Psionic - About the company
Psionic is a series A company based in Hampton (United States), founded in 2016 by Steve Sandford. It operates as a Developer of GPS-independent navigation systems for land, air, and space. Psionic has raised $20.8M in funding from 757 Angels. The company has 32 active competitors, including 2 funded and 5 that have exited. Its top competitors include companies like AEye, Scientific Systems and Orolia.
Company Details
Developer of GPS-independent navigation systems for land, air, and space. These systems provide precise position and velocity data, even in GPS-denied or contested environments. The technology utilizes proprietary Doppler lidar and is adaptable to various platforms, including autonomous vehicles and spacecraft. Applications span commercial and defense sectors, addressing the vulnerability of reliance on centralized navigation systems. The systems are designed for seamless integration into existing infrastructure and offer low probability of detection.
- Website
- psionicnav.com
- Email ID
- *****@psionicnav.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2016
Location
Hampton, United States
Stage
Series A
Total Funding
$20.8M in 9 rounds
Latest Funding Round
Investors
Ranked
2nd among 32 active competitors
Employee Count
63 as on May 31, 2026
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Psionic's funding and investors
Psionic has raised a total funding of $20.8M over 9 rounds. Its first funding round was on Feb 09, 2018. Psionic has 6 institutional investors.
Here is the list of recent funding rounds of Psionic:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 03, 2026 | 5304871 | Series A | 7416303 | 4610820 | 6418095 | 5010743 |
May 23, 2025 | 7490023 | Series A | 5212938 | 5267801 | 2056061 | 6638823 |
Jun 07, 2024 | 5498866 | Series A | 5729787 | 7343875 | 6117181 | 1489508 |
View details of Psionic's funding rounds and investors
Psionic's founders and board of directors
Founder? Claim ProfileThe founders of Psionic is Steve Sandford. Steve Sandford is the CEO of Psionic.
Here are the details of Psionic's key team members:
- Steve Sandford: Founder & CEO of Psionic and founder of 1 other company. Contact Info: 2 email addresses
View details of Psionic's Founder profiles and Board Members
Psionic's employee count trend
Psionic has 63 employees as of May 26. Here is Psionic's employee count trend over the years:
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Psionic's Competitors and alternates
Top competitors of Psionic include AEye, Scientific Systems and Orolia. Here is the list of Top 10 competitors of Psionic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AEye 2013, Pleasanton (United States), Public | Platform offering artificial intelligence and cloud enabled solutions | $71.4M | 63/100 | |
2nd | Psionic 2016, Hampton (United States), Series A | Developer of GPS-independent navigation systems for land, air, and space | $20.8M | 55/100 | |
3rd | Scientific Systems 1976, Woburn (United States), Funding Raised | Provides a platform for non-GPS navigation solutions | - | 44/100 | |
4th | Orolia 2006, Rochester (United States), Acquired | Provider of positioning and navigation solutions for the aerospace industry | - | 36/100 | |
5th | Leonardo 2018, Arlington (United States), Unfunded | Pump diode solutions for advanced targeting systems | - | - | 32/100 |
6th | Brazos Safety Systems 2015, Fort Worth (United States), Seed | Provider of flight operation quality assurance and flight data monitoring solutions | - | 31/100 | |
7th | xNav 2020, Stanford (United States), Unfunded | Provider of software solutions for aircraft navigation solutions | - | - | 29/100 |
8th | ![]() Nexuslab Unfunded | Developer of software for optimizing flight paths to reduce contrails | - | - | 26/100 |
9th | Jeppesen 1934, Denver (United States), Funding Raised | Provider of navigation charts for the commercial aviation industry | - | 26/100 | |
10th | ![]() Chinney Eng 1973, Kowloon (China), Public | Provider of aviation, information technology, and security products and solutions | - | - | 25/100 |
Looking for more details on Psionic's competitors? Click here to see the top ones
Psionic's Investments and acquisitions
Psionic has made no investments or acquisitions yet.
Reports related to Psionic
Here is the latest report on Psionic's sector:
News related to Psionic
Media has covered Psionic for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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GenLab Venture Studio and Psionic Technologies Launch Strategic AllianceBusiness Wire•Sep 30, 2024•Genlab, Psionic
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Cisco To Buy Security Software CompanyCRN•Dec 13, 2023•Cisco, Psionic, Imperva, Truvison and 1 other
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