Business & Finance
Xona Raises $250 Million to Remake 50-Year-Old GPS
Key Points
Oct 23rd, 2026 Xona Raises $250 Million to Remake 50-Year-Old GPS Xona – a startup working to improve GPS with a new purpose-built commercial satellite navigation network – has raised $250 million at a $2.45 billion valuation. Xona CEO and co-founder Brian Manning discusses the difference the company’s smaller, more scalable satellites make, its recent regulatory approvals and plans for commercialization. Manning joins Ed Ludlow on “Bloomberg Tech."
Oct 23rd, 2026
Xona Raises $250 Million to Remake 50-Year-Old GPS
Xona – a startup working to improve GPS with a new purpose-built commercial satellite navigation network – has raised $250 million at a $2.45 billion valuation. Xona CEO and co-founder Brian Manning discusses the difference the company’s smaller, more scalable satellites make, its recent regulatory approvals and plans for commercialization. Manning joins Ed Ludlow on “Bloomberg Tech."