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First operational regions for Xona's Pulsar by end of 2025
5
Resolution / Starting Odds
North America • 25%
Europe • 25%
Asia-Pacific • 25%
Global (more than two regions) • 25%
Official announcements from Xona Space Systems or international space agencies
Story
Former SpaceX Engineer's Xona Raises $19M for Pulsar GPS Alternative
May 8, 2024, 11:01 AM
Xona Space Systems, founded by a former SpaceX engineer, has successfully closed a $19 million Series A funding round to develop its Pulsar satellite network, an ultra-accurate GPS alternative. The funding round was led by Ventures Future and Seraphim Space, marking a significant milestone in the commercialization of space-based navigation. The company plans to deploy a constellation of small satellites closer to Earth, enhancing precision and power, and enabling indoor use with existing receivers. This initiative promises to rival traditional GPS systems by offering unprecedented navigational accuracy.
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Europe • 25%
Asia • 25%
Global (multiple regions simultaneously) • 25%
North America • 25%
Europe • 25%
Asia • 25%
Other regions • 25%
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ESA (European Space Agency) • 25%
Roscosmos (Russian Space Agency) • 25%
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Europe • 34%
Asia • 33%
North America • 33%
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Blue Origin • 25%
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Other • 25%
ESA (European Space Agency) • 25%
Roscosmos (Russia) • 25%
CNSA (China National Space Administration) • 25%
ISRO (Indian Space Research Organisation) • 25%