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Stock impact report

NextNav Announces Major Milestone Towards Commercialization of 5G PRS-Based 3D PNT Solution

NextNav Inc. (NN) 
Company Research Source: Business Wire
Company moves closer to delivering a 5G-powered terrestrial complement to GPS, addressing an urgent national security need 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 the company has successfully advanced its NextGen PNT solution commercialization path operating on standard 5G network equipment. This development represents a major milestone towards enabling the final steps towards a widescale commercial 5G-powered 3D PNT solution, which will be highlighted next week at MWC Las Vegas.“This latest achievement highlights the seamless integration of NextNav’s technology and 5G, reinforcing the scalability and practicality of a resilient terrestrial complement to GPS,” said Sidd Chenumolu, Chief Business Development Officer. “We have proven the technology with standard 5G equipment and look forward to the opportunity to completing the final steps t Show less Read more
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