Facts

• Segment: Localization
• Country: Singapore
• Founded: 2022
• Website: https://geodnet.com/

Profile sections

• Summary
• Market context
• Products
• Facts
• Funding
• Investors
• Context / Market Position
• Events
• Team
• Supply chain relationships
• Relationships
• Context tags
• Articles
• Sources

Summary

GEODNET operates a decentralized GNSS reference-station network for centimeter-level RTK positioning. Its products and services support drones, robots, vehicles, mapping devices and spatial applications that need precise location data without building private base-station infrastructure.

Market context

GEODNET sits in a real enabling layer beneath outdoor robotics and autonomy. High-accuracy localization is a practical dependency for field robots, robotic mowers, drones, and other autonomous systems operating in GPS-challenged or high-precision environments, making GEODNET relevant as infrastructure rather than as a robot OEM. Proprietary RTK correction network and positioning services.

• Capability: Centimeter-level localization for outdoor robots and autonomous systems GNSS correction services delivered via NTRIP / RTCM Global reference-station coverage for field deployment OEM and reseller support for…
• Strategic position: Infrastructure layer beneath outdoor autonomy Supports localization reliability for agricultural robots, robotic mowers, drones, and other field systems

Products

• GEO-MEASURE
• GEO-PULSE
• GEODNET RTK Service
• GEODNET Satellite Miner

Facts

• Website: https://geodnet.com/
• HQ: Singapore, Singapore
• Founded: 2022
• Ticker: GEOD-USD / CRYPTO
• Segment: Localization
• Known funding rounds: 4

Funding

• 2025-02-24 - Strategic round - $8M - GEODNET raises $8 million strategic round led by Multicoin Capital - source: geodnet.com
• 2024-04-16 - Strategic investment - GEODNET announces new investment round backed by CoinFund, Pantera, VanEck, and Santiago Santos - source: geodnet.com
• 2024-02-28 - Venture round - $4M - GEODNET raises $3.5 million to expand its real-time kinematics network - source: geodnet.com
• 2023-07-05 - Early - $2M - GEODNET Foundation secures $1.5 million investment led by Borderless Capital - source: geodnet.com

Investors

• DACM - Participant - Unknown - 1 funding event - first seen 2025-02-24
• Multicoin Capital - Lead - Vc - 1 funding event - first seen 2025-02-24
• ParaFi - Participant - Unknown - 1 funding event - first seen 2025-02-24
• CoinFund - Participant - Vc - 1 funding event - first seen 2024-04-16
• Pantera - Participant - Unknown - 1 funding event - first seen 2024-04-16
• Santiago Santos - Participant - Angel / Individual - 1 funding event - first seen 2024-04-16
• VanEck - Participant - Unknown - 1 funding event - first seen 2024-04-16
• Borderless Capital - Lead - Vc - 1 funding event - first seen 2023-07-05

Decentralized RTK positioning network

GEODNET provides a decentralized RTK correction network for centimeter-level positioning across drones, robots, vehicles and precision equipment.

• Target environment: Outdoor robots, drones, autonomous vehicles, precision agriculture, surveying, machine control and mapping systems.
• Deployment model: Decentralized GNSS reference station network and correction service for developers, operators and hardware integrators.
• Customer context: Robot developers, drone operators, surveyors, machine-control users, DePIN participants and autonomy teams.
• Workflow context: RTK correction, high-accuracy localization, outdoor navigation, mapping, positioning data supply and machine guidance.
• Commercial maturity: Commercial decentralized positioning network with active station deployment and developer-facing correction services.
• Market position: Positioning infrastructure company serving the RTK correction layer for autonomous machines.
• Adoption constraints: Adoption depends on station density, correction uptime, hardware compatibility, signal reliability, customer trust and regulatory acceptance.
• Adjacent context: Adjacent context includes RTK networks, GNSS correction, robot localization, DePIN infrastructure and precision machine positioning.
• Source confidence: high

