Xona Receives Investment to Develop Commercial Satellite Navigation Network

Xona Receives Investment to Develop Commercial Satellite Navigation Network

Xona Space Systems, a pioneer in navigation technologies from Low Earth Orbit (LEO), has announced that they have raised an oversubscribed financing round to accelerate the development of their high-performance commercial satellite navigation network, bringing their total funding to over $25M.

The round was led by First Spark Ventures who is joined by numerous new investors including Lockheed Martin Ventures, SRI Ventures (of SRI International), Velvet Sea Ventures, Gaingels, Airstream Venture Partners, and Space.VC. Existing investors also continue to show firm conviction in Xona's accomplishments and market opportunity with participation from Seraphim Space, Toyota Ventures, 1517 Fund, MaC Venture Capital, and Stellar Ventures.

Xona is focused on the development of Pulsar – a Low Earth Orbit (LEO) satellite navigation system designed to provide resilient and trusted centimeter-level position anywhere on the globe. Within the past year Xona more than doubled their full-time headcount, launched their first orbital mission, and signed agreements with major players across the GPS/GNSS ecosystem such as Hexagon | NovAtel and Spirent Federal.

"What the team has been able to accomplish in the past year is awe inspiring," said Xona CEO Brian Manning. "The massive domain expertise of our supporters in everything from scaling global companies to deep technical knowledge of GNSS is both a validation of our team's capabilities as well as a catalyst that has been instrumental to our growth and speed."

The new capital will accelerate the development of Pulsar through several critical design milestones by expanding the team and building out Xona's new R&D and manufacturing facility in Burlingame, CA to enable more rapid design cycles and prepare for production. Xona's first demonstration mission, Huginn, was successfully launched in May 2022, and their second mission, Muninn, is planned to launch in 2023.

"Xona's approach to GNSS is poised to enable a whole new class of robust & reliable solutions in everything from automotive to drones," said Manish Kothari, Managing Director of First Spark. "This is a technically challenging problem - a problem which the Xona team is uniquely qualified and experienced to address. We are very excited to be part of this journey with them."

Xona's core mission is to enable modern technology to operate safely in any environment, anywhere on Earth. To achieve this in industries such as automotive autonomy, drones, and aerial mobility, precise knowledge of location and time is critical, and it must be robust against sources of potential interference or degradation. This is driving a need for global infrastructure that can support the demands of these applications as they continue to expand in both capability and geography.

"As customer needs evolve, Lockheed Martin Ventures continues to work with companies we believe are on the forefront of emerging technology and that support increasingly resilient, hybrid systems," said Chris Moran, VP and General Manager of Lockheed Martin Ventures. "We invested in Xona so they can continue to develop and build their commercial system to complement the greater Global Navigation Satellite System (GNSS) architecture."

Xona has been making rapid progress towards launching their commercial GNSS alternative. In less than a year the company has successfully tested the core technology for Pulsar in both simulation and hardware, designed, built, and flown the world's first ever privately funded satellite navigation mission, and grown to over 30 employees, all for under $10 million.

"The world would look very different today without GPS," said Xona CTO Dr. Tyler Reid. "The ubiquitous robust precision that Pulsar can provide has potential to make the same level of global impact, not only in present and emerging markets, but we believe this global high precision can also enable entirely new devices and apps that we haven't even thought of yet."

Click here to learn more about the Pulsar satellite system from Xona.

Publisher: SatNow
Tags:-  SatelliteGNSSLEOLaunch

GNSS Constellations - A list of all GNSS satellites by constellations


Satellite NameOrbit Date
BeiDou-3 G4Geostationary Orbit (GEO)17 May, 2023
BeiDou-3 G2Geostationary Orbit (GEO)09 Mar, 2020
Compass-IGSO7Inclined Geosynchronous Orbit (IGSO)09 Feb, 2020
BeiDou-3 M19Medium Earth Orbit (MEO)16 Dec, 2019
BeiDou-3 M20Medium Earth Orbit (MEO)16 Dec, 2019
BeiDou-3 M21Medium Earth Orbit (MEO)23 Nov, 2019
BeiDou-3 M22Medium Earth Orbit (MEO)23 Nov, 2019
BeiDou-3 I3Inclined Geosynchronous Orbit (IGSO)04 Nov, 2019
BeiDou-3 M23Medium Earth Orbit (MEO)22 Sep, 2019
BeiDou-3 M24Medium Earth Orbit (MEO)22 Sep, 2019


Satellite NameOrbit Date
GSAT0223MEO - Near-Circular05 Dec, 2021
GSAT0224MEO - Near-Circular05 Dec, 2021
GSAT0219MEO - Near-Circular25 Jul, 2018
GSAT0220MEO - Near-Circular25 Jul, 2018
GSAT0221MEO - Near-Circular25 Jul, 2018
GSAT0222MEO - Near-Circular25 Jul, 2018
GSAT0215MEO - Near-Circular12 Dec, 2017
GSAT0216MEO - Near-Circular12 Dec, 2017
GSAT0217MEO - Near-Circular12 Dec, 2017
GSAT0218MEO - Near-Circular12 Dec, 2017


Satellite NameOrbit Date
Kosmos 2569--07 Aug, 2023
Kosmos 2564--28 Nov, 2022
Kosmos 2559--10 Oct, 2022
Kosmos 2557--07 Jul, 2022
Kosmos 2547--25 Oct, 2020
Kosmos 2545--16 Mar, 2020
Kosmos 2544--11 Dec, 2019
Kosmos 2534--27 May, 2019
Kosmos 2529--03 Nov, 2018
Kosmos 2527--16 Jun, 2018


Satellite NameOrbit Date
Navstar 82Medium Earth Orbit19 Jan, 2023
Navstar 81Medium Earth Orbit17 Jun, 2021
Navstar 78Medium Earth Orbit22 Aug, 2019
Navstar 77Medium Earth Orbit23 Dec, 2018
Navstar 76Medium Earth Orbit05 Feb, 2016
Navstar 75Medium Earth Orbit31 Oct, 2015
Navstar 74Medium Earth Orbit15 Jul, 2015
Navstar 73Medium Earth Orbit25 Mar, 2015
Navstar 72Medium Earth Orbit29 Oct, 2014
Navstar 71Medium Earth Orbit02 Aug, 2014


Satellite NameOrbit Date
NVS-01Geostationary Orbit (GEO)29 May, 2023
IRNSS-1IInclined Geosynchronous Orbit (IGSO)12 Apr, 2018
IRNSS-1HSub Geosynchronous Transfer Orbit (Sub-GTO)31 Aug, 2017
IRNSS-1GGeostationary Orbit (GEO)28 Apr, 2016
IRNSS-1FGeostationary Orbit (GEO)10 Mar, 2016
IRNSS-1EGeosynchronous Orbit (IGSO)20 Jan, 2016
IRNSS-1DInclined Geosynchronous Orbit (IGSO)28 Mar, 2015
IRNSS-1CGeostationary Orbit (GEO)16 Oct, 2014
IRNSS-1BInclined Geosynchronous Orbit (IGSO)04 Apr, 2014
IRNSS-1AInclined Geosynchronous Orbit (IGSO)01 Jul, 2013