NextNav went public via a merger with Spartacus Acquisition in a $900m deal.

NextNav, the developer of Metropolitan Beacon System, a wide area location and timing technology, went via a merger with Spartacus Acquisition, a special purpose acquisition company, in a $900m deal. “Reaching this milestone represents a culmination of a decade plus of innovation and a focus on creating industry leading 3D geolocation technologies that are more accurate, resilient and available. I am extremely proud of the hard work and dedication of our entire team, along with our customers, partners and investors in helping us get to this point. We are excited by the future and look forward to unlocking the potential of next generation GPS and 3D geolocation across a broad spectrum of applications and services – including public safety, Emergency 911, gaming, app and data analytics market segments not only in the US but globally," Ganesh Pattabiraman, NextNav Co-Founder, CEO and President.