TrustPoint (Contract)
Funding Details
Awarder
RSS - spacenews.com
Date Award
August 21, 2024
Vertical
Navigation Systems
Funding URL
View Funding Page
Funding Amount
$3,800,000
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
Market
Defense
Location
Dulles, VA, US
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.

Links
Website
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