Advanced Navigation Raises $110 Million Series C to Scale PNT Technologies

Advanced Navigation (Sydney, Australia) has raised $110 million in a Series C round to accelerate the development of next-generation positioning, navigation, and timing (PNT) technologies amid rising global demand for GPS-independent systems.

The round was led by Airtree, with participation from Quadrant Private Equity and National Reconstruction Fund Corporation, alongside existing investors including Main Sequence, KKR, IQT, Alpha Intelligence Capital, and OIF Ventures.

Led by CEO and co-founder Chris Shaw, the company is building resilient navigation systems that operate independently of GPS, addressing growing challenges such as signal jamming, spoofing, and infrastructure-denied environments.

Advanced Navigation combines high-precision inertial hardware with AI-driven software, anchored by its proprietary AdNav Intelligence engine, which fuses data from multiple sensors in real time to enable autonomous systems to navigate reliably across sea, land, air, and space.

The company has established itself as a key supplier to major defense and industrial organizations, including Anduril Industries, NOAA: National Oceanic & Atmospheric Administration, Hanwha Group, BHP, Rheinmetall, and Intuitive Machines.

With more than 100,000 systems deployed globally and over 80% of revenue generated in Europe and the U.S., the company is entering a new phase of international expansion.

The new capital will support the establishment of PNT Centres of Excellence across key markets, embedding specialized engineering teams locally to strengthen supply chain resilience and national security capabilities. It will also fund targeted technology acquisitions across robotics, photonics, vision systems, AI, and quantum sensing.

Image Credits: Advanced Navigation