Xona Space is Accelerating Pulsar's Path to Scale with $170M in Series C

Xona Space, unlocking the potential of tomorrow’s technologies by providing the most robust and accurate navigation and timing services on Earth, led by Brian Manning, Tyler Reid, Jay Wakenshaw, Christina Youn, Adrien Perkins, and Allison Hampel, has raised a $170 million Series C round led by Mohari Ventures Natural Capital with additional support from Craft Ventures, ICONIQ, Woven Capital, NGP Capital, Samsung Next, Hexagon, and other new and existing investors.

For decades, GPS has served as a foundational layer of global infrastructure, powering aviation, shipping, agriculture, telecommunications, finance, and emergency response. Yet it was built for a different era.

The next generation of physical systems, autonomous machines, robotics, precision agriculture, resilient infrastructure, and advanced defense, demands far greater precision and reliability than legacy navigation systems were designed to provide.

From Proof to Infrastructure

Pulsar has moved from concept to real-world capability, demonstrating a new navigation system in Low Earth Orbit (LEO) with signals that are stronger, more secure, and compatible with existing devices.

The company has achieved several milestones: launching the first private navigation satellite, securing the first commercial FCC license for navigation signals, and transmitting the most powerful signals from orbit without interfering with existing systems. In 2025, it also broadcast the first fully authenticated satellite navigation signal, reaching record positioning accuracy.

Pulsar works with today’s hardware, often requiring only a software update, and is already being tested by multiple commercial partners across industries like agriculture, construction, telecom, and defense.

With proof established, the focus is now scaling. A new manufacturing facility in Burlingame will produce spacecraft for a planned 258-satellite constellation, aiming to deliver global coverage. The first U.S.-built satellites are set to launch soon, marking the transition from demonstration to full-scale infrastructure.

Why This Moment Matters

Positioning, navigation, and timing (PNT) systems are foundational, but fragile. GPS signals can be jammed or spoofed, and disruptions are already impacting shipping, infrastructure, and global supply chains.

At the same time, nations are accelerating investment in next-generation LEO-based navigation systems. The infrastructure underpinning the global economy is entering a new phase, where resilience, security, and precision are critical.

The shift is inevitable. The defining question is who builds and controls the next generation of navigation infrastructure.

Building the Next Layer of Global Infrastructure

Xona Space Systems aims to deliver precise, resilient positioning, navigation, and timing (PNT) to every device on Earth through its Pulsar system. The goal: centimeter-level accuracy, stronger signals that work in challenging environments, and built-in protection against jamming and interference.

Built for the next era of physical intelligence, the system is designed to scale alongside advancements in robotics, autonomous systems, and critical infrastructure. Xona is developing this network with global partners, from timing authorities in the UK to receiver manufacturers across Europe and Asia, while expanding its team in Montreal and the Bay Area.

With new funding, the company is accelerating deployment and manufacturing to bring this infrastructure to scale. Like railroads, electricity, and the internet before it, the next technological era will be defined by the infrastructure it builds.