Advanced Navigation raises $110M (PNT = critical autonomy layer)

• Round: $110M Series C
• Focus: GPS-denied navigation, inertial systems 

Why investors care:

• PNT (Positioning, Navigation, Timing) is a mission-critical bottleneck
• High relevance for:
  • Defense (contested environments)
  • Drones / UAVs
  • Maritime autonomy
• This is a “picks & shovels” play with durable demand