Xona Space Systems

Xona Space Systems

Private
Burlingame, CaliforniaFrontier & Industrial Techhttps://www.xonaspace.com

Last Round

Series C

Mar 26, 2026

Total Funding Raised

$349.65M

Momentum Score

50 /100

Company Overview

Xona Space Systems is a space technology company that develops low-cost, low-earth orbiting satellite systems to enhance navigation and location precision for autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-critical applications in the smart transportation and infrastructure sectors.

Sector

Frontier & Industrial Tech

Verticals

Space Technology, Satellite Communications, Autonomous Vehicles, Defense Tech, Aviation & Drones

Business Model

B2B

Customer Profile

Data as a Service, Government Contracts, Subscription SaaS

AI Layer

Non-AI

Keywords

PNTLEO PNTPositioning, Navigation, and TimingGPS alternativesatellite navigationresilient PNTLEO satellite constellationSatNavhigh-precision navigationcentimeter-level accuracyautonomous systems navigationsecure navigationanti-jamminganti-spoofingdefense navigationPNT data as a serviceprecision agriculture

Historical Pricing

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Caplight Momentum Score

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Xona Space Systems Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Xona Space Systems Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CMar 26, 2026
GrantJun 26, 2025
Series BJun 26, 2025
GrantFeb 25, 2025
Series AMay 8, 2024
Series A Extension
Aug 3, 2022

Key People

Founding team and executive leadership

Tyler Reid

Co-Founder CTO

Founding Team

Brian Manning

Co-Founder CEO

Founding Team

Jonathan Wakenshaw

Chief Operating Officer

Executive Team

Xona Space Systems Investors

Notable investors and investment history

InvestorRounds
MaC Venture CapitalSeries A Extension, Seed
Future VenturesSeries B, Series A
ICONIQ CapitalSeries C
Natural CapitalSeries C
1517 FundSeries A Extension, Series A, Pre Seed, Seed
Seraphim Space AcceleratorSeries A
GaingelsSeries A Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 26, 2026

    $170M round raised.

  • Mar 26, 2026

    Opening new factory in California and expanding operations in Montreal and London.

Xona Space Systems Filings

SEC and related filings with document metadata.

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Xona Space Systems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBurlingame, California
Employee Range105
Year Founded2019
Last FundingMar 26, 2026

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