Advanced Navigation raises $110M

Airtree Ventures led the investor group on the round, with strategic participation from Quadrant Private Equity and Australia’s National Reconstruction Fund Corporation; existing backers listed include Main Sequence, KKR, In-Q-Tel, Alpha Intelligence Capital, The Hon. Malcolm Turnbull AC and Our Innovation Fund. (advancednavigation.com) The company named commercial and defence partners including Anduril, the National Oceanic and Atmospheric Administration (NOAA), Hanwha, BHP, Rheinmetall and Intuitive Machines, and reported a year of triple‑digit growth as it scales operations into the U.S. and European markets. (advancednavigation.com) Advanced Navigation’s AdNav Intelligence software is a real‑time sensor‑fusion engine that continuously cross‑checks inputs from inertial sensors, laser velocity sensors and other aiding sources to maintain positioning when GNSS is degraded or spoofed. (advancednavigation.com) Its Boreas D90 fiber‑optic gyroscope inertial navigation system (FOG INS) served as the inertial core during a U.S. Army APEX demonstration in April 2025, using gyrocompassing to determine true north and sustain high‑confidence navigation without external GNSS. (gpsworld.com) Advanced Navigation opened a high‑tech manufacturing and fabrication facility at the UTS Tech Lab in Botany, NSW to scale production of digital FOGs and INS hardware, and recently announced plans to establish PNT Centers of Excellence across the UK, U.S. and Europe to expand manufacturing, engineering, support and servicing. (auvsi.org) (insidegnss.com) The firm says it has deployed more than 100,000 systems globally across defence, maritime, mining and robotics, and that U.S. and European markets together account for more than 80% of its revenue as it pursues international expansion. (techfundingnews.com)