{
  "id": 16047061,
  "title": "Xona, which plans to deploy a 258-satellite low-Earth orbit constellation as a commercial alternative to GPS, raised a $250M Series D at a $2.45B valuation (Monica Hunter-Hart/Forbes)",
  "url": "https://urgent.news/2026/10/22/xona-which-plans-to-deploy-a-258-satellite-low-earth-orbit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T12:20:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.forbes.com/sites/monicahunter-hart/2026/10/22/exclusive-spacex-investor-backs-245-billion-startup-taking-the-starlink-model-to-gps/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The U.S. government built GPS. Now Silicon Valley is funding a rival developed by the startup Xona, which just raised $250 million in venture funding.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}