GEODNET
GEODNET operates a decentralized RTK GNSS correction network of 18,500+ community-operated satellite reference stations, delivering centimeter-level positioning data via NTRIP protocol to enterprise customers in agriculture, drones, surveying, automotive, and robotics.
- Company typePrivate
- Founded2022
- HeadquartersLos Altos, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What GEODNET does
GEODNET (Global Earth Observation Decentralized Network) operates a decentralized Real-Time Kinematic (RTK) GNSS correction network using a Decentralized Physical Infrastructure Network (DePIN) model. The network consists of 18,500-21,000+ satellite reference stations — operated by independent community miners worldwide — that receive signals from GPS, GLONASS, Galileo, and BeiDou constellations and deliver centimeter-level positioning corrections (1-10cm accuracy) to commercial users through the NTRIP protocol and RTCM3.2 standard. Each station covers a 20-40km radius and is low-power (<2W); a proprietary cryptographic chip inside miner hardware validates data authenticity to prevent relay attacks. The GEOD token operates across Polygon, Solana, and IoTeX blockchains with 80% of data revenue recycled to buybacks and burns.
The company serves commercial customers across agriculture (autosteer, robotic spraying), drones (mapping, delivery), survey and mapping, construction, automotive (ADAS, lane-level navigation), consumer robotics (robotic mowers), Web3/gaming (proof-of-location), and mobility services. GEODNET distributes through a global network of certified hardware vendors and resale partners, plus direct enterprise access via Enterprise Portal, RTK API, and PPK API launched in October 2025. Consumer product lines include GEO-PULSE (0.1m-accuracy car navigation device), GEO-MEASURE (handheld RTK receiver), and the TokenRun move-to-earn app.
The legal entity is the GEODAO Foundation PTE LTD, a non-profit foundation established in Singapore. Leadership includes Project Creator Mike A. Horton (20+ patents, Crossbow Technology and Anello Photonics veteran), Head of GNSS Yudan Yi (PhD in geodesy, ex-Topcon Positioning Systems), and Head of Blockchain David Chen (Silicon Valley blockchain veteran). The company has raised approximately $15M across multiple rounds from Borderless Capital, IoTeX, North Island Ventures, CoinFund, Pantera Capital, VanEck, Animoca Brands, Multicoin Capital, Digital Asset Capital Management, and ParaFi Capital, with Coinbase spot listing announced for June 23, 2026.
GEODNET firmographics
Firmographics- Name
- GEODNET
- Legal name
- GEODAO Foundation PTE LTD
- Website
- https://geodnet.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- GEODNET operates a decentralized RTK GNSS correction network of 18,500+ community-operated satellite reference stations, delivering centimeter-level positioning data via NTRIP protocol to enterprise customers in agriculture, drones, surveying, automotive, and robotics.
- Ownership category
- akta.pro rank
GEODNET industry classification
Industry- Product category
- GNSS/RTK Positioning Services
- NAICS
- Satellite Telecommunications (517410), Satellite Telecommunications (5174)
- SIC
- Computer Communications Equipment (3576)
- akta.pro primary industry
- Satellite Wholesale Capacity & Backhaul (transponder/HTS capacity, teleport services) (HDAIAEAJ)
- akta.pro secondary industries
- Satellite Imagery & Remote Sensing Geospatial Platforms (BPAMANAM), Satellite IoT & Machine-to-Machine (M2M) Connectivity (LPWAN over Satellite) (HDAIAJAF)
Keywords
Where GEODNET is headquartered
LocationHeadquarters
- HQ city
- Los Altos
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
GEODNET business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure
Revenue model
- RTK Data Services: GEODNET sells RTK correction data and services to commercial clients including surveyors, drone operators, agriculture companies, and autonomous vehicle developers. Data is sold via subscription or usage-based models through NTRIP protocol. 80% of data revenue is used to buy back and burn GEOD tokens.
- Hardware Sales: Sale of Satellite Reference Stations (miners) and accessories through certified vendors and the company store. Hardware includes triple-band GNSS receivers, antennas, and cables.
- Token Utility Revenue: GEOD token provides utility for equipment discounts, data services acquisition (GNSS corrections), and advanced network features including staking. Revenue from data sales is converted to GEOD and used for token buyback and burn.
