/Companies

Xairos

Techstars '21

Lone Tree, US · Founded 2019 · 18 employees on LinkedIn · 3 known investors

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Xairos develops a space-based quantum timing architecture for global position, navigation, and timing services with sub-nanosecond accuracy, serving transportation, telecommunications, power grids, financial systems, and data centers.

Also known as Xairos Systems · Xairos Systems Inc.

Founders & leadership

Xairos was founded in 2019 by David Mitlyng.

DMDavid Mitlyng
David MitlyngCEO, Director, Co-FounderDavid Mitlyng has over 20 years of experience in Business Development and Systems Engineering across traditional and startup aerospace companies. He is the founder of Xairos, which develops space-based quantum timing architecture for global positioning, navigation, and timing services.
DW
Dr. Weiss

Investors · 3

Valuation · disclosed

Disclosed events
$20Mvaluation at Regulation Crowdfunding equity offering (StartEngine, 2023 round)Jul 2023
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Sep 2026

Xairos Systems Inc. is a space and quantum technology company developing a global, resilient space-based timing architecture built on Quantum Time Transfer (QTT), a protocol the company states was invented, patented and refined in-house. The system uses entangled photons, precise atomic and optical clocks, and optical communications links to distribute time across satellite and fiber infrastructure, targeting sub-nanosecond accuracy that the company describes as roughly 1,000 times better than existing GPS-based timing, along with resistance to jamming and spoofing. The same technology is also described as Quantum Clock Synchronization (QCS) in third-party profiles.

The company frames its near-term business around mature position, navigation and timing (PNT) and enterprise timing markets, with a longer-term roadmap it calls the entanglement roadmap: precision network timing, optical clocks, distributed quantum sensors, and ultimately networked quantum computers connected by an entanglement grid. Applications cited include transportation, telecommunications networks, power grids, financial transactions, and data centers, where the company argues synchronization constraints affect compute efficiency and energy use.

Xairos has executed work for and with government and institutional customers including the US Space Force, AFRL, NASA, ESA, Innovate UK, the US Air Force and SpaceWERX, and has built collaborations with partners such as Viasat, Heriot-Watt University, Raymetrics, X-lumin, Qubitrium and QuDef. It is an affiliate member of the Satellite Industry Association, a member of the SmallSat Alliance and the Quantum Business Network, and participates in the Elevate Quantum Colorado quantum technology hub.

Business model

Xairos develops and commercializes quantum timing hardware and protocols, working through government research and development contracts (SBIR, defense, space agency programs) and subcontracting roles on institutional space projects, while positioning a commercial enterprise timing and PNT service. At the time of its 2023 crowdfunding offering the company described itself as pre-revenue.

Traction

Xairos reported raising over $1.3 million by its 2023 StartEngine offering, which funded a proof-of-concept demonstration of its patented quantum technology; the company was pre-revenue at that time, with $0 revenue and a net loss of $786,349 in its most recent fiscal year as disclosed in that offering. Subsequent traction includes a SpaceWERX Direct-to-Phase II SBIR award, ESA Phase 2 progression and an ESA subcontract via Raymetrics, completion of Phase 1 of the Innovate UK Quantum PNT Mission, delivery of transportable optical ground station equipment to X-lumin in support of the US Space Development Agency, and a two-kilometer free-space quantum and optical link demonstration in 2026.

Latest developments

In May 2026 Xairos announced a two-kilometer free-space demonstration of its Ares Quantum Optical Terminal validating quantum-secure communications and resilient PNT, and completed Phase 1 of the Innovate UK Contracts for Innovation Quantum PNT Mission, establishing a UK-based hardware and software baseline for GNSS-independent timing. In April 2026 the Colorado Quantum Incubator announced the launch of an open-access quantum timing testbed, described as the first commercial facility for validating quantum timing technologies. In late 2025 the company advanced to Phase 2 of an ESA-supported project with Viasat and Heriot-Watt University and was selected by ESA and Raymetrics as a subcontractor to develop a quantum receiver for the Greek Connectivity Optical Ground Station project.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Xairos positions itself as a provider of GNSS-independent, quantum-based alternative PNT and enterprise timing, addressing vulnerabilities in GPS such as jamming and spoofing. It is categorized among quantum communications, quantum sensing, atomic clock and space quantum companies, and has been named a top innovator in the World Economic Forum's "Quantum for Society" Challenge.

The company's stated differentiator is its patented Quantum Time Transfer protocol, which it says delivers timing accuracy about 1,000 times better than GPS with inherent security against jamming and spoofing, deployable across both space and fiber infrastructure and extensible toward a broader entanglement network.

Technology

The core technology is Quantum Time Transfer / Quantum Clock Synchronization, which uses entangled photon pairs distributed over free-space optical and fiber links, combined with precise atomic and optical clocks and optical communications terminals, to synchronize distant clocks with sub-nanosecond accuracy without dependence on GNSS signals. The company reports one patent family, with its newest filing dated 2026-02-18, and has developed the Ares Quantum Optical Terminal, validated in a two-kilometer free-space test. Hardware work also includes transportable optical ground station equipment and a quantum receiver for an ESA optical ground station.

Go-to-market

The company engages defense and space agency customers through competitive programs and challenges (SpaceWERX SBIR, Innovate UK, ESA, Netherlands Ministry of Defence Quantum Challenge) and works with prime and research partners such as Viasat, Heriot-Watt University, Raymetrics, X-lumin, Qubitrium and QuDef. It also builds visibility through industry bodies including the Satellite Industry Association, SmallSat Alliance, the Quantum Business Network and the Elevate Quantum Colorado hub, and raised capital from retail investors via a StartEngine Regulation Crowdfunding offering.

