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Xona Space Systems closes $19M Series A to build out ultra-accurate GPS alternative

For decades, the Global Positioning System (GPS) has maintained a de facto monopoly on positioning, navigation and timing, because it’s cheap and already integrated into billions of devices around the world. But Xona Space Systems thinks a more accurate system will be necessary to scale autonomous vehicles (AVs), advanced robotics and other technologies for the 21st century.

Read the full article: techcrunch.com