Xona Space Systems
Burlingame, US · Founded 2019 · Delaware corporation · 160 employees on LinkedIn · 26 known investors
Xona Space Systems operates Pulsar, a positioning, navigation, and timing (PNT) service delivered from a constellation of small satellites in Low Earth Orbit that broadcasts a new signal to augment or replace GPS. The service can upgrade existing GPS devices to centimeter-level accuracy via software and targets systems requiring high-integrity, resilient navigation across many use cases.
Founders & leadership
Xona Space Systems was founded in 2019 by Brian Manning and Tyler Reid.
BM
Brian ManningCo-founder
TR
Tyler ReidCo-founder
AP
Adrien PerkinsNamed on SEC filing
Board
SD
LJ
JC
RJ
Ryan JohnsonBoard director
Investors · 26
Armada Investment AG
Beyond Earth VenturesWilmington · $500K – $2M
Capital InnovatorsSt. Louis · $500K – $1M
Cross Culture Ventures
First Spark Ventures, LlcMenlo Park
IceNineLondonvia Jeff Crusey · inferred
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Industrious VenturesDenver
MaC Venture CapitalLos Angeles · $500K – $2M
NGP CapitalBerlin · $8M – $12M
Raptor GroupMiami Beachvia James J. Pallotta · inferred
Space CapitalNew York City
SpaceVCAustin · $1M – $5Mvia Jonathan Lacoste · inferred
Trucks VCSan Francisco
Velvet Sea VenturesWest Palm Beach
Woven CapitalTokyo · $10M – $50M
Craft Venturesreported · 2 sourcesSan Francisco · $50K – $50Mvia Sky Dayton · board
Future VenturesreportedLos Altos · $1M – $10M
ICONIQreportedSan Francisco
Lockheed Martin VenturesreportedBethesda
Mana VenturesreportedEstero
Samsung NextreportedSan Jose · $100K – $5M
Seraphim Spacereported · 3 sourcesLondon · $1.3M – $3.8Mvia Rob Desborough · board
Toyota VenturesreportedLos Altos
Also in the syndicate · 3
HexagonMohari VenturesleadNatural Capitallead
Reported raises · per SEC filings
Form D private placements$285.3M disclosed across 4 rounds · 2021–2026
▶$170MraisedApr 2026 · 19 investors · OtherRule 506(b)
▶$170MraisedApr 2026 · 19 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Brian ManningExecutive Officer, Director
- Ryan JohnsonDirector
- Adrien PerkinsDirector
- Sky DaytonDirector
- Offering amount
- $170M
- Amount sold
- $170M
- First sale
- Mar 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$74.6MraisedJun 2025 · 17 investors · OtherRule 506(b)
▶$74.6MraisedJun 2025 · 17 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Sky DaytonDirector
- Ryan JohnsonDirector
- Adrien PerkinsDirector
- Brian ManningExecutive Officer, Director
- Lewis JonesDirector
- Offering amount
- $74.6M
- Amount sold
- $74.6M
- First sale
- Jun 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$30.7MraisedMay 2024 · 25 investors · OtherRule 506(b)
▶$30.7MraisedMay 2024 · 25 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Rob DesboroughDirector
- Ryan JohnsonDirector
- Adrien PerkinsDirector
- Brian ManningExecutive Officer, Director
- Offering amount
- $30.7M
- Amount sold
- $30.7M
- First sale
- Apr 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$10MraisedApr 2022 · 15 investors · OtherRule 506(b)
▶$10MraisedApr 2022 · 15 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Brian ManningExecutive Officer, Director
- Tyler ReidDirector
- Adrien PerkinsDirector
- Jeff CruseyDirector
- Offering amount
- $10M
- Amount sold
- $10M
- First sale
- Aug 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
3 people who came through Xona Space Systems went on to found or lead other companies.
Competitors · 3
by search overlap
Capella Space14 shared keywordsCapella Space designs, builds, and operates synthetic aperture radar (SAR) satellite constellations that provide all-weather, day-and-night Earth observation imagery at sub-0.25m resolution. It offers an automated end-to-end tasking and data delivery platform serving defense and intelligence, maritime, disaster response, and infrastructure monitoring customers.
XONA11 shared keywordsXona provides a secure access platform designed to strengthen and simplify operations technology (OT) and industrial control systems (ICS) across critical infrastructure sectors. The platform serves enterprises in industries including automotive, manufacturing, aviation, energy, utilities, healthcare, and government.
Spacecapital6 shared keywordsSpace Capital is a venture capital firm investing in the space economy, covering GPS, geospatial intelligence, and satellite communications. It authored the book 'The Space Economy' and created investment frameworks (GPS, GEOINT, and SatCom Playbooks) used by financial firms and governments.
Companies competing with Xona Space Systems for the same Google search keywords, organic and paid, via search-intersection analysis.
Non-dilutive funding · 2 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. NavyNavy | Phase I | 2021 | $139.8K |
| National Science Foundation | Phase I | 2020 | $225K |
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.
In the news
Xona Space Systems Closes $19M Series A to Build Ultra-Accurate GPS Alternativetechcrunch.com · May 2024Frequently asked questions
- What does Xona Space Systems do?
- Xona Space Systems operates Pulsar, a positioning, navigation, and timing (PNT) service delivered from a constellation of small satellites in Low Earth Orbit that broadcasts a new signal to augment or replace GPS. The service can upgrade existing GPS devices to centimeter-level accuracy via software and targets systems requiring high-integrity, resilient navigation across many use cases.
- Who founded Xona Space Systems?
- Xona Space Systems was founded by Brian Manning, Tyler Reid in 2019.
- Who are Xona Space Systems's investors?
- Xona Space Systems's investors include Armada Investment AG, Beyond Earth Ventures, Capital Innovators, Cross Culture Ventures, First Spark Ventures, Llc, IceNine, Industrious Ventures, MaC Venture Capital and 15 more.
- How much funding has Xona Space Systems raised?
- Xona Space Systems has disclosed $285.3M raised across 4 rounds.
- Where is Xona Space Systems headquartered?
- Xona Space Systems is headquartered in Burlingame, US.