NextNav Inc. (NextNav) is engaged in delivering positioning, navigation and timing (PNT) solutions that overcome the limitations of existing space-based global positioning systems (GPS). The Company is focused on developing geolocation services utilizing vertical location services. NextNav delivers differentiated PNT solutions through its network-based Pinnacle and TerraPoiNT solutions. NextNav Pinnacle uses accurate vertical positioning to transform location services, so they reflect the full 3D location at a national scale. NextNav's TerraPoiNT system keeps critical infrastructure resilient with reliable PNT services in the absence of GPS. Its pinnacle system provides floor-level altitude service to any device with a barometric pressure sensor, including Android and iOS smartphones. It also provides advanced geolocation solutions to Internet of Things (IoT) modem and digital signal processor vendors and end IoT users. Its target customers include application developers and others.
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