Xona, a Burlingame, CA-based firm which makes a speciality of firm satellite tv for pc navigation, raised $92M in funding.
The spherical was led by Craft Ventures and different buyers together with Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, and NGP Capital.
The corporate intends to make use of the fund to increase operations and its growth efforts.
Led by CEO Brian Manning, Xona makes a speciality of satellite tv for pc navigation and develops Pulsar, a business navigation service in low earth orbit, which supplies:
- Encrypted, authenticated indicators which can be resilient to spoofing and interference.
- sign power to ship protection in GPS-challenged environments, together with beneath dense foliage and inside buildings.
- Centimeter-level precision to allow mass adoption of autonomy and robotics.
The corporate additionally obtained a $20M non-dilutive award from SpaceWERX, the innovation arm of america Area Pressure.
FinSMEs
27/06/2025