- Network Resale/Wholesale: Distribution partners acquire GEODNET station data through wholesale/OEM fixed cost per station or network resale with revenue-share arrangements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | 30-day Free RTK Trial |
| Subscription | Monthly | Enterprise API Access (RTK API, PPK API) |
| Subscription | Monthly | Partner Reseller Subscriptions |
| One time/ perpetual license | Pay-as-you-go | Hardware - Standard Antenna |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels9 records
GEODNET product offering
Product offeringCore offering
GEODNET operates a decentralized global RTK (Real-Time Kinematic) GNSS network composed of Satellite Reference Stations ("miners") that deliver centimeter-level positioning correction data to drones, robots, autonomous vehicles, and IoT devices via the NTRIP/RTCM3.2 protocol. Revenue is generated through RTK/PPK data subscriptions and enterprise API access, supplemented by hardware sales of reference stations and consumer products such as the GEO-PULSE navigation device and GEO-MEASURE handheld receiver, with a GEOD token powering network incentives.
Product overview
GEODNET is a decentralized geospatial infrastructure (DePIN) network combining blockchain and RTK technologies to provide precise real-time positioning data. The core offering is the network of Satellite Reference Stations (miners) that provide centimeter-level RTK correction data to robots, drones, autonomous vehicles, and other devices. The product portfolio includes hardware products (Satellite Reference Stations, GEO-MEASURE handheld receiver, GEO-PULSE car navigation device), software platforms (GEODNET Console for station management, Governance platform for decentralized decision-making), APIs (RTK API, PPK API, Enterprise Portal for developer integration), and consumer applications (TokenRun move-to-earn app, GEO-PULSE Quest App). The $GEOD token powers the ecosystem, enabling staking for enhanced rewards via SuperHex, Location NFTs for reward protection, and governance participation. Data is delivered via NTRIP protocol with compatibility across major GNSS receivers and support for multi-chain token operations on Polygon, Solana, and IoTeX.
Differentiator
Problem solved
Functional benefit
Brands
- GEO-PULSE: World's first consumer car navigation device that is 10x more accurate than GPS, providing 0.1m absolute positioning. Paired with the Quest App for earning GEOD tokens.
- GEO-MEASURE
- TokenRun
- GEO-PULSE Quest App
Products and services
- Satellite Reference Stations (Miners)
Quantifiable outcome
- Labor hours, labor cost, and fuel cost reduced 30-50% through construction automation
- +3 more outcomes
Companies that use GEODNET
Customer profileNamed customers8 records
Segments8 records
Ideal customer profiles5 records
GEODNET technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature6 records
GEODNET partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- CoinbasecoreCoinbase announced launch of GEODNET (GEOD) spot trading on June 23, 2026, providing access to the token for spot market participants and expanding DePIN project visibility.
- DroneDash TechnologiescoreDroneDash and GEODNET formed GEODASH Aerosystems Pte. Ltd., a Singapore joint venture to develop the GDA80-120 heavy-lift agricultural spraying drone using AI Vision and RTK positioning, targeting Q3 2026 commercial deployment in Southeast Asia, US, and South America.
- Hyfix Spatial IntelligencecoreHyfix raised $15M seed funding to build US-manufactured drone chips integrating GEODNET's 21,000 reference stations for resilient positioning against GPS jamming and spoofing. Hyfix H1P module incorporates GEODNET correction data.
- IoTeXminorGEO-PULSE Quest App partnership where users complete tasks to earn GEOD tokens and share a pool of 2,500,000 IOTX tokens from IoTeX.
- WingbitscoreWingbits developed the MGW310 dual-mining device that combines ADS-B plane tracking with GEODNET RTK mining, with over 2,000 pre-orders produced in partnership with GEODNET.
Scale indicators9 records
Recent moves7 records
Expansion highlights7 records
GEODNET competitors and assessment
Company assessmentDirect peers
- Hivemapper: Hivemapper is a DePIN network that uses community-deployed dashcams to build a fresh map of the world, paying contributors in tokens. It is the closest analog in the DePIN category, demonstrating the same community-incentivized physical-infrastructure model that GEODNET applies to GNSS reference stations.
- Swift Navigation: Swift Navigation provides centimeter-accurate GNSS positioning via Skylark correction network and Starling GNSS receiver, targeting autonomous vehicles, robotics, drones, and IoT. It is a direct competitor in API-based RTK correction services for autonomy customers.
- Helium: Helium is the largest DePIN network, providing decentralized wireless coverage through community-deployed hotspots in exchange for tokens. It is the foundational comparable for GEODNET's DePIN business model and token-incentivized infrastructure buildout.
