Xona’s constellation of smallsats aim to provide secure navigation and timing services with the resilience and accuracy needed to enable modern devices to operate safely in any conditions. (Credit: Xona Space Systems)
Californian startup Xona Space Systems has raised $8 million to fully fund an orbital demonstration next year of its navigation payload, which aims to provide an alternative to GPS and other global navigation satellite systems.
Early-stage investor MaC Venture Capital and Seraphim Space Investment Trust, a fund that was recently listed on the London Stock Exchange, led the funding round.
Xona Space Systems fully funds GPS-alternative demo mission – SpaceNews
