Xona Valuation, Funding & Investors

Systems Engineering Consultants Co Ltd provides real-time software solutions. It develops real-time software with four business fields: mobile network, internet, social infrastructure system, and space advanced system. Its software offerings include Rtrilo (Ari Trilo), Rtino (Altino), RTMSafety (RTM Safety), airCube (air cube), airLook (EALOK) and airSmartG (Air Smart G).

GomSpace Group AB is engaged in manufacturing nanosatellites and components and turnkey solutions for satellites. Its products include Mission Payloads, Power Systems, Communication Systems, Command & Data handling, Attitude & Orbit Control Systems, Products for Ground Systems, and Structures. Geographically, it operates in Denmark, Sweden, Europe (excluding Denmark and Sweden), USA, and Asia, with the majority of the revenue deriving from Denmark.

Nelco Ltd is in the business of providing domestic satellite communication services to close user group (CUG) networks via Satellite System on non-exclusive basis within the territorial boundary of India under the VSAT, ISP and other Licenses and authorisation granted by Department of Telecommunications, Government of India. The company operates in a single reportable segment, namely Network Systems, comprising Satellite Communication (Satcom) Services, which include equipment sales, maintenance, and other allied services. The group earns revenue from providing Satellite communication connectivity systems and solutions through sale of goods, providing installation and annual maintenance services, renting of goods, Integrated Security & Surveillance services.

APT Satellite Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in the maintenance, operation, and provision of satellite transponder capacity and related services; satellite-based broadcasting and telecommunications services; and other services. From a regional perspective, the company's revenue is derived from customers in Hong Kong, Greater China, Southeast Asia, and other regions.

KVH Industries Inc provides integrated, end-to-end services, software, and hardware that support its customers' need for access to the Internet, VoIP, operations content, and entertainment services. It offers high-speed Internet and Voice over Internet Protocol (VoIP) services via satellite and integrated 5G/LTE cellular communications to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. It operates in several geographic areas, including internationally. Revenues are generated from international locations, mainly consisting of Singapore, Canada, South America, European Union and other European countries, and other regions.

Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Australia, India and others.

Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. Its business segment includes Gogo BA and Satcom Direct. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services, and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped.

EnduroSat is a Sofia, Bulgaria-headquartered manufacturer of CubeSats and small satellites up to 500 kg for Earth observation, communications, and scientific missions. The company delivers end-to-end services from its 17,000 square meter Space Center, including satellite design, integration, and mission operations. EnduroSat has launched over 120 satellites for NASA, ESA, and 350 commercial clients worldwide. Its platforms feature modular software for in-orbit reconfiguration and operate offices in the United States, France, Germany, Italy, and Luxembourg.

Ovzon AB offers a satellite-based mobile broadband service that combines high data speeds with high mobility. The company’s services and technologies are applicable for providing secure broadband satellite communication in remote and dynamic coverage areas, for high-resolution live broadcasts, and for secure, broadband communication for drones. It reports the segment’s division that is based on the customer types and is divided into: Defense, National Security, and Public Safety.

Intellian Technologies Inc is a provider of maritime satellite communication antenna. It offers products including Satellite TV, VSAT, Global Xpress and FleetBroadband solutions.

Sceye is a Moriarty-headquartered aerospace firm developing hydrogen-free helium stratospheric airships for persistent earth observation and broadband connectivity. The platforms operate at 60,000 feet, supporting disaster response and telecom services from New Mexico facilities.

Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block-up converters (BUCs), and Transceivers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense, and public safety.

Venus Aerospace is a Houston-based aerospace company founded in 2020 by CEO Sassie Duggleby and CTO Andrew Duggleby. It develops 3D-printed rotating detonation rocket engines capable of Mach 9 speeds, aiming to enable one-hour global transport for commercial and defense applications. The company has completed engine test flights, including the world's first high-thrust test of a liquid-propellant rotating detonation rocket engine, and holds contracts with NASA and U.S. defense agencies to advance the technology.

Satellogic Inc is a vertically integrated Earth observation company that designs, manufactures, and operates satellite systems, delivering decision-grade insights at scale to government and commercial customers. Through an end-to-end production and operations model, it provides governments with flexible options across their journey toward sovereign Earth observation. From access to high-frequency imagery and managed space systems to full satellite ownership, to supporting autonomous data availability and long-term technological independence. It has monitoring and alert-driven workflows that help defense and intelligence agencies, civil governments, and commercial operators transition from reactive tasking to proactive decision-making, providing mission-critical data when needed.