Xona Space Systems raises $1 million to improve satellite-based navigation services – TechCrunch

[ad_1] San Mateo-based startup Xona Space Systems has raised a $1 million “pre-seed” round led by 1517, and including participation from Seraphim Capital, Trucks Venture Capital and Stellar Solutions. The company is focused on developing a Positioning, Navigation and Timing (PNT) satellite service that it believes can supersede Global Navigation Satellite Systems (GNSS), providing big…