Lockheed Martin Invests In Xona, Developer Of Private GNSS Satellites

Lockheed Martin Ventures sees value in “hybrid” GNSS.
Credit: Xona Space Systems
Xona Space Systems has received an undisclosed investment from Lockheed Martin Ventures to fund development of a private low Earth orbit global navigation satellite system. The investment round was led by venture capital firm First Spark Ventures and brings the startup’s total funding to more than...

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