Monica Hunter-Hart / Forbes: Xona, which plans to deploy a 258-satellite low-Earth orbit constellation as a commercial alternative to GPS, raised a $250M Series D at a $2.45B valuation — The U.S. government built GPS. Now Silicon Valley is funding a rival developed by the startup Xona, which just raised $250 million in venture funding.
Monica Hunter-Hart / Forbes:
Xona, which plans to deploy a 258-satellite low-Earth orbit constellation as a commercial alternative to GPS, raised a $250M Series D at a $2.45B valuation — The U.S. government built GPS. Now Silicon Valley is funding a rival developed by the startup Xona, which just raised $250 million in venture funding.
Original source:
https://www.techmeme.com/261022/p21#a261022p21