NextNav是一家拥有900MHz低频段无线频谱的公司。从历史上看，他们一直未能充分利用这些频谱，因为FCC将其许可严格限定于定位和监控服务。
Nexnav is a company that owns um wireless spectrum in the lower 900 band. And historically they have not really been able to do much with that spectrum because it is licensed by the FCC very specifically for location and monitoring services effectively.
我们可以通俗地将其理解为GPS的替代品，他们的主要产品是美国GPS系统的备份。
I mean we could think about that in layman's terms as for you know GPS equivalents and their main product is a backup to the GPS system um in the United States.
无论如何，NextNav拥有这些目前未充分利用的频谱。他们已向FCC申请许可，将其频谱用于5G移动通信。如果获得FCC的许可，这些频谱的价值将大幅上升，可以说是成倍增长。
In any case, NextNav has this spectrum which is being underused at the moment. They have applied for permission from the FCC to use their spectrum for 5G mobile communications. If they get permission from the FCC, the value of that spectrum goes up quite a bit. um like multiples I should say.