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Developer of L5 GNSS Signal Receiver Gains Further Investment From Dcode Capital

Dcode Capital, a J.P. Morgan Asset Management-backed company, announced a fourth investment from its inaugural fund in oneNav. Dcode Capital said Thursday that oneNav is the inventor of a Global Navigation Satellite System receiver that exclusively works with the L5 signal, an upgrade to legacy Global Positioning System signals that offers greater location accuracy while being harder to jam or spoof – qualities that suggest potential applications for the U.S. Department of Defense.

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