Xairos Systems

A Replacement for GPS?

Company Information

Website:

https://www.xairos.com/

Sector:

Computer & Software

Location:

Lone Tree, CO

Global Positioning System, or "GPS," had made a trillion-dollar impact on the world. But the technology behind it is outdated. It’s not accurate or secure enough for today’s needs or tomorrow’s ambitions. An alternative is critical.

Xairos Systems is creating an alternative to GPS that’s more reliable, more secure, and more accurate.

This company’s solution is 1,000x more accurate than GPS and offers improved performance and better security. Since building a proof-of-concept of its technology, Xairos has been issued multiple patents, and received funding from professional investors like Techstars and Spaced Ventures. Now it’s scheduled to introduce its technology to the world in 2024.

Team Background

David Mitlyng - CEO and Board Director

David has three decades of experience in the space, business, and optical-communications sectors. In addition to his role with Xairos, he’s an advisor with TFWireless, a technology startup spun off from NASA focused on wireless-communication technology.

Previously, he was Chief Operations Officer with SpeQtral, an aerospace company developing quantum systems. Before that, he was the first employee at BridgeSat, a startup offering commercial space-based optical-communications systems.

Earlier in his career, David worked with Space Systems Loral, a company that designs and manufactures spacecraft for services including broadband internet, mobile communications, and Earth observation. He initially served as a design engineer before leaving to spend thirteen years as an engineer with Orbital Sciences Corporation, a space-manufacturing company. He then returned to Space Systems to serve as its Director of Marketing and Sales, and later its Vice President of Business Development.

David began his career as a vehicle engineer with Hughes Space and Communications, a company providing broadband-satellite services. He earned a Bachelor's degree in Aeronautical Engineering from California Polytechnic State University, a Master's degree in Aerospace and Astronautical Engineering from Stanford, and an MBA from MIT.

James Troupe - Chief Quantum Scientist

James is the inventor of the quantum clock synchronization protocol. He’s authored key papers on this protocol, including "Secure Quantum Clock Synchronization" and "Symmetrical clock synchronization with time-correlated photon pairs." He also developed Xairos' exclusive patents and IP holdings.

A longtime physicist, he began his career with the U.S. Army Corps of Engineers, before joining the Naval Surface Warfare Center, a division tasked with developing warfare systems for the military. He then became Science Director at the Office of Naval Research, specializing in quantum science and technology.

More recently, James was a research associate at Applied Research Laboratories at the University of Texas at Austin. He holds a Bachelor's degree in Physics from the University of New Orleans, a Master's degree in Physics from Tulane University, and a Ph.D. in Computational Science from Chapman University.

Roger Yee - Board Director

In addition to his role with Xairos, Roger is Managing Partner of outcome/one, a strategy and consulting firm focused on the aerospace, defense, and government industries. He is also an advisor with FedTech, a venture firm working with the Department of Defense and NASA to commercialize deep-tech innovations, and is a guest lecturer at William & Mary.

Previously, he was Senior Vice President of Strategy and Growth with BRTRC Federal Solutions, a provider of engineering services for defense and federal government customers. Before that, he was Vice President of BAE Systems, a technology company creating products for security and aerospace companies.

Earlier in his career, Roger was Vice President of DigitalNet Holdings, a cybersecurity-solutions company that was acquired by BAE Systems in 2004. Before that, he founded two companies, a cybersecurity business called ShadowLogic, and a technology-development company called LaunchFuel.

He began his career as a technical producer with America Online, and was also Vice President of Technology Strategy with AppNet Systems, a company providing internet service to businesses.

Co-Investors

Raising
$2 million
Committed
$398.634K (20%)
Current Valuation
$20 million
Min. Investment
$250
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $250K
    2021-11-18
    Unknown
  • $120K
    2021-06-07
    Techstars
Notable Investors
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