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About NEXTNAV INC.
NextNav, Inc. develops next-generation positioning, navigation, and timing solutions. The company is headquartered in Reston, Virginia and currently employs 111 full-time employees. The company went IPO on 2021-10-29. NextNav delivers differentiated PNT solutions through its network-based Pinnacle and TerraPoiNT solutions. Pinnacle is its z-axis service, a vertical positioning network to cover the entire metropolitan area. Its Pinnacle system provides accurate altitude service to any device with a barometric pressure sensor, including most off-the-shelf Android and iOS smartphones, appropriately specified internet of things (IOT) devices, as well as vehicles and other equipment. TerraPoiNT system is a terrestrial-based, encrypted network designed to overcome the limitations inherent in the space-based nature of GPS. The company also provides advanced geolocation solutions to IoT modem and digital signal processor vendors and end IoT users. Its customers include wireless carriers, applications developers, and others.
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