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Aerospace, Maritime and Defense Tech Series C Founded 2019

Xona Space Systems

Xona Space Systems is a navigation infrastructure company building a Low Earth Orbit satellite constellation called Pulsar that delivers centimeter-level positioning, navigation, and timing (PNT) services. The system broadcasts an entirely new signal compatible with existing GPS devices through a software update, offering stronger signal strength, native user accuracy, and faster authentication than legacy GPS.…

📍 Burlingame, United States · Space Tech,

Funding snapshot

Last roundSeries C
Amount$170M
Date24 March 2026
Total raised$320M
Team size142

About

Xona Space Systems is a navigation infrastructure company building a Low Earth Orbit satellite constellation called Pulsar that delivers centimeter-level positioning, navigation, and timing (PNT) services. The system broadcasts an entirely new signal compatible with existing GPS devices through a software update, offering stronger signal strength, native user accuracy, and faster authentication than legacy GPS. Pulsar consists of 258 small satellites at 1,080 km altitude, serving applications across defense, agriculture, telecom, transportation, maritime, aviation, financial systems, construction, mining, and autonomous robotics. Xona has launched Pulsar-0, its first commercially funded navigation satellite, and offers the Pulsar Verified program for receiver and chipset integration. Founded in 2019 and headquartered in Burlingame, California, Xona has raised $320 million at the Series C stage from investors including NGP Capital, Lockheed Martin, Toyota Ventures, Future Ventures, Seraphim, Space Capital, 1517 Fund, Murata, and MaC Venture Capital.

Business model

Geographic Information Systems > Positioning & Navigation > Positioning > Outdoor > GNSS,

Security & Surveillance Technology > Location Tracking > Horizontal,

Space Tech > Space Services > Navigation,

Connected Vehicles > V2X Solutions

Team background

College Wise > McGill University, London Business School (LBS), Stanford Business School, Stanford University

Institutional investors

1517 Fund Trucks Venture Capital Seraphim Stellar Solutions Capital Innovators Missouri Technology Future Ventures NGP Capital Industrious Ventures Space Capital Aloniq Murata MaC Venture Capital Toyota Ventures Lockheed Martin

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