Xona Timeline

Events

• 2026-10-22 - Funding - Xona raises $250M Series D at $2.45B valuation - Total capital raised now exceeds $570 million. Four of the six additional Pulsar satellites sent to orbit earlier in the week are intended to begin customer service in 2027. Two of the additional spacecraft were designed and manufactured entirely in-house in… - source: xonaspace.com
• 2026-04-09 - Facility Opening - Xona opens Burlingame satellite manufacturing facility - The factory was supported by the recently closed $170 million Series C. The company plans to produce and deploy more than 250 satellites over five years. Montreal operations are also expanding as Xona builds manufacturing and network capacity. - source: xonaspace.com
• 2026-03-26 - Funding - Xona secures $170M in Mohari-led Series C for Pulsar scale-up - Participants include Craft Ventures, ICONIQ, Woven Capital, NGP Capital, Samsung Next and Hexagon. The new Burlingame factory supports production spacecraft for the navigation service. More than a dozen commercial receiver partners were already tracking… - source: xonaspace.com