--- title: Xona raises $250M at a $2.45B valuation to build a rival... description: Xona has raised $250 million in a Series D round at a $2.45 billion valuation to build Pulsar, a satellite navigation network meant to run alongside GPS.... canonical: https://daily.dev/posts/xona-raises-250m-at-a-2-45b-valuation-to-build-a-rival-to-gps-5etmwaopy twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Xona raises $250M at a $2.45B valuation to build a rival to GPS | daily.dev og:description: Xona has raised $250 million in a Series D round at a $2.45 billion valuation to build Pulsar, a satellite navigation network meant to run alongside GPS.... og:url: https://daily.dev/posts/xona-raises-250m-at-a-2-45b-valuation-to-build-a-rival-to-gps-5etmwaopy og:image: https://api.daily.dev/og/posts/5ETmwaOpy.png og:image:alt: Xona raises $250M at a $2.45B valuation to build a rival to GPS og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Xona raises $250M at a $2.45B valuation to build a rival to GPS **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary Xona has raised $250 million in a Series D round at a $2.45 billion valuation to build Pulsar, a satellite navigation network meant to run alongside GPS. Future Ventures put in $78.5 million. The round follows a $170 million Series C seven months earlier, bringing total funding since 2019 past $570 million. Xona says Pulsar's signals are up to 100 times more powerful than GPS, accurate to the centimetre, and resist jamming. The FCC authorized Xona's constellation in August, which the company calls the first such licence for a private navigation network. This month Xona launched six Pulsar satellites, with beta service planned for several countries starting early 2027. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much funding has Xona raised to build its satellite GPS alternative? Xona has raised a total of over $570 million since 2019, including a $250 million Series D at a $2.45 billion valuation and a $170 million Series C just seven months earlier. Future Ventures, led by Steve Jurvetson, contributed $78.5 million to the Series D round. _Investors tracking satellite navigation and space-tech funding rounds follow deals like this on daily.dev._ ### How accurate is Xona's Pulsar satellite navigation signal compared to GPS? Xona's Pulsar network has demonstrated accuracy better than two centimeters across more than 500 transmissions from its test satellite, Pulsar-0. The company says Pulsar's signals are up to 100 times more powerful than GPS, resist jamming, can reach receivers indoors, and work with existing commercial receivers without hardware changes. _Engineers evaluating positioning technology alternatives to GPS can follow developments like this on daily.dev._ ### When will Xona's Pulsar satellite navigation service become available? Beta service is planned to begin in several countries starting early 2027, following a launch of six Pulsar satellites, Xona's largest launch so far. Four of the satellites will support the beta rollout, while two were designed and built entirely in-house at Xona's Burlingame, California factory to test the design for full-scale production. _Teams planning around emerging GPS alternatives can track rollout timelines like this on daily.dev._ ## Similar posts on daily.dev - [This Khosla-based startup can track drones, trucks, and robotaxis, inch by inch](https://daily.dev/posts/this-khosla-based-startup-can-track-drones-trucks-and-robotaxis-inch-by-inch-b0hyt2dzd) · TechCrunch · 0 upvotes · 0 comments - [Dirac Labs Raises $1.8M for Quantum Navigation Sensors](https://daily.dev/posts/dirac-labs-raises-1-8m-for-quantum-navigation-sensors-xf1pmmj8b) · The Quantum Insider · 0 upvotes · 0 comments - [Planet Labs launches three more Pelican satellites as $900M backlog and defence contracts drive first profitable year](https://daily.dev/posts/planet-labs-launches-three-more-pelican-satellites-as-900m-backlog-and-defence-contracts-drive-firs-6lcfgcwgm) · The Next Web · 0 upvotes · 0 comments - [Qualinx Integrates Galileo OSNMA into GNSS Receiver](https://daily.dev/posts/qualinx-integrates-galileo-osnma-into-gnss-receiver-78p9k4zdp) · Embedded.com · 0 upvotes · 0 comments - [Investors commit quarter-billion dollars to startup designing “Giga” satellites](https://daily.dev/posts/investors-commit-quarter-billion-dollars-to-startup-designing-giga-satellites-1zxolakue) · Ars Technica · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#spacex](https://daily.dev/tags/spacex) [View this post on daily.dev](https://daily.dev/posts/xona-raises-250m-at-a-2-45b-valuation-to-build-a-rival-to-gps-5etmwaopy) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Xona raises $250M at a $2.45B valuation to build a rival to GPS","url":"https://daily.dev/posts/xona-raises-250m-at-a-2-45b-valuation-to-build-a-rival-to-gps-5etmwaopy","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/xona-raises-250m-at-a-2-45b-valuation-to-build-a-rival-to-gps-5etmwaopy"},"datePublished":"2026-10-22T13:49:56.353Z","dateModified":"2026-10-22T13:51:33.174Z","description":"Xona has raised $250 million in a Series D round at a $2.45 billion valuation to build Pulsar, a satellite navigation network meant to run alongside GPS....","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/b91990ab5f4f69420f9da947564214c1?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/b91990ab5f4f69420f9da947564214c1?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/xona-raises-250m-at-a-2-45b-valuation-to-build-a-rival-to-gps-5etmwaopy","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"startup,spacex","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Xona raises $250M at a $2.45B valuation to build a rival to GPS"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/xona-raises-250m-at-a-2-45b-valuation-to-build-a-rival-to-gps-5etmwaopy#faq","mainEntity":[{"@type":"Question","name":"How much funding has Xona raised to build its satellite GPS alternative?","acceptedAnswer":{"@type":"Answer","text":"Xona has raised a total of over $570 million since 2019, including a $250 million Series D at a $2.45 billion valuation and a $170 million Series C just seven months earlier. 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