Xona Space Systems

Reviewed active Updated Sep 2, 2026

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Location San Mateo, CA
Founded 2019
Latest Stage Series C
Total Raised $170M+
Website https://xonaspace.com
Sector
space defense

Investors

Maryanna Saenko Series A (lead) (2024)
Steve Jurvetson Early (2024)
Michael Gibson Seed (2020)
Future Ventures Series A (lead) (2024)
Craft Ventures series-b (2025)
toyota-ventures series-b (2025)
seraphim-space series-b (2025)
ngp-capital series-b (2025)
Future Ventures series-b (2025)
1517 Fund Seed (2020)
Trucks Venture Capital

Founders

Brian Manning Co-Founder & CEO

About

Xona Space Systems is building a next-generation satellite navigation system designed as a high-precision, resilient alternative to GPS 15. The company develops low-earth orbit (LEO) satellites — its Pulsar service — that deliver centimeter-accurate positioning for defense, autonomous vehicles, and critical infrastructure 56.

Funding History

Date Round Amount Lead Co-investors
2020-05-14 Pre-Seed $1M 1517 Fund Seraphim Capital, Trucks Venture Capital, Stellar Solutions 234
2025-06-26 Series B $92M Craft Ventures Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, NGP Capital 56
2026-03-26 Series C $170M 15

Total raised: $170M+ 15. Xona also received a $20M non-dilutive SpaceWERX award from the U.S. Space Force innovation arm 5.

What Investors Say

No verified investor quotes found at this time.

What Founders Say

“GPS is one of the most important inventions of the modern world, but it was built for a different era. Our mission at Xona is to rebuild the foundations of navigation and timing to meet today’s demands for accuracy, security, and resilience.”

— Brian Manning, Co-Founder and CEO of Xona Space Systems, on the Series B announcement 5

Sources

  1. Xona Space Systems funding announcement, March 2026. https://xonaspace.com↩↩↩

  2. Xona Space Systems press release, “Xona Space Systems Raises $1M Pre-Seed,” May 14, 2020, accessed July 2026. https://www.xonaspace.com/pr20200514↩

  3. TechCrunch, “Xona Space Systems raises $1 million to improve satellite-based navigation services,” May 14, 2020, accessed July 2026. https://techcrunch.com/2020/05/14/xona-space-systems-raises-1-million-to-improve-satellite-based-navigation-services/↩

  4. Via Satellite / SatelliteToday, “PNT Startup Xona Space Systems Raises $1M in Pre-Seed,” May 15, 2020, accessed July 2026. https://www.satellitetoday.com/finance/2020/05/15/pnt-startup-xona-space-systems-raises-1m-in-pre-seed/↩

  5. PR Newswire, “Xona Raises $92M to Rebuild Satellite Navigation for a New Era,” June 26, 2025, accessed September 2026. https://www.prnewswire.com/news-releases/xona-raises-92m-to-rebuild-satellite-navigation-for-a-new-era-302491586.html — Primary company-issued press release. $92M Series B led by Craft Ventures; participants Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, NGP Capital. Total funding to date at the time: $150M. Also confirms $20M SpaceWERX non-dilutive award and CEO Brian Manning quote. ↩↩↩↩↩↩↩

  6. Xona Space Systems Newsroom, accessed September 2026. https://xonaspace.com/news — Company newsroom listing “$170M Series C to Accelerate Pulsar’s Path to Scale” (dated 3/26/26) plus subsequent milestones (FCC full-deployment authorization August 2026; Burlingame satellite manufacturing facility April 2026; partnerships with Murata, Topcon, Furuno; NRC Canada collaboration). Confirms Series C stage progression (implying Series B was distinct prior round) and Pulsar as the productized service. ↩↩