Xona Area Systems raises $1 million to enhance satellite-based navigation services

Xona Area Systems raises $1 million to enhance satellite-based navigation services

San Mateo-based startup Xona Area Systems has actually raised a $1 million “pre-seed” round led by 1517, and consisting of participation from Seraphim Capital, Trucks Venture Capital and Stellar Solutions. The company is focused on establishing a Positioning, Navigation and Timing (PNT) satellite service that it believes can supersede Worldwide Navigation Satellite Systems (GNSS), providing huge benefits […]…