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.

Source: TechMeme
Source Link: https://www.techmeme.com/261022/p21#a261022p21