Xona raises $19M in Series A funding led by Future Ventures and Seraphim Space to deploy satellite network for precision navigation services.
Xona raises $19M in Series A funding led by Future Ventures and Seraphim Space to deploy satellite network for precision navigation services.
05/08/24, 1:24 PM
Location
san mateoMoney raised
$19 million
Industry
aerospace
Round Type
series a
Investors
Aloniq, Space Capital, Murata Electronics, Industrious Ventures, Ngp Capital, Seraphim Space, Steve Jurvetson's Future Ventures
Xona, a space tech startup, has raised an oversubscribed $19 million Series A funding round to accelerate the deployment of their low Earth orbit (LEO) satellite network for providing robust precision guidance for intelligent and autonomous technologies beyond highly structured environments.
Company Info
Location
san mateo, california, united states
Additional Info
Xona Space Systems is developing an independent high-performance satellite navigation and timing system to meet the needs of intelligent systems. Delivered via a secure, high-power signal from Xona's low Earth orbit satellites, the patent-pending PULSAR™ service aims to enable the next wave of automated technology. Learn more at www.xonaspace.com or follow Xona Space Systems on X @XonaSpace.