Advanced Navigation Raises $110M Series C to Support Increased PNT Technology Demand

Advanced Navigation raises $110M Series C to usher new era of autonomous systems

Advanced Navigation has raised $110 million in a Series C funding round aimed at expanding its positioning, navigation and timing (PNT) technology portfolio. Airtree Ventures led the round, with participation from Quadrant Private Equity and the National Reconstruction Fund Corporation (NRFC). Existing investors — including Main Sequence, KKR, In-Q-Tel, Alpha Intelligence Capital, Malcolm Turnbull and OIF Ventures — also participated. The Sydney…

Advanced Navigation Raises $110M Series C

Not many space companies want to reduce the world’s reliance on satellite infrastructure, but that’s the pitch that landed Australia-based Advanced Navigation a $110M Series C. The company builds autonomous systems to maintain navigation in denied environments, such as when satellite GPS systems become unreliable—or in far out places like the Moon. “The world’s reliance on any single navigation technology has evolved from a technical limitation …

Advanced Navigation raises $158 million Series C with NRFC backing

Advanced Navigation has raised $158 million in a Series C round led by Airtree, with support from the NRFC, to scale its navigation systems across global markets. The post Advanced Navigation raises $158 million Series C with NRFC backing appeared first on SmartCompany.

Advanced Navigation Raises $110M Series C to Support Increased PNT Technology Demand

Advanced Navigation, a leader in navigation and autonomous systems, announced it has successfully raised $110 million in a Series C funding round. The raise marks a shift in the global autonomy race as national demand for alternative Positioning…