Company: NXNVW
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001213900-25-023287
Chunk: 95

Company: NEXTNAV INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1
Chunk 95
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 either directly or with our customers and partners, and license access to our technologies and the data generated by our networks to our customers. Internationally, we provide equipment, software, and services to our customers to enable them to partner in the operation of our systems in their home markets. The key elements of our strategy include:

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Continue to build on our leadership in complementary PNT. We anticipate that the expanded availability of our systems, especially NextGen, will provide enhanced value to existing customers and open new vertical markets. In addition to our relationship with FirstNet®, built with AT&T, and our public safety offerings, we are continuing to grow our E911 service, including with Verizon, and have licensed our technology to devices operating on the remaining nationwide wireless carriers. In July 2024, we were awarded a contract by the DoT to establish performance characteristics for TerraPoiNT to enable the DoT to incorporate our solutions into a future DoT PNT clearinghouse, which will facilitate purchase of complementary PNT by U.S. Federal agencies. We plan to continue to work closely with the DoT and other agencies, as well as the U.S. Congress, to drive our PNT solutions to become a critical component of national complement and backup capabilities for GPS.   

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Evolve our system to be fully aligned with 5G NR standards. Evolving the technical foundation of our system to 5G NR will allow us to provide high-quality PNT services in conjunction with 5G broadband services. We anticipate that this may allow us to significantly increase the scope of potential customers and partners, reduce our time to market, improve the geographic coverage of our business, and align our operations with the mainstream global cellular ecosystem. Collectively, we anticipate these benefits will increase the potential reach of our services. We expect to operate our NextGen PNT services in partnership with one or more broadband partners.      

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 Pursue the completion of our petition before the FCC to modernize rules governing the Lower 900 MHz band. It is a priority of the Company to secure appropriate regulatory approvals to maximize the use of our spectrum and enable the delivery of a widescale complementary PNT solution over a 5G NR broadband deployment. We are engaged with the FCC, stakeholders in the Lower 900 MHz band, and other stakeholders in the industry in seeking to ensure the availability of wide-scale complementary PNT services.       

Industry Background

PNT services are used in nearly every facet of our economy. Cellular and