Slide 1: Welcome to NextGen PNT
Slide 2: NextGen PNT Solution
NextGen PNT Solution PNT Network Based on 5G NR and Aligned with 3GPP Global Standards Leverages Spectrum Asset in the Lower 900 MHz band Goal is Single Digit Positioning Accuracy § Everywhere Including Indoors and Urban Areas
Slide 3: Need for a Terrestrial GPS Complement and Backup is Increasingly Urgent
Need for a Terrestrial GPS Complement and Backup is Increasingly Urgent * GPS provides PNT services, on which the United States relies for telecommunications, power grids, financial transactions, maps and more. * But, satellite-based systems, like GPS, have coverage limitations indoors and in urban
Slide 4: Summary of NextNav's Proposal
Summary of NextNav’'s Proposal R NEXTNAV Current Situation: * Consensus that the United States needs a terrestrial backup and complement to GPS for positioning, navigation, and timing (PNT) - GPS, and other space-based PNT systems are vulnerable and have coverage limitations indoors, in urban canyon
Slide 5: Use Cases Illustrate Need for Terrestrial GPS
Use Cases Illustrate Need for Terrestrial GPS Complement and Backup ‘Other PNT space systems Maps, colestial and ‘other navigation tools, 7 2 0 Local holdover Ground-based ()) Pwrsystems PS Terrestrial ‘transmission of timing Source: Homeland Security Operational Analysis Center (2021) | Government
Slide 6: FCC Petition for Rule Making — Filed April 16, 2024
FCC Petition for Rule Making — Filed April 16, 2024 Follows Court Approval of Agreement to Acquire Spectrum Licenses N NEXTNAV Petition asks FCC to reconfigure band plan and update rules to: 1. Enable a high-quality terrestrial 3D PNT complement and backup to GPS on which nation relies for essential
Slide 7: Overview of NextNav's Rebanding Proposal
N NEXTNAV Overview of NextNav's Rebanding Proposal Current band plan: 14 MHz in three blocks (A, B, C) per EA for “Multilateration Location and Monitoring Service” (M-LMS) ws ws 902 904 909.75 919.75 921.75 NextNav holdings (including proposed acquisition announced March 2024) wns [WW ee [NW ws i! 2
Slide 8: NextGen PNT network integrated with 5G
& Partner 5G Core Network Partner Radio Access Network ne * NextGen PNT network: * NextNav's PNT network will be seamlessly and efficiently integrated into a 5G network -Capable of leveraging partners’ 5G network facilities (e.g., towers, backhaul, and core network) -Topology that resembles other 5G
Slide 9: Investment Highlights
Investment Highlights Next Generation PNT solution based on SG Deep Asset Base IP, spectrum and deployed networks Robust Balance Sheet Funded for multiple years into the future Valuable Spectrum Asset Ideal propagation characteristics to power PNT and broadband >$100 Billion Leading Customers & tota
Slide 10: 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 11: NextNav: Next Generation PNT
N NEXTNAV Next Generation PNT