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9 Articles
Xona raises $250M at a $2.45B valuation to take on GPS
Xona, a California startup building a satellite navigation network in low Earth orbit, has raised $250 million at a $2.45 billion valuation. Steve Jurvetson’s Future Ventures led the Series D, Xona said on Thursday. The round comes seven months after a $170 million Series C. It takes Xona’s total funding since 2019 past $570 million. […] This story continues at The Next Web
The dependence on GPS is already a risk of critical infrastructure, and Xona, the alternative startup to GPS, closes a D Series of 250 million that values it at 2.450 million: the capital pays back basic layers. 250 million in seven months: the numbers behind the valuation Let's go to numbers. The Californian satellite startup Xona has raised 250 million dollars (223.18 million euros) in a Series D round that raises its valuation to 2,450 millio…
Xona raised $250 million with a valuation of $2.450 million to expand Pulsar, its private satellite navigation network designed to operate alongside GPS. The company announced that it plans to launch six satellites in October and expects to launch a beta service in several countries in early 2027.
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