Defence Blog · Apr 2026
Reports a March 2026 long-duration flight test over central Florida, including a median horizontal error figure and no mid-flight reinitializations.
Public company, workplace, funding, and market signals
Theseus is a San Francisco-based defense-tech company building software-first visual positioning for drones in GPS-denied environments, combining camera imagery, map matching, and onboard sensors to replace or spoof GPS for autonomous flight.
Primary product
Cyclops / Micro Visual Positioning System (Micro VPS)
Founded
2024
Headquarters
San Francisco, California, United States
Team size
1-10
Industry
Defense and Space Manufacturing
Sub-industry
GPS-denied drone navigation / visual positioning systems
Offices
0 jobs at Theseus
Check back later for new openings
Business model
Stage
seed
Total raised
$4.9M
Latest round
Seed · Apr 2025
Latest amount
$4.3M
Leadership
Chief Executive Officer
Chief Technology Officer
Venture Partner
Founders
Co-Founder
Small-team, high-ownership, fast-moving, and intensely mission-driven; the company emphasizes rapid iteration, field testing, and shipping software for real-world contested environments.
Visa sponsorship
No
Compensation
Public job postings show roughly $120K-$180K for localization engineers, $160K-$220K for senior software engineers, and $220K-$350K for staff software engineers, with roughly 0.1%-1.0% equity depending on role. Current postings say US citizens/visa holders only.
Benefits
Pricing
Primarily enterprise and defense contract sales, with software licensing implied by public job posts and product activation/licensing docs.
Differentiators
Technology
Customers
Competitors
Defence Blog · Apr 2026
Reports a March 2026 long-duration flight test over central Florida, including a median horizontal error figure and no mid-flight reinitializations.
TechCrunch · Apr 2025
Covers the company’s formation from a viral hackathon tweet, its YC acceptance, the $4.3M seed round led by First Round Capital, and early testing with U.S. Special Forces.
Theseus blog · Apr 2025
Official announcement of the $4.3M seed round and product positioning for Micro VPS as a GPS replacement for drones.
Y Combinator · Mar 2024
YC company profile describing the product, founders, and early company positioning for GPS-denied drone navigation.
Y Combinator Launch · Mar 2024
Launch post describing the Visual Navigation System architecture and use of cameras, IMU, and pre-loaded satellite imagery.