San Mateo-based startup Xona Space Systems has raised a $1 million “pre-seed” spherical led by 1517, and together with participation from Seraphim Capital, Trucks Venture Capital and Stellar Solutions. The firm is targeted on growing a Positioning, Navigation and Timing (PNT) satellite tv for pc service that it believes can supersede Global Navigation Satellite Systems (GNSS), offering huge advantages when it comes to safety, precision and accuracy.
Xona contends that GNSS, which is actually the spine of virtually all international navigation software program and companies, is comparatively imprecise, and open to potential disruption from malicious attackers. It’s a know-how that was transformational in its time, however it’s less than the problem of assembly the necessities of recent functions, together with autonomous car transportation, drone fleets, automated ocean transport and extra.
The firm is pursuing an bold objective: GNSS stays some of the vital, broad and impactful space-based applied sciences ever to be developed. Its influence is obvious each day, from client functions like turn-by-turn navigation by way of cell mapping apps, to industrial companies like international logistics platforms. Anyone who can develop a reputable next-generation various that modernizes and improves upon GNSS stands to realize rather a lot.
Xona’s method guarantees tenfold enhancements when it comes to accuracy vs. GNSS, and encryption that may assist present far more safety. The firm has a patent pending on its ‘Pular’ branded PNT service, which can make use of low Earth orbit satellites (vs. larger orbit present GNSS networks) to offer its next-gen navigation tech.