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Stock impact report

NextNav Advances Commercial 5G-based 3D PNT Solution in Expanded Partnership with Japan’s MetCom

NextNav Inc. (NN) 
Company Research Source: Business Wire
Partnership reflects global demand for resilient, terrestrial PNT solutions and a major commercial deployment of NextNav's 5G-based 3D PNT technology RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (Nasdaq: NN), a leader in next-generation terrestrial positioning, navigation, and timing (PNT) and 3D geolocation solutions, today announced an expanded strategic and technology partnership with Tokyo-based MetCom, Inc. The collaboration marks the first international partnership built on NextNav’s 5G-based 3D PNT solution, underscoring growing global demand for terrestrial complements to Global Navigation Satellite Systems (GNSS) like GPS.As part of the agreement, MetCom has licensed NextNav’s 5G-based 3D PNT technology — including 5G waveform and receiver technologies — to initially power a new generation of terrestrial timing services in Japan’s largest metropolitan areas. The partnership integrates NextNav’s world class PNT expertise with MetCom’s deep experience in building nationwide se Show less Read more
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