NN NEXTNAV INC

NextNav Unveils First European Testbed for High-Accuracy Vertical Location Technology

NextNav Unveils First European Testbed for High-Accuracy Vertical Location Technology

Testbed for Pinnacle Technology is First Milestone to Providing a Resilient 3D PNT Capability in Europe

NEUILLY-SUR-SEINE, France, June 22, 2023 (GLOBE NEWSWIRE) -- NextNav, a global leader in next-generation GPS, has announced the first European commercial testbed for its high-accuracy Pinnacle vertical location technology. Operating in the Paris area in France, the testbed will demonstrate the benefits Pinnacle can bring to local emergency response agencies and integration with applications and devices from existing NextNav partners.

NextNav Pinnacle leads the geolocation industry in providing precise floor-level vertical location, which is increasingly important in emergency response. The NextNav testbed near Paris represents the crucial first step in NextNav's vision to offer Europe next-generation 3D GPS services. With a terrestrial-based system, NextNav aims to provide highly accurate 3D position, navigation, and timing (PNT) information - revolutionizing emergency services, logistics, telecommunications and other sectors that rely on precise positioning and timing and are otherwise vulnerable to GPS interference – an increasing concern across the region.

Available across the United States in more than 4,400 cities and towns, and currently being deployed across Japan, NextNav’s Pinnacle technology provides critical “z-axis” data and has been demonstrated in independent testing to deliver 94 percent “floor-level” accuracy - a level unrivaled by any other available technology. In recent years, multiple wireless carriers, devices, and first responder communication companies have selected NextNav to provide z-axis capabilities to enhance first responder situational awareness and provide emergency caller location, reducing response times and saving lives.

"We are delighted to introduce a Pinnacle testbed in the Paris area to show how we address the challenge of vertical location accuracy as a first step towards realizing our vision of next-generation GPS services in Europe," said Ambroise Popper, General Manager and Vice President, NextNav France. "This initial deployment will enable us to demonstrate our Pinnacle technology to industry partners and pave the way for delivering not only superior floor-level accuracy, but also resilient 3D PNT capabilities through a terrestrial-based system in the near future."

The announcement of a testbed in France comes on the heels of the recent which highlighted NextNav’s accuracy in providing floor-level vertical location in addition to its ability to provide a resilient layer for traditional GPS services. As highlighted in the report, traditional GPS systems struggle to provide accurate vertical positioning, particularly in complex indoor and urban environments. NextNav's Pinnacle vertical location technology addresses this critical gap, offering reliable and precise floor-level accuracy that can transform a wide range of industries. The report highlighted NextNav’s vertical location precision during the testing at 1.6m 95% of the time.

The JRC report also recognized that NextNav’s resilient PNT technology, TerraPoiNT, as a mature technology that met or exceeded relevant benchmarks to serve as a resilient layer for existing GPS and GNSS technologies. Previously, in a 2021 report, tests by the US Department of Transportation (DOT) found TerraPoiNT to be the only commercial alternative PNT solution to meet identified needs in “all applicable use case scenarios.”

Source: NN-FIN

About NextNav:

NextNav Inc. (Nasdaq: NN) is a leader in next generation GPS, enabling a whole new ecosystem of applications and services that rely upon vertical location and resilient geolocation technology. The company’s Pinnacle network delivers highly accurate vertical positioning to transform location services, reflecting the 3D world around us and supporting innovative, new capabilities. NextNav’s TerraPoiNT network delivers accurate, reliable, and resilient 3D positioning, navigation and timing (PNT) services to support critical infrastructure and other GPS-reliant systems in the absence or failure of GPS.

For more information, please visit or follow NextNav on Twitter or LinkedIn.

Contact



EN
22/06/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NEXTNAV INC

 PRESS RELEASE

NextNav Inc. Reports First Quarter 2025 Results and Operational Highli...

NextNav Inc. Reports First Quarter 2025 Results and Operational Highlights FCC releases Notice of Inquiry (NOI) with bipartisan 4-0 vote NextNav Announces Appointment of Rear Admirals H. Wyman Howard and Lorin Selby to its Board of Directors RESTON, Va., May 09, 2025 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported its financial results and operational updates for the quarter ended March 31, 2025. “During the quarter we saw continued FCC momentum with a unanimous vote in March to furth...

 PRESS RELEASE

NextNav to Participate in Upcoming Investor Conferences

NextNav to Participate in Upcoming Investor Conferences RESTON, Va., May 07, 2025 (GLOBE NEWSWIRE) -- NextNav Inc. (the "Company" or “NextNav”) [NASDAQ: NN], a leader in next-generation positioning, navigation, and timing (“PNT”) and 3D geolocation, today announced that Chief Financial Officer, Chris Gates, will participate in the following upcoming conferences: 20th Annual Needham Technology, Media, & Consumer 1x1 Conference on May 9 and 12, 2025. Mr. Gates will participate in virtual one-on-one meetings with investors. B. Riley Securities 25th Annual Investor Conference on May 21-2...

 PRESS RELEASE

NextNav Announces Appointment of H. Wyman Howard and Lorin Selby to it...

NextNav Announces Appointment of H. Wyman Howard and Lorin Selby to its Board of Directors RESTON, Va., April 16, 2025 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN), a leader in next-generation position, navigation and timing (PNT) and 3D geolocation, today announced that its board of directors has elected Rear Admiral H. Wyman Howard and Rear Admiral Lorin Selby to serve as board members, effective May 1, 2025. “We are honored to welcome Rear Admiral Howard and Rear Admiral Selby to the NextNav Board of Directors,” said Mariam Sorond, NextNav’s Chief Executive Officer and Board Chair. “...

 PRESS RELEASE

Update: NextNav Announces Date for First Quarter 2025 Earnings Call

Update: NextNav Announces Date for First Quarter 2025 Earnings Call RESTON, Va., April 14, 2025 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing (PNT) and 3D geolocation, today announced that it will release its financial results for the first quarter ended March 31, 2025 before market open on Friday, May 9, 2025, and will host a conference call on the same day at 9:00 AM ET to discuss its results. Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: . ...

 PRESS RELEASE

NextNav Announces Date for First Quarter 2025 Earnings Call

NextNav Announces Date for First Quarter 2025 Earnings Call RESTON, Va., April 14, 2025 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing (PNT) and 3D geolocation, today announced that it will release its financial results for the first quarter ended March 31, 2025 after the market closes on Wednesday, May 7, 2025, and will host a conference call on the same day at 5:00 PM ET to discuss its results. Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: . ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch