NextNav Announces Major Milestone Towards Commercialization of 5G PRS-Based 3D PNT Solution
Company moves closer to delivering a 5G-powered terrestrial complement to GPS, addressing an urgent national security need
NextNav Inc. (NASDAQ:NN), a leader in next-generation terrestrial positioning, navigation, and timing (PNT) and 3D geolocation solutions, today announced the company has successfully advanced its NextGen PNT solution commercialization path operating on standard 5G network equipment. This development represents a major milestone towards enabling the final steps towards a widescale commercial 5G-powered 3D PNT solution, which will be highlighted next week at MWC Las Vegas.
"This latest achievement highlights the seamless integration of NextNav's technology and 5G, reinforcing the scalability and practicality of a resilient terrestrial complement to GPS," said Sidd Chenumolu, Chief Business Development Officer. "We have proven the technology with standard 5G equipment and look forward to the opportunity to completing the final steps to commercialization."
NextNav completed demonstrations using Lekha Wireless Solutions 5G base stations with Positioning Reference Signal (PRS) enabled. The partnership with Lekha Wireless Solutions, a commercial 5G infrastructure equipment supplier, brings PNT capabilities in the NextNav spectrum band.
The demonstration delivered accurate timing and positioning information via PRS transmissions while simultaneously delivering both downlink and uplink data transmissions. These capabilities align tightly with NextNav's broader solution of utilizing standards-based 5G PRS in lower 900 MHz band spectrum for terrestrial PNT and combining it with barometric pressure sensors for vertical accuracy.
"Demonstrating these capabilities on commercial 5G equipment is a critical step towards integrating this solution into networks, a hallmark of NextNav's 3D PNT architecture," said NextNav Co-Founder and CTO, Arun Raghupathy. "It shows that our PNT solution can be deployed efficiently using existing 5G equipment, delivering accurate timing and positioning information along with simultaneous 5G data."
At MWC Las Vegas, NextNav will showcase these developments as well as an interactive demonstration of the company's Pinnacle technology. Together highlighting how vertical location transforms government, public safety, and commercial applications. Visit NextNav at booth #96 to hear how the company is delivering Nation Critical, Life Critical, and Business Critical solutions.
About NextNav
NextNav Inc. (NASDAQ:NN) is a leader in next-generation 3D Positioning, Navigation, and Timing (PNT) solutions. As the nation's largest license holder in a spectrum band expressly designated for terrestrial positioning services, NextNav is uniquely positioned to enable a widescale terrestrial complement and backup to GPS. Leveraging licensed low-band spectrum and the global 5G ecosystem, NextNav is focused on delivering an accurate, reliable, and resilient 3D PNT solution to protect national security, public safety, and the economy. Learn more at www.nextnav.com.
For more information, please visit https://nextnav.com/ or follow NextNav on X at https://x.com/NextNav or LinkedIn at https://www.linkedin.com/company/nextnav/.
Forward-Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including without limitation, statements about the redemption of the Existing Notes. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks include, but are not limited to, those related to the Company's ability to complete the transactions on the proposed terms or on the anticipated timeline, or at all. These forward-looking statements speak only as of the date of this press release, and the Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Readers are directed to the Company's periodic and other reports filed with the Securities and Exchange Commission (the "SEC") for a description of such risks and uncertainties. The Company undertakes no obligation to update any forward-looking statements. In evaluating those statements, you should specifically consider various factors, including the risks and uncertainties discussed in the Company's Annual and Quarterly Reports on Forms 10-K and 10-Q and in other reports the Company files with the SEC. Actual events or the Company's actual results may differ materially from the forward-looking statements.
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