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Xona, which plans to deploy a 258-satellite low-Earth orbit

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: Forbes · Opens in new tab