobile network operators’ (MNOs) evolving needs.
About Elveo
Elveo is the premier non-terrestrial mobile connectivity company, delivering elevated intelligence for a planet on the move. Elveo offers reliable, next-generation connectivity directly from satellites to smartphones, IoT devices and machines worldwide. Elveo is a globally inclusive company that offers mobile network operators and partners a resilient, always-on next-generation network to connect their customers across enterprise, government and humanitarian sectors. For more information, visit elveo.com.
About Apex
Apex, The Spacecraft Platform Company, is the leading manufacturer of productized, configurable satellite platforms for commercial and national security missions. Founded in 2022 by Ian Cinnamon and Max Benassi, Apex mass-manufactures standardized spacecraft that deliver the reliability, scale, and economics that today’s proliferated constellations require.
Apex platforms are operational in orbit today, with serial production ramping to 200 buses per year at Apex’s high-rate manufacturing facility in Los Angeles, California. Tier 1 U.S. primes and commercial operators worldwide have selected the company’s Aries, Nova, and Comet product lines to support critical missions, from next-generation commercial constellations to resilient national security architectures.
Media contacts
Elveo, Marie Knowles, [email protected]
Apex, Neil Presicci, [email protected]
SOURCE Elveo Mobile
