GEODNET operates a decentralized GNSS network that provides centimeter-level positioning data to AI-driven devices, including drones, robotics, and autonomous vehicles. The project utilizes a DePIN model where independent operators install base stations to earn GEOD token rewards.
As of September 30, 2026, the network includes over 22,000 base stations across 174 countries. The company reported $2.8 million in revenue for the third quarter of 2026, serving more than 150 enterprise customers. The project directs approximately 80% of its revenue toward the buyback and burning of its native GEOD token, which operates on the Solana blockchain.
The company, founded around 2021, previously raised $8 million in a strategic funding round led by Multicoin Capital in February 2025. At CES 2026, GEODNET introduced two new hardware products, GEO-MEASURE and GEO-PULSE, to further expand its positioning capabilities.
