SpaceThe Next Webabout 1 hour ago
Xona Raises $250M for GPS Rival
2 min read
California startup Xona raised $250 million at a $2.45 billion valuation to build a satellite navigation network rivaling GPS. The Series D round, led by Future Ventures, occurs seven months after a $170 million Series C, pushing total funding past $570 million since 2019. Xona launched six Pulsar satellites this month, with beta service starting early 2027.
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