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Xona deploys first Pulsar satellite by end of 2024?
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Resolution / Starting Odds
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Official announcements from Xona Space Systems or verified space tracking sources
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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First successful orbital flight • 33%
First reuse of booster • 33%
First commercial launch • 33%
NASA • 25%
ESA • 25%
CSA • 25%
Roscosmos • 25%
Operational • 50%
Non-operational • 50%
Second test firing • 25%
First orbital test • 25%
Secures major partnership • 25%
Receives new funding • 25%