Funding Details
- Awarder
- RSS - spacenews.com
- Date Award
- August 21, 2024
- Vertical
- Navigation Systems
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2020
- Traction
- TrustPoint has launched two satellites and is in the process of developing a system that complements existing GPS services.
- Organizations Involved
- U.S. Space Force
- Founders
- Patrick Shannon, Chris DeMay
- Company Description
- TrustPoint is a startup developing a next-generation global navigation satellite system that aims to provide alternative position, navigation, and timing (PNT) services independent of GPS. The company plans to establish a C-band constellation in low-Earth orbit to enhance reliability and resilience for both commercial and defense end users.
- Market
- Defense
- Location
-
Dulles,
VA,
US
Links