An Australian startup specializing in GPS-alternative navigation technology has raised $110 million in new funding, achieving unicorn status as it prepares to expand operations across the United States and Europe. The company's technology enables aircraft, ships, and other vehicles to navigate reliably in GPS dead zones, addressing a critical challenge for transportation and logistics industries.

Silicon Valley investors have backed the funding round, recognizing the growing demand for resilient navigation systems as GPS jamming and spoofing threats increase globally. The startup's solution provides backup positioning capabilities that work when traditional satellite signals are unavailable or compromised, making it valuable for military, commercial shipping, and aviation applications.

The fresh capital will fuel the company's international expansion strategy, with executives targeting key markets where GPS reliability remains a persistent concern. The startup joins a small but growing cohort of Australian technology companies achieving billion-dollar valuations, signaling the country's rising prominence in global innovation.