Naverus

company

About

GE Aviation provides commercial and military jet engines, components, avionics, and electric power and mechanical systems for aircrafts.

  • 51 - 100

Details

Last Funding Type
Series D
Last Funding Money Raised
$4M
Industries
Aerospace,GPS,Navigation
Founded date
Jan 1, 2003
Number Of Employee
51 - 100
Operating Status
Active

Required Navigation Performance (RNP) is a superior approach to navigation that is increasing the safety and profitability of aviation worldwide. It optimizes approaches and departures by integrating cutting-edge avionics with Global Positioning System (GPS) technology. RNP-enabled aircraft precisely fly predetermined paths loaded into their flight management computers. Continual monitoring — a key advancement of RNP — alerts users if their position becomes uncertain and to what degree.

RNP was initially developed to address problems at terrain- and weather-challenged airports.Today, the world is recognizing that RNP’s efficiency and operational benefits are valuable at ALL airports. Procedures can be designed with paths that reduce flight distances and lower thrust settings, resulting in millions of dollars in fuel savings, noise and emissions reductions, and flight safety enhancements.

Naverus has been an RNP innovator since the beginning. No other company in the world combines our knowledge, experience and expertise in helping aircraft operators, regulators, air traffic controllers and other stakeholders work together to achieve the astonishing benefits of RNP. As RNP becomes the global standard, Naverus will continue to be the leading global RNP solution.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$14M
Naverus has raised a total of $14M in funding over 2 rounds. Their latest funding was raised on Apr 17, 2009 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 17, 2009 Series D $4M 1 East Peak, Inc. Detail
Feb 28, 2008 Series C $10M 1 East Peak, Inc. Detail

Investors

Number of Lead Investors
Number of Investors
2
1
Naverus is funded by 1 investors. East Peak, Inc. are the most recent investors.
Investor Name Lead Investor Funding Round
East Peak, Inc. Yes Series D