Xairos Systems

A Better GPS Through Quantum Technology

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Security Type
Equity
Categories
Technology
Min Investment
$250
Location
LONE TREE, CO
Offering Date
February 01, 2023
Expected Close Date
July 20, 2023
Target Raise
$10.00K-$2.00M
No. Investors
461
Security Price
$1
Valuation
$20,000,000
Website
xairos.com
Number of Employees
8
Cash
$23,590
Revenue
$0
Short Term Debt
$79,470
Cost of Goods
$0
Long Term Debt
$1,869,199
Net Income
$-786,349

Company Description

We are a space and technology company that is revolutionizing time synchronization. To date, Xairos has raised over $1.3 million which has been used to successfully build a proof-of-concept (POC) demonstrating our patented quantum technology. Our system aims to enable a new generation of technologies that require orders of magnitude better accuracy and security than GPS can deliver. We are currently pre-revenue generation.

Key Deal Facts

A PATH TO THE FUTURE: Governments and network operators worldwide are looking for a more accurate GPS alternative to enable technologies such as 6G, autonomous vehicles, and quantum networks. Xairos’ POC has demonstrated time synchronization that is >1,000x more accurate than GPS, solving a considerable problem for new technologies and applications.

FREEDOM FROM OUTAGES: GPS represents a single point of failure for critical national infrastructure. Our patented technology is highly advanced and secure, eliminating the hacking and signal jamming to which GPS is prone. With our system we expect to reduce expensive outages that disrupt travel, degrade network performance, and even eliminate national threats like the interference from Russia in Ukraine.*

MASSIVE MARKET POTENTIAL: GPS alone is a very significant global opportunity with an estimated multi-billion dollar commercial and government market.* We have completed initial revenue contracts with government agencies with more in development. Both quantum and position, navigation and timing (PNT) research have been identified as priorities by the US government, putting Xairos in excellent position to access billions of dollars of new funding as we build our commercial system.*

Management Team / Advisory Board Bios

David MitlyngCEO & Board DirectorThree decades of space, optics, and business experience with Hughes Space and Communications, Orbital ATK, SSL, and BridgeSat, and a BS in Aeronautical Engineering from Cal Poly SLO, a MS in Aeronautics and Astronautics from Stanford University, and an MBA from the MIT Sloan School of Management.
James TroupeChief Quantum ScientistInventor of the quantum clock synchronization protocol. He has authored key papers on this protocol, including “Secure Quantum Clock Synchronization” and “Symmetrical clock synchronization with time-correlated photon pairs”, and has developed the exclusive IP and patents. He has two decades of quantum research experience with University of Texas at Austin, Applied Research Laboratories, and Office of Naval Research focused on the application of quantum mechanical properties to communication, computing, and sensing technology for the Navy and DoD, and a PhD Computational Science from Chapman University, a MS in Physics from Tulane University, and a BS in Physics from University of New Orleans., Roger YeeBoard DirectorRoger is Managing Partner of 𝗼𝘂𝘁𝗰𝗼𝗺𝗲/𝗼𝗻𝗲 providing strategy and management consulting services for companies in the aerospace, defense and government services markets.
Roger's work has been featured in media including the Washington Post, Federal Computing Week, Washington Technology, Government Security News, Washington Business Journal and is a frequent invited panelist at government and industry events. He is a Next Generation Fellow of The American Assembly, Cybersecurity Working Group Chair for Open Source for America, DHS Homeland Open Security Technology (HOST) Council of Peers and a Global CEO Mentor for the Founder Institute.
Amount Raised : $453,717
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