Events

• 2026-04-14 - Partnership - DroneDash and GEODNET launch GEODASH Aerosystems for map-free AI-driven precision spraying - DroneDash Technologies and GEODNET announced the formation of GEODASH Aerosystems Pte. Ltd., a Sing…
• 2026-04-02 - Market Signal - GEODNET reports its largest monthly GEOD buyback and burn to date for March 2026 - GEODNET said March produced its largest GEOD buyback to date, with $630,751 worth of GEOD bought back and b…
• 2026-03-17 - Product Launch - HYFIX launches GEO-SWARM autonomous drone-in-a-box security system on Kickstarter - HYFIX launched GEO-SWARM on Kickstarter as a fully autonomous drone-in-a-box home security system
• 2025-12-20 - Product Launch - GEODNET launches GEO-MEASURE GNSS RTK device on Amazon - • GEODNET launched the GEO-MEASURE GNSS RTK device on Amazon on December 20, 2025.
• 2025-11-05 - Market Signal - GEODNET revenue grew 217% YoY in Q3 2025, crossing $1.2M - • GEODNET's revenue increased from $388,600 in Q3 2024 to over $1.2 million in Q3 2025, marking a 216.9% year-over-year growth.
• 2025-08-06 - Market Signal - GEODNET RTK drones operate daily worldwide - • GEODNET's RTK network, comprising over 19,000 active Satellite Miners across 145 countries, provided precise positioning data to thousands of r…
• 2025-02-24 - Partnership - DroneDeploy and GEODNET Foundation announce partnership to provide enterprise RTK services for drone-based reality capture - GEODNET announced a partnership with DroneDeploy focused on enterpr…
• 2025-02-24 - Funding - GEODNET raises $8 million strategic round led by Multicoin Capital - GEODNET raised an $8 million strategic round led by Multicoin Capital
• 2025-02-14 - Company Formation - Intercognitive Foundation launches with Auki Labs, peaq, Mawari, and GEODNET as founding members - Intercognitive Foundation launches to promote infrastructure and protocols that make th…
• 2024-12-18 - Partnership - Burro and GEODNET partner to enhance agricultural robotics with RTK GPS - Burro and GEODNET announced a partnership to enhance agricultural robotics with advanced RTK GPS technology
• 2024-10-28 - Partnership - Agri Automation and GEODNET collaborate on RTK services in Australia and New Zealand - GEODNET and Agri Automation announced a collaboration for RTK services in Australia and New Zealand
• 2024-06-24 - Market Signal - GEODNET reports new customers across automotive, drones, IoT, farming, and surveying - GEODNET announced new customers spanning automotive, drones, IoT, farming, and surveying
• 2024-04-16 - Funding - GEODNET announces new investment round backed by CoinFund, Pantera, VanEck, and Santiago Santos - GEODNET announced a new investment round from CoinFund, Pantera, VanEck, and Santiago Santos
• 2024-02-28 - Funding - GEODNET raises $3.5 million to expand its real-time kinematics network - GEODNET announced a $3.5 million financing round to build out its RTK network
• 2024-02-05 - Capability - GEODNET's Decentralized RTK Network Achieves Centimeter-Level Accuracy - GEODNET operates a decentralized network of over 10,000 high-precision GNSS base stations worldwide.
• 2023-12-13 - Partnership - Deep Sand Technology and GEODNET collaborate on precision agriculture RTK services in rural North America - GEODNET says Deep Sand Technology and the GEODNET Foundation joined forces to expand…
• 2023-07-05 - Funding - GEODNET Foundation secures $1.5 million investment led by Borderless Capital - Borderless Capital led a $1.5 million investment into the GEODNET Foundation
• 2023-06-14 - Product Launch - HYFIX.AI launches new RTK rovers with GEODNET connectivity on Crowd Supply - GEODNET published a launch update for HYFIX.AI's new RTK rover products built around the Quectel LC29H GNSS modu…
• 2023-02-06 - Product Launch - GEODNET launches RTK correction service for agricultural robotics OEMs and systems integrators - GEODNET announced a centimeter-precision RTK GNSS corrections service aimed at OEMs and syst…
• 2022-11-20 - Product Launch - HYFIX.AI announces new triple-band GNSS base stations for GEODNET - GEODNET published a HYFIX.AI launch update for new triple-band, 1000+ channel GNSS base stations designed for GEODNET par…

Team

• Mike A. Horton - Project Creator - Central originator of GEODNET's RTK network strategy, connecting the project to prior experience in navigation hardware, sensor systems and positioning infrastructure.
• Yudan Yi - Head of GNSS - Provides the GNSS and geodesy expertise behind GEODNET's positioning infrastructure, RTK correction network and location-data reliability.
• David Chen - Head of Blockchain - Leads the blockchain layer behind GEODNET's decentralized network model, connecting the RTK positioning system to consensus, security, smart-contract and decentralized application…

Supply chain relationships

• HYFIX - technology_partner - HYFIX ships GEODNET-oriented hardware including RTK rovers (e.g. Quectel LC29H-based units) and triple-band GNSS base stations for network participation, expanding field devices that run on…

Relationships

• Intercognitive Foundation - founding_member - GEODNET is a founding member of Intercognitive Foundation.
• Agri Automation - deployment_partner - Agri Automation and GEODNET collaborate on RTK services in Australia and New Zealand. The partnership expanded GEODNET's agricultural robotics and precision-ag footprint in the reg…
• HYFIX - distribution_partner - HYFIX operates the GEODNET Store, handles fulfillment and customer support for GEODNET hardware purchases, acts as an authorized GEODNET distributor, and supplies GEODNET-linked hardware w…
• deployment_partner - GEODNET and Deep Sand Technology collaborate on precision agriculture RTK services in rural North America.
• DroneDeploy - technology_partner - GEODNET and DroneDeploy partnered to deliver enterprise RTK services for drone-based reality capture, positioning GEODNET's correction network as infrastructure for higher-precision dr…
• DroneDash Technologies - partner - DroneDash and GEODNET launch GEODASH Aerosystems for map-free AI-driven precision spraying
• DroneDash Technologies - GEODASH Aerosystems JV - Formed GEODASH Aerosystems Pte. Ltd. as a Singapore-incorporated joint venture to commercialize map-free, AI-driven precision spraying systems for industrial agriculture.

Context tags

• Positioning infrastructure provider - Peer Group - Operates decentralized RTK correction network infrastructure relevant to robotics and autonomous systems.
• Commercial deployment - Commercial Stage - Active revenue-generating satellite-mining and correction service
• Positioning network infrastructure - Peer Group - Core peer group: RTK correction network operator
• RTK correction data - Capability - Live RTK correction data service
• Localization infrastructure - Stack Layer - Positioning infrastructure layer for robots and autonomous machines
• Precision positioning - Capability - Decentralized RTK correction data for high-accuracy positioning
• Farms and orchards - Customer Environment - RTK data used in agricultural autonomous equipment
• Factories - Customer Environment - Correction data relevant to industrial and manufacturing automation

Articles

• 2026-04-16 - The drone stack is being rebuilt around the layers beneath the aircraft - A new push is targeting the control, positioning, and communications layers that sit beneath drones, where system integration, infra…