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January 15, 2020
Press Release

NextNav Raises $120 Million in Latest Round of Funding to Launch Phased 3D Geolocation Services Across U.S.

Financing led by Fortress, Joined by Existing Investors

 

Sunnyvale, CA – January 15, 2020 – NextNav, LLC, the leader in 3D geolocation services, today announced it raised $120 million in debt and equity financing. Funds managed by affiliates of Fortress Investment Group, LLC (“Fortress”) led the round, with NextNav’s existing investor base, including Columbia Capital, Telcom Ventures, funds managed by Goldman Sachs Asset Management, L.P., NEA, Oak Investment Partners and Future Fund, all participating. 

November 8, 2018
Press Release
August 14, 2018
Press Release
February 20, 2018
Press Release

Rohde & Schwarz collaborates with NextNav to provide an OTA test solution for MBS-enabled devices

Use of existing satellite and cellular based positioning techniques (A-GNSS, OTDOA, etc.) can be problematic in dense urban areas and almost impossible indoors. For applications like E911 and other mission critical public safety communications, NextNav has developed the Metropolitan Beacon System (MBS) technology based on a dedicated terrestrial positioning network to augment current solutions and enable accurate and secure location of mobile devices.

August 30, 2016
Press Release

NextNav Launches Metro Wide Timing as a Service

NextNav Provides a Scalable and Cost Effective Wide Area Option for Indoor Timing Based on Its Metropolitan Beacon System (MBS) Network

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