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We have seen many proposals but invested in just one space company per decade Today, XONA announced our third, where we co-led the Series A. By flying a larger constellation closer to Earth, XONA is more precise and powerful, even working indoors with existing receivers. 🛰… https://t.co/pMsZ1RKxmb
💸🚀🛰️💸Former SpaceX engineer’s Xona Space cements $19M to develop small satellites for precise navigation. https://t.co/i9HYwtJHS3 @XonaSpace @VenturesVc @seraphim_space @ngpcapital @CargosTribe @MurataEurope @AloniqVC #funding #news #spacetech #Startups #US https://t.co/ynuUbqVlFJ
$450M for Noname, two billion-dollar rounds, and good news for crypto startups: https://t.co/14Gh8c4Ybe by TechCrunch #infosec #cybersecurity #technology #news
Xona Space Systems, founded by a former SpaceX engineer, has successfully closed a $19 million Series A funding round to develop its Pulsar satellite network, an ultra-accurate GPS alternative. The funding round was led by Ventures Future and Seraphim Space, marking a significant milestone in the commercialization of space-based navigation. The company plans to deploy a constellation of small satellites closer to Earth, enhancing precision and power, and enabling indoor use with existing receivers. This initiative promises to rival traditional GPS systems by offering unprecedented navigational accuracy.
