Xona Space Systems - About the company
Xona Space Systems is a series A company based in Palo Alto (United States), founded in 2019 by , , , , , and . It operates as a Provider of satellite-based real-time positioning and navigation services. Xona Space Systems has raised $55M in funding from investors like Seraphim, 1517 Fund and Future Ventures. The company has 368 active competitors, including 17 funded and 16 that have exited. Its top competitors include companies like NextNav, Humatics and Topcon Positioning.
Company Details
Provider of satellite-based real-time positioning and navigation services. It provides users with a platform that uses LEO satellites for smart transportation and smart infrastructure industries. Its solution XPS aims to provide navigation for autonomous vehicles, UAVs, mobile robotics, and other location-critical applications.
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Key Metrics
Founded Year
2019
Location
Palo Alto, United States
Stage
Series A
Total Funding
in 6 rounds
Latest Funding Round
Investors
Ranked
2nd among
Employee Count
as on Dec 31, 2024
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Legal entities associated with Xona Space Systems
Xona Space Systems is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Dec 31, 1999 | - | 808 | 939 | |
Apr 21, 2019 | - | 458 | 949 |
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Xona Space Systems's funding and investors
Xona Space Systems has raised a total funding of $55M over 6 rounds. Its first funding round was on May 14, 2020. Its latest funding round was a Series A round on Apr 19, 2024 for $30.7M. 6 investors participated in its latest round, lead by Future Ventures and Seraphim.
Xona Space Systems has 25 institutional investors including Seraphim, 1517 Fund and Future Ventures. Ryan Johnson and 1 other are Angel Investors in Xona Space Systems.
Here is the list of recent funding rounds of Xona Space Systems:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Apr 19, 2024 | $30.7M | Series A | 7808918 | 5324890 | Future Ventures, Seraphim, and |
Aug 03, 2022 | Undisclosed | Series A | 7161981 | 7403744 | |
Apr 22, 2022 | $10M | Series A | 5586076 | 9212258 | - |
View details of Xona Space Systems's funding rounds and investors
Xona Space Systems's founders and board of directors
The founders of Xona Space Systems are , , , , , and . is the CEO of Xona Space Systems.
View details of Xona Space Systems's Founder profiles and Board Members
Xona Space Systems's Competitors and alternates
Top competitors of Xona Space Systems include NextNav, Humatics and Topcon Positioning. Here is the list of Top 10 competitors of Xona Space Systems, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | NextNav 2008, Sunnyvale (United States), Public | Provider of an indoor positioning solution for enterprises | $284M | Oak Investment Partners, Goldman SachsÌý&²¹³¾±è;Ìý | 69/100 |
2nd | 2019, Palo Alto (United States), Series A | Provider of satellite-based real-time positioning and navigation services | $55M | NGP Capital, Future VenturesÌý&²¹³¾±è;Ìý | 63/100 |
3rd | ![]() Humatics 2015, Boston (United States), Series B | Control systems for robots that would enable collaborative nature in robots | $83.2M | SVB, Presidio VenturesÌý&²¹³¾±è;Ìý | 59/100 |
4th | Topcon Positioning 1932, Livermore (United States), Unfunded | Manufacturer of precision positioning equipment and solutions | - | - | 54/100 |
5th | Advanced Navigation 2012, Sydney (Australia), Series B | Developer of AI and cloud-based inertial sensor systems for navigation | $101M | 53/100 | |
6th | Xirgo Global 2005, Camarillo (United States), Acquired | Provider of fleet management solutions | $23M | 50/100 | |
7th | ![]() TrustPoint 2020, Leesburg (United States), Seed | Provider of a GPS and AR-based geospatial data management platform for enterprises | $2M | 50/100 | |
8th | ![]() Ocean Signal 2008, Margate (United Kingdom), Unfunded | Provider of satellite and terrestrial emergency rescue beacons | - | - | 47/100 |
9th | Rx Networks 2002, Vancouver (Canada), Acquired | Provider of solutions for location tracking | $1.9M | BC Discovery Fund, TELUS VenturesÌý&²¹³¾±è;Ìý | 47/100 |
10th | ![]() Satelles 2008, Reston (United States), Acquired | Provider of satellite time and location technology solutions for various industries | $29.6M | , C5 CapitalÌý&²¹³¾±è;Ìý | 45/100 |
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Xona Space Systems's Investments and acquisitions
Xona Space Systems has made no investments or acquisitions yet.
Reports related to Xona Space Systems
Here is the latest report on Xona Space Systems's sector:
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News related to Xona Space Systems
Media has covered Xona Space Systems for a total of 13 events in the last 1 year, 4 of them have been about partnerships and 3 about company updates.
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Benzinga•Feb 25, 2025•Xona Space Systems,
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SpaceNews•Sep 29, 2024•Xona Space Systems
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