Category: NextNav

NextNav raises $120M to deploy its indoor positioning tech to find people in skyscrapers
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NextNav raises $120M to deploy its indoor positioning tech to find people in skyscrapers

NextNav LLC has raised $120 million in equity and debt to commercially deploy an indoor positioning system that can pinpoint a device’s location — including which floor it’s on — without GPS . The company has developed what it calls a Metropolitan Beacon System, which can find the location of devices like smartphones, drones, IoT…

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