Here's your Forbes Daily Briefing for Thursday, August 14th.

Today on Forbes, Apex wants to bring Henry Ford-style mass production to satellites.

At Apex Technology's new brightly lit factory in Los Angeles, a monitor shows the vital signs and location of its first satellite as it orbits the Earth

every 90 minutes.

This stresses its undergoing as it passes from blazing sunlight to the cold of night illustrate

why making satellites is so hard and expensive.

This according to Apex's CEO and co-founder Ian Cinnamon.

Cinnamon, a fast-talking 33-year-old with a toothy grin, said,

quote, imagine your phone has to stay on for five years,

and every 45 minutes you're going to put it in the oven and then the freezer.

The satellite, named Aries after Cinnamon's Dog, was launched last year less than 12 months

after Apex started work on it, in what they claim is a record time for a small satellite

designed to be mass produced.

It's a first step toward their goal of bringing Henry Ford-style mass production to the satellite

industry.

Pass the monitor, in a clean room on the other side of a clear vinyl curtain, hernet-wearing technicians work on another Ares satellite,

which sits on a wheeled dolly at one of six stations on Apex's assembly line.

Cinnamon says it's the wave of the future in the satellite industry, where factories have

historically built a single spacecraft at a time.

With co-founder and CTO Max Benasi, a former lead engineer at SpaceX, he plans to produce

a dozen satellites a month at the factory.

Satellite manufacturing has long been a bespoke business, with each spacecraft

...