Xona Space Systems has raised $170 million in a Series C funding round to accelerate the deployment of its low Earth orbit satellite constellation aimed at providing a commercial alternative to traditional GPS systems.
The round was led by Mohari Ventures Natural Capital, with participation from Craft Ventures, ICONIQ, Woven Capital, NGP Capital, Samsung Next, and Hexagon, among other new and existing investors.
The company plans to use the funding to scale manufacturing at its Burlingame, California, facility and accelerate deployment of its Pulsar satellite constellation. The system is designed to deliver high-precision positioning, navigation, and timing services with stronger signals and built-in protection against jamming and spoofing, while remaining compatible with existing GPS devices.
Xona’s Pulsar network operates in low Earth orbit, enabling significantly stronger signals and improved accuracy compared to legacy global navigation satellite systems. The company says early service availability is expected around 2027, with initial applications spanning critical infrastructure, agriculture, construction, IoT, and autonomous systems.
The funding comes as concerns grow around vulnerabilities in traditional GPS infrastructure, including susceptibility to interference and delays in modernization efforts. Xona is positioning its commercial approach as a faster and more scalable alternative, with plans to manufacture and deploy its full constellation of satellites within a few years.
The company is also expanding internationally, including operations in Montreal and London, and building partnerships across Asia-Pacific to support global adoption of its navigation technology.
KEY QUOTES:
“GPS has been foundational to modern life, but it was designed for a different era. Every 30 years brings a fundamental shift in how we interact with the real world, and we’re squarely in the era of physical AI, precision agriculture, next-generation defense capabilities, and more. Those technologies are here today, and the world needs navigation infrastructure that can actually deliver the precision and resilience these applications demand. This funding validates that the market is ready, the demand exists, and Xona is ready to deliver.”
Brian Manning, Co-founder and CEO of Xona Space Systems
“GPS was designed 50 years ago, and the world has outgrown it. Signals are weak, unencrypted, easily jammed. American farmers literally use Russian and Chinese satellites because GPS isn’t enough. Xona’s Pulsar satellites fly 20 times closer to Earth and deliver signals 100 times stronger, bringing centimeter accuracy with no new hardware required. The problem is urgent, and they’ve proven they can execute at the speed and scale this moment demands.”
Jay Zaveri, Founder and Partner at Natural Capital and Strategic Partner to Mohari Ventures
“Industries that rely on positioning technology are pushing far beyond what legacy GNSS systems were designed to support. From automated construction equipment to precision agriculture, the next wave of automation depends on resilient centimeter-level positioning everywhere work happens. Pulsar’s stronger signals and advanced signal architecture will unlock new levels of reliability in challenging environments, and we’re excited to work with Xona to bring those capabilities to our customers.”
Gordon Dale, President, Autonomous Solutions at Hexagon
