Company: NXNVW
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001213900-25-023287
Chunk: 102

Company: NEXTNAV INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1
Chunk 102
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 ATSC 3.0, which is not
universally adopted by broadcasters, and has an uncertain adoption pipeline
among consumer electronics manufacturers and industry stakeholders. 

Subject to appropriate regulatory approvals, we believe that our NextGen solution offers the most economically viable wide-scale, terrestrial complement and backup to GPS that can be adopted in consumer devices such as smartphones. Because our NextGen solution leverages 5G broadband, we anticipate the capital expenditures associated with the network deployment will be associated with our future 5G partnerships, and we do not plan to seek Federal appropriations for the deployment of our NextGen system. While no single solution can complement and backup all GPS use cases, we believe that we offer an important component to securing the nation’s PNT infrastructure. 

Intellectual Property

Our ability to drive innovation in PNT services depends in part upon our ability to protect our core technologies and intellectual property. We rely upon a combination of patent, trademark, and trade secret laws in the United States and abroad, as well as license agreements and other contractual protections. In addition, we seek to protect our intellectual property rights through nondisclosure and invention assignment agreements with our employees and consultants and through non-disclosure agreements with business partners and other third parties.

We regularly file applications for patents and have a significant number of patents in the United States and other countries where we do business.

As of December 31, 2024, we had approximately 149 issued patents domestically and internationally, which includes approximately 129 issued patents in the U.S. In addition, we had approximately 82 pending patent applications, which includes approximately 43 pending patent applications in the U.S.

Sales and Marketing

We sell our solutions directly to customers or through partners. For example, we maintain an equity interest in our partner in Japan, MetCom, to operate our high-quality PNT systems for commercial services. Additionally, we expect existing customers to expand their contracts with us for the deployment of additional services. New service offerings and product features will be introduced over time to increase market share and grow the total addressable market for our services.

Our marketing strategies are focused on supporting sales growth by (i) driving awareness; (ii) developing comprehensive sales and marketing content; and (iii) scaling our efforts with our partners and customers. We drive awareness for our solutions and our customers’ successes through communications efforts and participation to leading industry standards.

Research and Development

 We have significant in-house capabilities in the engineering and development of location-based technology. The services