Xona discloses $20m SpaceWERX award alongside Series B
The non-dilutive STRATFI funding forms part of a $92m combined financing announcement for Xona’s Pulsar navigation constellation.
Xona disclosed a $20 million SpaceWERX STRATFI award on June 26, 2025, alongside a Series B led by Craft Ventures. The government funding is included in the company’s $92 million financing announcement.
STRATFI supports the transition of technology into operational use. For Xona, the award backs Pulsar, a low-Earth-orbit navigation service designed for stronger, authenticated positioning signals in environments where GPS can struggle.
Xona had just launched Pulsar-0 and planned to move toward a larger production constellation. The combined financing brought its reported lifetime funding above $150 million.
Use of funds
Scale satellite manufacturing and deployment
Develop Pulsar positioning, navigation and timing service