About Xona Space Systems
Xona Space Systems is a company based in Palo Alto (United States) founded in 2019 by Jerami M, Adrien Perkins, Paul Tarantino, Tyler Reid, Kazuma Gunning, Bryan Chan, and Brian Manning.. Xona Space Systems has raised $121.7 million across 8 funding rounds from investors including Lockheed Martin, SRI and Seraphim. The company has 30 employees as of December 31, 2024. Xona Space Systems offers products and services including PULSAR. Xona Space Systems operates in a competitive market with competitors including NextNav, Humatics, Topcon Positioning, Satelles and Advanced Navigation, among others.
- Headquarter Palo Alto, United States
- Employees 30 as on 31 Dec, 2024
- Founders Jerami M, Adrien Perkins, Paul Tarantino, Tyler Reid, Kazuma Gunning, Bryan Chan, Brian Manning
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Sectors
Aerospace, Defense & MaritimeTechnology Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Xona Space Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$121.7 M (USD)
in 8 rounds
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Latest Funding Round
$72 M (USD), Series B
Jun 26, 2025
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Investors
Lockheed Martin
& 24 more
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Employee Count
30
as on Dec 31, 2024
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Products & Services of Xona Space Systems
Xona Space Systems offers a comprehensive portfolio of products and services, including PULSAR. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides precise global positioning through satellite constellation.
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Funding Insights of Xona Space Systems
Xona Space Systems has successfully raised a total of $121.7M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $72 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series B — $72.0M
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First Round
First Round
(14 May 2020)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Grant - Xona Space Systems | Valuation |
investors |
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| Jun, 2025 | Amount | Series B - Xona Space Systems | Valuation | Craft Ventures | |
| Apr, 2024 | Amount | Series A - Xona Space Systems | Valuation | Future Ventures , Seraphim |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Xona Space Systems
Xona Space Systems has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lockheed Martin, SRI and Seraphim. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Future Ventures is focused on early-stage venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage space-tech startups are invested in by Seraphim.
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Founded Year | Domain | Location | |
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Venture capital firm focused on B2B companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Xona Space Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Xona Space Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xona Space Systems Comparisons
Competitors of Xona Space Systems
Xona Space Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NextNav, Humatics, Topcon Positioning, Satelles and Advanced Navigation, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Indoor positioning solutions for enterprises are provided.
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| domain | founded_year | HQ Location |
Control systems for collaborative robots in human environments are developed.
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| domain | founded_year | HQ Location |
Provides precision positioning systems for infrastructure and farming sectors.
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| domain | founded_year | HQ Location |
Satellite time and location solutions are provided for various industries.
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| domain | founded_year | HQ Location |
Developer of AI and cloud-based inertial sensor systems for navigation
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xona Space Systems
Frequently Asked Questions about Xona Space Systems
When was Xona Space Systems founded?
Xona Space Systems was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Xona Space Systems located?
Xona Space Systems is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Xona Space Systems?
Brian Manning is the current CEO of Xona Space Systems. They have also founded this company.
Is Xona Space Systems a funded company?
Xona Space Systems is a funded company, having raised a total of $121.7M across 8 funding rounds to date. The company's 1st funding round was a Series A of $30.7M, raised on May 14, 2020.
How many employees does Xona Space Systems have?
As of Dec 31, 2024, the latest employee count at Xona Space Systems is 30.
What does Xona Space Systems do?
Xona Space Systems was founded in 2019 in Palo Alto, United States, as a provider of satellite-based positioning and navigation solutions. Operations focus on a platform utilizing low Earth orbit satellites to support smart transportation and infrastructure sectors. The XPS solution is designed for applications including autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-dependent uses, ensuring precise real-time data across various industries.
Who are the top competitors of Xona Space Systems?
Xona Space Systems's top competitors include NextNav, Humatics and Rx Networks.
What products or services does Xona Space Systems offer?
Xona Space Systems offers PULSAR.
Who are Xona Space Systems's investors?
Xona Space Systems has 25 investors. Key investors include Lockheed Martin, SRI, Seraphim, Stellar Solutions, and Capital Innovators.
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