Space Force awards TrustPoint $4 million for LEO navigation demonstration

Space Force awards TrustPoint $4 million for LEO navigation demonstration.

Space Force awards TrustPoint $4 million for LEO navigation demonstration WASHINGTON — TrustPoint, a Virginia startup developing a low-Earth-orbit navigation system intended to complement or back up GPS, said May 12 it received a $4 million contract from the U.

Patrick Shannon, TrustPoint's co-founder and chief executive, said TACFI awards are typically valued at around $2 million and usually require matching private investment.