BURLINGAME, CA, Xona, the company rebuilding satellite navigation for the modern world, today announced $92 million in new capital, bringing its total funding to $150 million to date.
This includes a Series B round led by Craft Ventures and other investors including Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, and NGP Capital. The company also received a $20M non-dilutive award from SpaceWERX, the innovation arm of the United States Space Force.
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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