NextNav And MetCom Expand Strategic And Technology Partnership; Metcom Licenses NextNav's 5G-Based 3D PNT Technology

Partnership reflects global demand for resilient, terrestrial PNT solutions and a major commercial deployment of NextNav's 5G-based 3D PNT technology

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 service infrastructure in Japan.

MetCom plans to use NextNav's PNT technology to build a terrestrial 5G network and offer timing services as a complement and backup to GNSS, in major Japanese cities utilizing radio licenses currently in process with the Japanese regulatory agencies.