TrustPoint is a company developing a next-generation commercial GPS service utilizing a constellation of C-band Low Earth Orbit (LEO) satellites. As a GNSS service provider, TrustPoint aims to deliver enhanced accuracy, security, and reliability for positioning, navigation, and timing (PNT) services, addressing the limitations of current GPS technology. Their solutions target critical applications like autonomous vehicles, drone delivery, and national security, and they have secured contracts with organizations like SpaceWERX and NAVAIR.
All verified mentions of this organization in source documents.
On 2023-12-18, TrustPoint selected SpiderOak to provide cybersecurity for its future network.
TrustPoint’s platform is the first commercially-funded, purpose-built PNT microsatellite.
TrustPoint launched its first satellite on 2023-04-15 on the SpaceX Transporter-7 rideshare flight.
TrustPoint completed initiation of a contract and delivered a spacecraft ready for launch in under 10 months.
TrustPoint raised $2,000,000 in 2021 for a campaign to establish a proliferated constellation in low Earth orbit to offer global PNT data at a fraction of the cost of a single GPS Block III satellite.
TrustPoint Inc. raised $2,000,000 in seed funding from venture capital firm DCVC on 2021-10-18.
TrustPoint is developing a GNSS alternative intended to provide government and commercial customers with improved service, security, and reliability.
TrustPoint was founded in 2020 and is developing a new global navigation satellite system (GNSS).