Slide 1: Strengthening the National Positioning, Navigation, and Timing (PNT) Infrastructure
Strengthening the National Positioning, Navigation, and Timing (PNT) Infrastructure Investor Presentation
Slide 2: Disclaimer
Disclaimer Industry and Market Information Forward-Looking Statements Information contained in this Presentation concerning NextNav’s industry and the markets in which This Presentation and any oral statements made regarding the subject of this Presentation include it operates, including NextNav’s g
Slide 3: Investment Highlights
Investment Highlights Next-generation 5G-based 3D PNT Valuable spectrum asset with ideal propagation characteristics to power PNT and broadband World-class management, board, and shareholders with leaders in national security, wireless, and location services Leading customers & partners, including A
Slide 4: Terrestrial GPS Complement & Backup is Urgently Needed
Terrestrial GPS Complement & November 2024 Backup is Urgently Needed “A day without GPS would wreak havoc.” Former Reps. Greg Walden and Loretta Sanchez for Broadband Breakfast April 2025 “A day without accurate and available PNT services is a scenario the U.S. • GPS provides PNT services, on which
Slide 5: NextGen 5G-based 3D PNT Vision
NextGen 5G-based 3D PNT Vision Leverages spectrum asset in the Lower 900 MHz band PNT network based on 5G NR and aligned with 3GPP global standards Goal is future-proof complement and backup to GPS, available at wide scale including indoor and urban areas 2026 NextNav, Inc. Confidential. 5
Slide 6: NextNav's Solution
NextNav’s Solution Consensus that the US needs a system of systems to back 1 up and complement GPS, including a terrestrial component Economics of at-scale, stand-alone terrestrial network 2 do not work NextNav proposal uses NextNav’s Lower 900 MHz licenses, 3 in partnership with a 5G network provid
Slide 7: NextNav Spectrum: Scarce Resource Ideal for 5G-based 3D PNT & Broadband
NextNav Spectrum: Scarce Resource Ideal for 5G-based 3D PNT & Broadband Widescale Geographic Licenses Optimized Band Plan Powerful PNT Platform • Attract and retain high-value subscribers • The total value of the GPS complement and backup is $14.6 billion(2) • Strategic asset, improves national secu
Slide 8: NextNav's Band Optimization Proposal
NextNav’s Band Optimization Proposal Current band plan: 14 MHz for M- LMS M-LMS LMS LMS M-LMS NN licensed Multilateration Location & and Monitoring Service (M-LMS). LMS 902 904 909.75 919.75 921.75 928 Proposed optimized band plan: Paired 5+10 MHz blocks 5G LMS 5G suitable for PNT and 5G. 5G operati
Slide 9: Use Cases Illustrate Need for Terrestrial GPS Complement and Backup
Use Cases Illustrate Need for Terrestrial GPS Complement and Backup Government Commercial • E911 caller position • Logistics and transport tracking • Smart city asset tracking • Enterprise asset tracking • Military asset tracking • Lone worker and worker safety Positioning tracking • Consumer tracki
Slide 10: Overview of NextNav's 5G-based 3D PNT Network Architecture
Overview of NextNav’s 5G-based 3D PNT Network Architecture NextGen PNT network: • NextNav’s PNT network will be seamlessly and efficiently integrated into 5G networks Capable of leveraging partners’ 5G network facilities (e.g., towers, backhaul, and core network) Topology that resembles other 5G
Slide 11: NextNav's FCC Petition for Rulemaking
NextNav’s FCC Petition for Rulemaking SpaceX filed ex-parte in NextNav’s proceeding, urging the FCC to NN files supplemental Brattle encourage fast investments to put Group report establishing scarce low- and mid-band FCC issues Public Notice that NN’s proposal would spectrum to use for terrestrial,
Slide 12: The Brattle Group Issues Economic Report
The Brattle Group Issues Economic Report Report finds total quantified value of having a terrestrial backup to GPS is $14.6 billion Estimate of potential U.S. economic loss for a Adopting NextNav’s proposal could prevent GPS outage: an economic loss of: 1 Day Outage: $1.6 B $663 M 7 Day Outage: $12.
Slide 13: Robust Balance Sheet
Robust Balance Sheet • As of June 30, 2026, NextNav held approximately $228.8 million in cash, cash equivalents, and marketable securities. In addition, approximately $69.3 million of warrant exercise proceeds were recorded as other current assets as of June 30, 2026, which were subsequently collect
Slide 14: Experienced Leadership Team
Experienced Leadership Team Mariam Sorond Tim Gray Susan Insley Jim Black John Kim Chief Executive Officer Chief Financial Officer Chief Operating General Counsel Senior VP of Technology Officer Development 28+ years of experience 30+ years of experience 25+ years of experience 20+ years of experien
Slide 15: Board of Directors
Board of Directors Mariam Sorond Bandel Carano Lisa Hook H. Wyman Howard III Alan Howe Board Chair and CEO Proven track record Managing Partner Seasoned technology, Retired from the U.S. Navy in Extensive operational of success to further at Oak Investment Partners policy, and national security Sept
Slide 16: Board of Directors (continued)
Board of Directors (continued) Jon Marcus John Muleta Nicola (Nicki) Palmer Lorin Selby Neil Subin Chairman of Alimco CEO of ATELUM LLC, Technology executive with Retired as Rear Admiral from Chief Investment Officer for Financial Corp. (“Alimco”) a technology transfer firm 30 +years of experience t
Slide 17: Thank You
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