Xona Raises $92M to Rebuild Satellite Navigation for a New Era

New funding accelerates deployment of Pulsar, the next era of navigational intelligence in Low Earth Orbit

BURLINGAME, Calif., June 26, 2025 /PRNewswire/ -- Xona, the company rebuilding satellite navigation for the modern world, today announced $92M in new capital, bringing its total funding to $150M to date. This includes a Series B round led by Craft Ventures and other investors including Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, and NGP Capital. The company also received a $20M non-dilutive award from SpaceWERX, the innovation arm of the United States Space Force.

"GPS is one of the most important inventions of the modern world, but it was built for a different era," said Brian Manning, Co-Founder and CEO of Xona. "Our mission at Xona is to rebuild the foundations of navigation and timing to meet today's demands for accuracy, security, and resilience. With this funding, we're accelerating from R&D to delivery at scale."

Today's connected world relies on GPS for far more than navigation, underpinning everything from ride-sharing and delivery services to aviation safety, precision agriculture, energy grid synchronization, and the global financial markets.

Xona's Pulsar constellation is designed to deliver satellite navigation that is dramatically more accurate, secure, and available than today's systems. Pulsar satellites in Low Earth Orbit provide:

• 100x signal strength to deliver coverage in GPS-challenged environments, including under dense foliage and inside buildings.
• Centimeter-level precision to enable mass adoption of autonomy and robotics.
• Encrypted, authenticated signals that are resilient to spoofing and interference.

The company recently launched Pulsar-0, its first production-class satellite, marking a key milestone in building a full constellation of hundreds of satellites that will provide commercial navigation services worldwide.

"Navigation and timing are invisible infrastructure—critical to everything from aviation and shipping to agriculture, finance, and autonomous systems," Manning added. "As we scale, we're building a new layer of infrastructure to power the next generation of progress."

Xona's funding will support the continued development and deployment of the Pulsar constellation, expansion of manufacturing capacity, and growth of its team across engineering, operations, customer success, and go-to-market functions.

About Xona

Xona is building the next generation of satellite navigation with Pulsar, the world's first commercial navigation service in Low Earth Orbit. Designed to meet the demands of modern applications, Pulsar delivers unmatched accuracy, availability, and security. Learn more at www.xonaspace.com.

SOURCE Xona Space Systems