AI & Tech
Apex CEO says a customer put $5,000 deposit on $3.5m satellite
The Way I Heard It with Mike Rowe
Why Should I Care About Satellites? | Ian Cinnamon #499 | The Way I Heard It
What was said
""I have had a customer come to our office, take a credit card, and literally put a $5,000 deposit on a $3.5 million satellite.""
Ian Cinnamon says Apex posts satellite prices online and removes bespoke “cost-plus” negotiation, arguing it changes incentives in an industry he says has historically profited from custom one-offs. He claims at least one customer placed a small credit-card deposit towards a multi-million-dollar satellite purchase, as part of a more standardised sales model.
Verification status
Attributed speaker claim
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Source and context
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- Programme
- The Way I Heard It with Mike Rowe
- Episode
- Why Should I Care About Satellites? | Ian Cinnamon #499 | The Way I Heard It
- Clip time
- 23:54
- Original source
- Watch the source segment →
From this episode
The Way I Heard It with Mike Rowe