April 19, 2014 6:33 AM ET

Internet Software and Services

Company Overview of NextNav, LLC

Company Overview

NextNav, LLC provides indoor and urban location services. It offers location and height information, as well as differential barometric pressure measurements. NextNav, LLC was formerly known as Commlabs, Inc. The company was incorporated in 2007 and is based in Tyson's Corner, Virginia. It has locations in Sunnyvale, California; Tyson's Corner, Virginia; and Bengaluru, India.

7926 Jones Branch Drive

Suite 500

Tyson's Corner, VA 94085

United States

Founded in 2007

Phone:

703-847-0684

Key Executives for NextNav, LLC

Chief Executive Officer and Director
Co-Founder and Vice President of Engineering
Co-Founder and Vice President of Engineering
Chief Information Officer and Vice President
Compensation as of Fiscal Year 2013.

NextNav, LLC Key Developments

NextNav and Broadcom Sign Technology License Agreement to Drive Broad Availability of Ubiquitous High Accuracy Indoor and Vertical Positioning

NextNav announced that Broadcom Corporation has acquired a commercial license to NextNav's Metropolitan Beacon System (MBS) technology. This agreement enables Broadcom to integrate NextNav's advanced location technology into its mass-market global navigation satellite system (GNSS), connectivity and mobility platforms. MBS is an innovative terrestrial constellation, which brings GNSS-like performance to indoor and urban environments where satellite-based positioning is either unavailable or significantly degraded. NextNav's MBS shares many operating principles with GNSS satellite constellations, but because the NextNav beacons are installed terrestrially instead of in space, there is sufficient signal strength to function reliably indoors and in urban markets where a clear view of the sky is unavailable. MBS is deployed much like a cellular network, to provide consistent indoor positioning to every building within a covered metropolitan area. Further, MBS offers both accurate horizontal positioning and highly accurate altitude information, a particularly important capability for the urban and indoor areas where GNSS systems tend to be most challenged.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 15, 2013
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