NextNav Partners with Last Mile to Enhance Asset Tracking

Rhea-AI Summary

NextNav has partnered with Last Mile Technology to enhance asset tracking by integrating NextNav Pinnacle into IoT-powered trackers. This collaboration delivers precise vertical location capabilities, enabling organizations to visualize the three-dimensional movement of critical assets. The improved tracking service is beneficial across various sectors, including construction, logistics, and facilities management. NextNav Pinnacle covers more than 4,400 U.S. cities and is utilized for services like public safety and advertising, reflecting the company's leadership in advanced geolocation technology.

Positive

• Collaboration with Last Mile Technology enhances asset tracking capabilities.
• NextNav Pinnacle provides precise 3D geolocation data for critical assets.
• The service supports multiple sectors including construction and logistics.
• Covers over 4,400 cities and 90% of buildings above three stories in the U.S.

Negative

• None.

Embedded in IoT-powered trackers, NextNav Pinnacle will enable more accurate tracking of critical assets and infrastructure

MCLEAN, Va., April 29, 2022 (GLOBE NEWSWIRE) -- NextNav, a leader in next generation geolocation solutions, has partnered with Last Mile Technology, a provider of proprietary asset movement and sensor event analysis services, to enhance vertical location capabilities of their asset tracking solutions. Organizations can now precisely visualize and understand the three-dimensional movement of business-critical assets to strengthen operations, security, and data-driven decision-making.

With vertical location intelligence powered by NextNav Pinnacle, Last Mile’s Multi-function Asset Tracker – which has an embedded barometric sensor – can now report precise 3D geolocation data of any asset via API, web, or mobile applications. The enhanced service will support asset-tracking use-cases across construction applications, supply chains and logistics, and facilities management, among others, where asset location is critical to business continuity and efficient operations.

“With NextNav, we’re setting a new industry standard for the precise tracking of an organization’s most critical assets – its people and property,” said Scot Kane, founder of Last Mile Technology. “Together, we’re supporting our customers in locating assets no matter where they are – including multi-story structures and beyond – enhancing real time business operations.”

In combining IoT device hardware with purpose-built software, such as NextNav Pinnacle, Last Mile Technology has unlocked unique capabilities in traditional IoT tracking technologies. Specifically, organizations can now precisely track their most valuable assets across geographies without complex and expensive localized on-premise infrastructure or hardware that would otherwise be required to provide precise location intelligence.

“From industrial equipment deployed in the field to infrastructure and assets located on-premise, organizations perform most efficiently and securely when they can understand where assets are in real-time, from anywhere,” said Dan Hight, VP of business development and partnerships at NextNav. “By bringing vertical location capabilities powered by NextNav Pinnacle to IoT asset tracking, we’re empowering organizations to better locate and protect their assets wherever they are and use the data they generate to inform business decisions.”

NextNav Pinnacle covers over 4,400 cities and towns, as well 90% of buildings greater than three stories in the United States. Today, the vertical location network is utilized to power precise vertical location services across industries, including public safety, applications and gaming, and advertising and marketing.

Source: NN-FIN

About NextNav

NextNav (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, reflect the 3D world around us, and support innovative, new technologies. NextNav’s TerraPoiNT network delivers accurate, reliable, and resilient 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.

Media Contacts

NextNav
Mahmood Abu-Rubieh
LaunchSquad for NextNav
nextnav@launchsquad.com

FAQ

What is the partnership between NextNav and Last Mile Technology about?

NextNav has partnered with Last Mile Technology to enhance asset tracking through the integration of NextNav Pinnacle, providing precise vertical location capabilities.

How does NextNav Pinnacle improve asset tracking?

NextNav Pinnacle enhances asset tracking by offering accurate 3D geolocation data, allowing organizations to visualize the three-dimensional movement of their assets.

Which industries benefit from NextNav's vertical location capabilities?

Industries such as construction, logistics, and facilities management benefit from NextNav's vertical location capabilities for improved asset tracking.

How many cities does NextNav Pinnacle cover?

NextNav Pinnacle covers over 4,400 cities in the United States.

What are the applications of NextNav's technology?

NextNav's technology is used in public safety, applications and gaming, and advertising and marketing, among others.