Centimetre-accurate positioning, at a fraction of the incumbent price
$7.3M
annual recurring revenue from paying customers
Precise positioning is the invisible input to precision agriculture. Centimetre-accurate RTK corrections have historically cost $500 to $5,000 a year from a handful of incumbents, which prices out exactly the smallholder farmers and small surveying firms who would benefit most, particularly across the Global South.
GEODNET is a network of over 21,000 independently owned reference stations across 170+ countries, and it sells those corrections at a fraction of incumbent pricing. It reported $7.3 million in annual recurring revenue as of December 2025, with more than 50 enterprise customers including DJI, DroneDeploy, Quectel and Propeller.
Unusually for this category, the network has been written up in NAVIGATION, the peer-reviewed journal of the Institute of Navigation, and is audited quarterly by Messari.
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