- Point One Navigation: Point One offers a Polaris RTK correction network and positioning API targeting autonomous vehicles, robotics, and drones. It is a direct competitor in delivering subscription-based high-precision GNSS correction data to enterprise developers.
Broad incumbents
- u-blox: u-blox provides GNSS chips/modules and correction services (PointPerfect) for automotive, industrial, and consumer applications. It is both a potential GNSS hardware partner to GEODNET-receiving devices and a competitor in the broader positioning-services market.
- Trimble: Trimble operates one of the world's largest commercial CORS/RTK GNSS correction networks (Trimble VRS Now) and is the dominant supplier of positioning hardware and software for surveying, agriculture, and construction. It is the broadest incumbent competitor to GEODNET's positioning-data offering across enterprise verticals.
- Topcon Positioning Systems: Topcon is a major provider of GNSS correction networks (TopNETlive) and precision agriculture/surveying hardware. Yudan Yi (GEODNET's Head of GNSS) spent 10 years there, and Topcon is a direct competitor in the RTK correction-services market.
- Hexagon (Leica Geosystems / NovAtel): Hexagon's Leica Geosystems and NovAtel brands offer global RTK correction networks (HxGN SmartNet) and high-precision GNSS receivers for surveying, agriculture, and autonomy. They compete head-to-head with GEODNET in selling centimeter-accurate positioning data to enterprise users.
Emerging players
- DIMO: DIMO is a DePIN network that ingests vehicle telemetry through user-installed devices. While focused on connected-car data rather than positioning, it shares GEODNET's DePIN architecture, token-incentivized hardware, and target overlap in the automotive/mobility segment.
- Septentrio: Septentrio is a high-precision GNSS receiver manufacturer already listed as a partner on GEODNET's site. It overlaps with GEODNET through its mosaic and AsteRx modules and competing correction offerings, making it both an integration partner and adjacent competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
GEODNET social profiles
Digital presenceGEODNET financial estimates
Financial estimateRevenue estimate
Valuation estimate
GEODNET leadership team
Management profileNumber of profiles
Profiles3 records
GEODNET subsidiaries and ownership
Company hierarchySubsidiaries1 record
GEODNET funding detail
Funding detailFunding overview
Funding rounds5 records
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GEODNET M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GEODNET
What does GEODNET do?
GEODNET operates a decentralized global RTK (Real-Time Kinematic) GNSS network composed of Satellite Reference Stations ("miners") that deliver centimeter-level positioning correction data to drones, robots, autonomous vehicles, and IoT devices via the NTRIP/RTCM3.2 protocol. Revenue is generated through RTK/PPK data subscriptions and enterprise API access, supplemented by hardware sales of reference stations and consumer products such as the GEO-PULSE navigation device and GEO-MEASURE handheld receiver, with a GEOD token powering network incentives.
Is GEODNET a public or private company?
GEODNET is a private company. It is classified as venture growth investor backed and is currently operating.
When was GEODNET founded?
GEODNET was founded in 2022. It employs 11 to 50 people.
Where is GEODNET based?
GEODNET is headquartered in Los Altos, United States, in the North America region.
How does GEODNET make money?
Four revenue lines are on record. RTK Data Services are the primary driver. The others are hardware Sales, token Utility Revenue and network Resale/Wholesale.
Who are GEODNET's main competitors?
Direct peers on record are Hivemapper, Swift Navigation, Helium and Point One Navigation. Broad incumbents are u-blox, Trimble, Topcon Positioning Systems and Hexagon (Leica Geosystems / NovAtel). Emerging players are DIMO and Septentrio.
Does GEODNET have an API?
Yes. GEODNET offers an Enterprise Portal with RTK API and PPK API for high-precision GNSS integration. The RTK API provides real-time, centimeter-level positioning data, while the PPK API provides raw GNSS observation data. Services support autonomous vehicles, drones, and construction industries. Data is delivered through the NTRIP protocol and adheres to RTCM3.2 protocol. Developer documentation is at docs.geodnet.com.
What industry is GEODNET in?
GEODNET's product category is GNSS/RTK Positioning Services. Its primary akta.pro industry code is HDAIAEAJ, Satellite Wholesale Capacity & Backhaul (transponder/HTS capacity, teleport services), with a secondary code of BPAMANAM, Satellite Imagery & Remote Sensing Geospatial Platforms. Its NAICS code is 517410 and its SIC code is 3576.