NextNav Partners with GCT Semiconductor to Integrate TerraPoiNT Technology

Rhea-AI Summary

NextNav has successfully integrated its TerraPoiNT advanced location technology into GCT's LTE chipset, enhancing GPS-equivalent performance for mass market applications. This partnership aims to improve positioning, navigation, and timing (PNT) services in GPS-challenged environments, particularly indoors and in urban areas. The TerraPoiNT network operates in 47 major markets and provides a resilient PNT layer with signals that are significantly stronger than GPS, minimizing vulnerabilities to jamming. NextNav plans customer trials in coming months to leverage the new capabilities.

Positive

• Successful integration of TerraPoiNT technology into GCT's chipset enhances GPS-equivalent performance.
• Broad market applications for critical infrastructure, IoT, and drone/eVTOL sectors.
• TerraPoiNT network covers 47 major markets, providing strong PNT services.
• Signals are 100,000 times stronger than GPS, reducing susceptibility to jamming.

Negative

• None.

Partnership Will Enable NextNav's TerraPoiNT for Mass Market Applications

MCLEAN, Va., June 21, 2022 /PRNewswire/ -- NextNav, a leader in next generation GPS, announced the successful integration of its TerraPoiNT advanced location technology into GCT's LTE chipset. GCT, a leading designer and supplier of advanced 4G and 5G solutions, will offer resilient 3D GPS equivalent performance into its GDM7243i chip. This integration enables NextNav's TerraPoiNT capability to be brought into mass market applications such as timing for critical infrastructure, position/navigation for cars, IoT, and drone/eVTOL markets in GPS-challenged environments.

"As a leader in multi-system chipset systems, GCT is uniquely positioned to drive innovation in the increasingly important mass market applications for indoor and urban environments," said Jeemee Kim, GCT Chief Technology Officer. "We are pleased to bring our best-in-class technologies together and to support the NextNav TerraPoiNT network with GCT's GDM7243i chipset, which offers flexible architecture, a high fidelity wide area indoor/urban location capability with low power consumption, and connectivity suited for mass market devices."

NextNav's TerraPoiNT terrestrial-based network has an initial footprint across 47 major markets including a commercial scale deployment in the San Francisco market. TerraPoiNT is deployed much like a cellular network, but offers consistent Positioning, Navigation and Timing (PNT) services to every point within a covered metropolitan area, as well as accurate timing, horizontal positioning, and altitude information – particularly important capabilities for urban and indoor areas where GPS systems tend to be most challenged. TerraPoiNT provides a resilient, complementary layer to GPS, with signals 100,000 times stronger and an ability to operate independent of GPS. TerraPoiNT also has signal encryption, making it far less vulnerable to jamming or spoofing as is often the case with GPS signals. With an agile signal design, it can operate on a variety of spectrum bands.

GCT's GDM7243i chipset supports NextNav's TerraPoiNT as well as LTE and GPS solutions, enabling a variety of use cases across positioning, navigation and timing.

• The chipset flexibly supports a range of frequencies including all of the LTE bands worldwide for further implementation across global markets including both the 920-928 MHz spectrum owned by NextNav within the United States, as well as the 855-860 MHz where NextNav's TerraPoiNT operates in Japan.
• The RF front end of the chipset also supports a large signal dynamic range, i.e. from weakest signal below noise floor to strongest signal close to base-station/beacon. This dynamic range is required for a terrestrial system such as TerraPoiNT (complementing GNSS satellite-based signal processing).
• The chipset is designed for ultra low-power consumption and small size for mass market devices.

"We designed TerraPoint to complement GPS/GNSS services and to leverage existing chipset platforms and applications, minimizing implementation costs and easing service adoption," said Dr. Arun Raghupathy, NextNav Co-Founder and Senior Vice President of Engineering. "By complementing TerraPoiNT receivers with commercial GCT chipset capabilities, we've reached a milestone in demonstrating that TerraPoiNT signals can be received on an LTE/GPS capable chipset hardware – all in a compact form-factor suitable for mass market devices. We're thrilled that GCT's scale and proven track record of delivering highly programmable chipsets will ensure broad availability of the high-quality 3D indoor positioning delivered by our TerraPoiNT network. We plan on mass market customer trials and commercial proof of concepts in the coming months leveraging GCT's chipset."

A 2021 Department of Transportation Report highlights the superior performance of NextNav location technology in side-by-side tests. NextNav was the only solution in the DOT test that addressed every use case for position, navigation, and timing, and functioned in all indoor and outdoor PNT scenarios, including airborne 3D positioning. In addition, it was the only technology capable of reporting a valid height or altitude estimate, enabling floor-level positioning.

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 https://nextnav.com/ or follow NextNav on Twitter or LinkedIn.

About GCT

GCT Semiconductor is a leading fabless designer and supplier of advanced 5G and 4G LTE semiconductor solutions. GCT's market-proven solutions have enabled fast and reliable LTE connectivity to numerous commercial devices such as smartphones, tablets, hotspots, USB dongles, routers, M2M applications, etc., for the world's top LTE carriers. GCT's system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G platform solutions with small form factors, low power consumption, high performance, high reliability and cost effectiveness. For more information, visit www.gctsemi.com

Media Contact: media@nextnav.com

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SOURCE NextNav

FAQ

What is the significance of NextNav's partnership with GCT for stock symbol NN?

NextNav's partnership with GCT enhances its TerraPoiNT technology's capabilities, leading to improved positioning and navigation services for mass market applications, which could positively affect its market valuation.

How does TerraPoiNT technology benefit GPS services for NN?

TerraPoiNT technology offers a complementary layer to GPS, providing accurate positioning and timing in challenging environments, which enhances the reliability of navigation services.

What markets does NextNav's TerraPoiNT network cover?

NextNav's TerraPoiNT network has an initial footprint across 47 major markets, including a commercial scale deployment in San Francisco.

What advantages does the GCT chipset offer for NextNav's technology?

The GCT chipset supports flexible frequency ranges and low-power consumption, making it suitable for mass market applications while ensuring high-quality 3D indoor positioning.

When are the customer trials for NextNav's TerraPoiNT technology expected to begin?

NextNav plans to conduct mass market customer trials and commercial proof of concepts in the coming months.