Xona Secures $250M Series D to Disrupt Global PNT Dominance
Xona Space Systems has raised $250M to scale its Pulsar constellation, a commercial high-precision GPS alternative designed to counter jamming and spoofing with 100x signal strength.
Hardened PNT Infrastructure
Xona Space Systems has announced a $250M Series D funding round to accelerate the deployment of Pulsar, its commercial positioning, navigation, and timing (PNT) constellation. According to Payload, the round was led by Steve Jurvetson of Future Ventures and values the startup at $2.45B. This brings Xona’s total capital raised to over $570M since 2019.
The Pulsar Capability
The objective is a 258-satellite LEO constellation intended as a resilient alternative to government-operated GPS. Xona claims Pulsar will deliver centimeter-level precision and signals 100x more powerful than legacy systems, enabling indoor reception and high resistance to electronic warfare.
Recent disruptions in the Strait of Hormuz, affecting over 2,000 vessels, have highlighted the vulnerability of current PNT infrastructure. Xona CEO Brian Manning noted that this increase in jamming and spoofing has driven significant interest from both commercial robotics firms and military sectors. The company expects to begin U.S. military integration testing across the Army, Navy, and Air Force next year.
Scaling Production
Following a recent $10.7M grant from Canada to expand Montreal operations, Xona successfully launched six satellites on a SpaceX Bandwagon-5 mission. These include four units built with Aerospacelab and two in-house designs. The company’s new Burlingame facility, overseen by COO Patrick Cadariu, aims for a production rate of 50 satellites annually by 2027. Full commercial service is projected for that same year, with early timing services launching in 2026.