Xona Space Systems

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Xona raises $250 million to build commercial alternative to GPS

Deploying its first commercial Pulsar satellites; beta service due in early 2027

Xona Space Systems raised $250 million on October 22 to build a privately owned alternative to GPS. The Series D, led by Steve Jurvetson's Future Ventures, values the Burlingame, California startup at $2.45 billion and brings total funding past $570 million.

Updated Oct 24