Slide 1: Welcome to Next Generation GPS
Slide 2: Disclaimer
Disclaimer Industry and Market Information Information contained in this Presentation concerning NextNav's industry and the markets in which it operates, including NextNav's general expectations and market position, market opportunity and market size, is based on information from NextNav's managemen
Slide 3: Strategic Priorities
Strategic Priorities Be the Leader Enhance Spectrum Expand Global in Resilient PNT Capabilities Reach
Slide 4: Federal Communication Commission
Federal Communication Commission 2 US Location and Monitoring Services (LMS) Band 1 I Broadband ' Contiguous” ! contiguous 8 megahertz of valuable low band spectrum covering 2.4 's of 900 MHz spectrum d approval for experimental license lows NextNav to deploy and test TerraPoiNT implementation utili
Slide 5: Continued Momentum Towards PNT Resilience
Continued Momentum Towards PNT Resilience * Executive Order 13905 — Calls for federal procurement to include resilient PNT systems. + Expect Order will be released in the coming months. * Government moving forward on strategy of Protection, loughening, and Augmenting GPS, with several initiatives un
Slide 6: Precision Z-Axis for Public Safety
Precision Z-Axis for Public Ly] nexrnay Safety Public Safety Partners SS FIRSTET. Satst verizon’ A Built with ATRT VW PRadioip += GEQCOMM Additional Nationwide ; 4, vente cgunne F U.S. Carrier Contract apidSOS q} RapidDeploy Foonvevan * Enables precise z-axis data for 911 calls made on 2 vitals: VAL
Slide 7: International Developments
International Developments Japan * Japanese Cabinet Deliberating Importance of PNT Resilience + Japanese Government likely to follow US and EU for PNT resilience European Testbed + New European testbed in the area of Paris, France * First for high-accuracy vertical location technology + Demonstrates
Slide 8: Closes $20 Million Additional Debt Financing
Closes $20 Million Additional Debt Financing BY mexrnay Total Gross Proceeds of $70 million Terms: Warrants: Close: Add'l Note Investors: * $50 million aggregate principal amount of 10.00% Senior Secured First Lien Notes due December 2026 + 50% of interest payable in stock at company’s discretion. *
Slide 9: Investment highlights
Investment highlights Next Generation GPS solution Deep Asset Base will sit at the core of IP, spectrum and deployed the app economy networks Robust Balance Sheet Recently bolstered by $70 million financing in 2Q/3Q 2023, multiple years of runway Global Opportunity European actions, and service live
Slide 10: NextNav
N NEXTNAV Next Generation GPS is here.