InfraOrbitThe capital behind space.
Venture round · Completed · 22 Oct 2026

Xona Space Systems US$250m Series D

Xona, building a low Earth orbit navigation constellation as an alternative to GPS, raised its Series D about seven months after a US$170m Series C.

Company
Xona Space Systems
Type
Venture round
Status
Completed
Date
22 Oct 2026
Value
US$250m
Value basis
US$250m at a US$2.45bn post-money valuation
Region
US
Segment
Venture and growth equity

Parties

Key terms

Lead
Future Ventures
Valuation
US$2.45bn post-money
Use of proceeds
Scaling production of the Pulsar navigation constellation

Sources

  1. SatNews: Xona Space Systems secures US$250m Series D at US$2.45bn valuation satnews.com · 22 Oct 2026
  2. Forbes: SpaceX investor backs US$2.45bn GPS challenger forbes.pe · 22 Oct 2026

Record ORB-INV-2026-0033. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
InfraOrbit Weekly

The week in space finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing satellite operators, launch and space infrastructure. By Randeep Bubbra.

Working on a financing like this? Contact us to see how it compares.

Newsletters

Weekly, one email. Work email only. Unsubscribe any time. Privacy.