Company: NXNVW
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001213900-25-023287
Chunk: 97

Company: NEXTNAV INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1
Chunk 97
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 resilience and anti-jamming capabilities. According to Brattle, the total quantified value of a GPS backup is $14.6 billion.

Meanwhile, 5G NR technologies are also driving enhanced network performance, capacity, and efficiency across multiple industry verticals. 5G NR enables low-latency, high-throughput connectivity. The technology also improves spectral efficiency, which allows operators to increase returns on investment in licensed spectrum, and, in NextNav’s case, to improve both the density and availability of PNT signals. The technology can also support many different applications, including ultra-reliable low-latency communications (URLLC), enhanced mobile broadband (eMBB), and massive machine-type communications (mMTC). These capabilities permit 5G NR to support high-performance broadband services as well as emerging use cases in autonomous systems, industrial automation, and the Internet of Things (IoT). 

Our Solutions

Our location systems have been engineered to provide comprehensive solutions to the limitations and vulnerabilities inherent in GPS and other satellite-based services. Key GPS limitations include:

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Low signal strength resulting in poor building/indoor penetration, limitations in urban areas;    

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Vulnerability to jamming;    

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Poor vertical accuracy in most devices, which impacts any service where altitude is relevant (e.g., multi-level structures, vertical separation in low-altitude aviation);    

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The primary consumer GPS signal is unencrypted, resulting in poor location security and spoofing;    

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Inherent physical vulnerability due to few, isolated transmitters; and    

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Single point of failure for a wide range of PNT services.    

Our service platforms include Pinnacle, our altitude (z-axis) solution, TerraPoiNT, which is similar to a terrestrial GPS constellation, and we are developing NextGen, which is being designed to bring complementary, high-quality PNT capabilities to a standards-based 5G NR broadband platform. We expect our NextGen solution to offer wide-scale service, be inherently secure and provide broad service access to appropriately-equipped devices that use location services, including consumer devices such as smartphones.

NextGen

We are evolving our operations to NextGen, which utilizes 5G NR technology. Once fully realized, we expect 5G NR-based NextGen services to result in wide-scale geographic deployment and broad 5G device compatibility. PNT systems are the core services provided by GPS, and NextGen can be thought of as a shared, land-based GPS satellite constellation, operating simultaneously with 5