San Mateo-based start-up Xona Space Systems has raised a $1 million “pre-seed” round led by 1517, and consisting of involvement from Seraphim Capital, Trucks Venture Capital and Stellar Solutions. The company is focused on developing a Positioning, Navigation and Timing (PNT) satellite service that it thinks can supersede Global Navigation Satellite Systems (GNSS), providing huge advantages in terms of precision, precision and security.
Xona competes that GNSS, which is essentially the backbone of practically all global navigation software and services, is relatively imprecise, and open to prospective interruption from harmful attackers. It’s a technology that was transformational in its time, but it’s not up to the challenge of meeting the requirements of contemporary applications, including autonomous car transportation, drone fleets, automated ocean shipping and more.
The business is pursuing an ambitious objective: GNSS remains one of the most significant, broad and impactful space-based technologies ever to be established. Its effect appears daily, from customer applications like turn-by-turn navigation through mobile mapping apps, to industrial services like worldwide logistics platforms. Anyone who can establish a reputable next-generation option that improves and modernizes upon GNSS stands to get a lot.
Xona’s technique promises tenfold improvements in regards to accuracy vs. GNSS, and file encryption that can help provide a lot more security. The company has a patent pending on its ‘Pular’ branded PNT service, which will utilize low Earth orbit satellites (vs. higher orbit present GNSS networks) to provide its next-gen navigation tech.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.