Defense and government space organizations, satellite operators, telecommunications network operators, power grid and financial transaction infrastructure, transportation, and data center operators requiring precise and secure time synchronization.

Geography

Headquartered in Colorado, United States, with addresses listed in Lone Tree and at Quantum Commons in Arvada, and additional Colorado locations including Lafayette, Littleton and Highlands Ranch. International activity spans Europe through ESA projects (including a Greek optical ground station program), Innovate UK contracts, a Netherlands Ministry of Defence challenge, and a UK-based hardware and software baseline.

History

Xairos Systems Inc. was founded in 2019 in Lone Tree, Colorado by David Mitlyng and Dr. James Troupe, who is credited as inventor of the company's quantum clock synchronization protocol. The company was selected into the Techstars Space Accelerator in 2021 and subsequently secured US Department of Defense work to advance quantum timing for military applications. Later milestones include a Direct-to-Phase II SBIR contract from SpaceWERX (2025), selection for the Netherlands Ministry of Defence Quantum Challenge (2025), recognition by the World Economic Forum's "Quantum for Society" Challenge (2025), progression to Phase 2 of an ESA-supported project and selection as a subcontractor on an ESA optical ground station project in Greece (2025), and completion of Phase 1 of the Innovate UK Quantum PNT Mission plus a two-kilometer free-space quantum and optical link demonstration (2026).

Risks & controversies

The company disclosed in its 2023 StartEngine Regulation Crowdfunding offering that it was pre-revenue, with $0 revenue, total assets of $98,060, cash of $23,590, long-term debt of $1,869,199 and a net loss of $786,349 in its most recent fiscal year, and the platform noted the offering was speculative, illiquid and carried a high degree of risk including possible total loss.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cash and cash equivalentsJan 2023$23.6K
EmployeesJan 202611-50
Long-term debtJan 2023$1.9M
Net incomeJan 2023−$786.3K
Offering price per shareJan 2023$1
Patent familiesJan 20261
RevenueJan 20230 USD
Total assetsJan 2023$98.1K
Total capital raised to dateJan 2023$1.3M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 3

Companies working in the same space as Xairos.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2020$1M
U.S. Air ForceAir ForcePhase ISTTR2020$149.9K
NASAPhase I2020$124.8K
U.S. Air ForceAir ForcePhase I2020$50K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Timeline · 19

launches, deals, and filings
May 2026
Achieves free-space quantum and optical testing milestone

Two-kilometer free-space demonstration of the Ares Quantum Optical Terminal validating quantum-secure communications and resilient PNT capabilities.

source ↗

May 2026
Completes Phase 1 of Innovate UK Contracts for Innovation Quantum PNT Mission

De-risked the company's patented quantum protocols and established a UK-based hardware and software baseline for resilient, GNSS-independent timing.

source ↗

Apr 2026
Colorado Quantum Incubator to launch open-access quantum timing testbed

Commercial testing facility to validate quantum timing technologies.

source ↗

Nov 2025
Selected by ESA and Raymetrics as subcontractor for ESA project

Developing a quantum receiver for the ESA Greek Connectivity Optical Ground Station project.

source ↗

Oct 2025
Proceeds to Phase 2 of European Space Agency supported project

Advancing development of Quantum Time Transfer with partners Viasat and Heriot-Watt University.

source ↗

Jul 2025
University of Colorado Boulder Quantum Forge students complete program with Xairos

source ↗

Jun 2025
Named Top Innovator in World Economic Forum 'Quantum for Society' Challenge

Award announced at World Quantum Day in Riyadh, Saudi Arabia.

source ↗

Mar 2025
Selected for Netherlands Ministry of Defence Quantum Challenge

Demonstration of quantum timing with partners Qubitrium and QuDef.

source ↗

Mar 2025
Joseph Campagna joins leadership team to oversee company strategy and development

Campagna brings photonics, space and PNT experience and oversees system architecture.

source ↗

Feb 2025
Delivers transportable optical ground station equipment to X-lumin

Delivery made in support of the U.S. Space Development Agency.

source ↗

Feb 2025
Joins SmallSat Alliance

source ↗

Feb 2025
Awarded Direct-to-Phase II SBIR contract by SpaceWERX

Contract to develop fusion PNT combining quantum and optical synchronization of clock ensembles.

source ↗

Dec 2024
Xairos announces Board of Advisors

Space, timing, photonics and international business leaders join to provide strategy and guidance.

source ↗

Dec 2024
Joins Satellite Industry Association as affiliate member

source ↗

Jan 2024
Participation in Elevate Quantum Colorado quantum technology hub

source ↗

Jan 2023
NASA quantum timing and synchronization work for space missions and GPS alternatives

source ↗

Jan 2022
DARPA-funded quantum precision navigation and timing research

source ↗

Jan 2021
Selected into Techstars Space Accelerator

source ↗

Dec 2019
SEC Form D filing reporting $500,000 sold

Form D filing by Xairos Systems, Inc. (CIK 1797918) reporting $500,000 sold in an equity offering to 3 investors.

$500K source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Xairos do?
Xairos develops space- and fiber-based Quantum Time Transfer to deliver GNSS-independent, sub-nanosecond timing and navigation.
Who founded Xairos?
Xairos was founded by David Mitlyng in 2019.
Who are Xairos's investors?
Xairos's investors include Leonid Capital Partners, Qubits Ventures, Techstars.
Where is Xairos headquartered?
Xairos is headquartered in Lone Tree, US.