Xona Space Systems completed $92 million Series B Round funding
Sector:
Space & Aviation
Xona Space Systems
completed $92 million Series B Round funding. Investors include
Craft Ventures (lead), Stellar Ventures, Seraphim Space, Toyota Ventures, First Spark Ventures, Industrious Ventures, Future Ventures, NGP Capital.

Xona’s founding team at their headquarters in Burlingame, CA
Today's connected world relies on GPS for far more than navigation, underpinning everything from ride-sharing and delivery services to aviation safety, precision agriculture, energy grid synchronization, and the global financial markets. "GPS is one of the most important inventions of the modern world, but it was built for a different era," said Brian Manning, Co-Founder and CEO of Xona. "Our mission at Xona is to rebuild the foundations of navigation and timing to meet today's demands for accuracy, security, and resilience. With this funding, we're accelerating from R&D to delivery at scale."
About
Xona is building the next generation of satellite navigation with Pulsar, the world's first commercial navigation service in Low Earth Orbit. Designed to meet the demands of modern applications, Pulsar delivers unmatched accuracy, availability, and security.
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