GeoNet's customers include John Deere for its GUS spraying systems, TomTom for autonomous vehicle maps, and DJI for drones.

GeoNet operates the world's largest RTK network with 22,000 base stations, roughly twice the combined size of competitors Trimble, Hexagon, and Topcon.

The average GeoNet customer increases their annual spending from approximately $60,000 in the first year to $170,000 in the second year.

GeoNet's Real-Time Kinematics (RTK) network provides geolocation with 2-centimeter precision, approximately 100 times more accurate than standard GPS.

GeoNet has achieved an annualized revenue run rate of $11 million and is growing more than 3x year-over-year.

The GEOD token trades at a fully diluted market capitalization of approximately $150 million.

GeoNet uses 80% of its revenue, currently $8.8 million per year, to buy back its GEOD tokens on the open market via the Solana blockchain.