Los Angeles CA (SPX) Oct 09, 2025 TERN has closed a $7.5 million Seed Extension to accelerate deployment of its Independently Derived Positioning System (IDPS), an AI-driven, satellite-free navigation technology for commercial and defense customers. Investors include Scout VC, Vanderbilt Endowment, Shadow Capital, Bravo Victor VC and others. The company is advancing in the U.S. Army's xTechOverwatch competition, highlighting dua
