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NextNav Highlights Capabilities of its Nationwide Vertical Location Service at International Wireless Communications Expo

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NextNav, a leader in next-generation GPS technology, showcased its innovative vertical geolocation network, Pinnacle, at the recent IWCE conference. VP Gillian Smith stressed the importance of Z-axis adoption for first responders' safety and effectiveness. Pinnacle delivers floor-level altitude measurements exceeding FCC mandates, aiding situational awareness in emergency scenarios. NextNav recently entered a merger agreement with Spartacus Acquisition Corporation (NASDAQ: TMTS, TMTSW, TMTSU), expected to close in Q4 2021, enhancing its market presence.

Positive
  • NextNav's Pinnacle exceeds FCC altitude accuracy requirements, enhancing first responder capabilities.
  • Strategic partnerships with AT&T/FirstNet and Intrepid Networks boost NextNav's service offerings.
  • Merger agreement with Spartacus Acquisition Corporation may lead to increased funding and visibility for NextNav.
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SUNNYVALE, Calif., Sept. 30, 2021 (GLOBE NEWSWIRE) -- This week, NextNav, a leader in next generation GPS, detailed the capabilities of its vertical geolocation network, Pinnacle, at the International Wireless Communications Expo (IWCE), one of largest annual public safety conferences in the nation. Gillian Smith, VP of Marketing at NextNav, participated in a panel session discussing Z-axis, highlighting how NextNav – alongside Intrepid Networks – delivers precise vertical location information to power FirstNet Built with AT&T.

Smith emphasized the need for widespread adoption of Z-axis to better support first responders in carrying out their life-saving missions safely and effectively. The panel session, moderated by Jeff Johnson, CEO of Western Fire Chiefs, included panelists Amos Chalmers from FirstNet Built with AT&T, Britt Kane from Intrepid Networks, and Eddie Reyes from the Prince William County (Virginia) Office of Public Safety Communications.

“NextNav remains committed to supporting first responders with the life-saving geolocation information they need to safely and effectively respond to emergency situations,” said Smith. “Nationwide Z-axis deployment is of the utmost importance. Alongside our partners, AT&T/FirstNet Built with AT&T and Intrepid Networks, as well as public safety community champions, we’ll continue to lead the industry toward more widespread adoption of Z-axis and 3D geolocation solutions that help protect and save lives.”

NextNav Pinnacle delivers floor-level altitude measurements that exceed the FCC mandate for three meter accuracy across over 4,400 U.S. cities and towns. Pinnacle provides incident commanders and first responders with precise location and altitude intelligence, helping to maximize situational awareness and minimize response times to protect and save lives.

NextNav was recently selected by FirstNet, Built with AT&T to provide highly accurate altitude capabilities for first responders. Intrepid Networks also integrated NextNav into its Response for FirstNet® application to bring vertical location to first responders. Additionally, earlier this year, the company partnered with 3AM Innovations to bring Pinnacle’s precise vertical location into the patented Florian platform to improve first responder safety and incident response outcomes.

In June 2021, NextNav entered into a definitive merger agreement with Spartacus Acquisition Corporation (NASDAQ: TMTS, TMTSW, and TMTSU) (“Spartacus”) in a transaction that would result in NextNav being listed on the Nasdaq. The transaction is expected to close in the fourth quarter of 2021, subject to satisfaction of customary closing conditions.

About NextNav

NextNav provides next generation GPS. NextNav Pinnacle uses highly accurate vertical positioning to transform location services so they reflect the 3D world around us. Our revolutionary TerraPoiNT system keeps critical infrastructure resilient with reliable Position, Navigation and Timing services in the absence of GPS. With carrier-grade dependability and a rapidly expanding nationwide service footprint, NextNav is driving a whole new ecosystem for geolocation applications and services.

Contact

Chelsea Hoedl
LaunchSquad for NextNav
NextNav@launchsquad.com

Whit Clay / Erica Bartsch
Sloane & Company
wclay@sloanepr.com / ebartsch@sloanepr.com


FAQ

What is the significance of the NextNav Pinnacle technology for first responders?

NextNav Pinnacle provides precise vertical location information, enhancing the safety and effectiveness of first responders during emergencies.

When is the merger between NextNav and Spartacus Acquisition Corporation expected to close?

The merger is expected to close in the fourth quarter of 2021, pending customary closing conditions.

What are the ticker symbols for Spartacus Acquisition Corporation?

The ticker symbols for Spartacus Acquisition Corporation are TMTS, TMTSW, and TMTSU.

How does NextNav's Pinnacle meet FCC requirements?

NextNav's Pinnacle delivers floor-level altitude measurements that exceed the FCC's three meter accuracy requirement across over 4,400 U.S. cities.

What is the focus of NextNav's panel discussion at the IWCE conference?

The panel discussed the importance of Z-axis technology in improving geolocation for first responders, emphasizing its widespread adoption.

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