logo
NextNav and Oscilloquartz Partner to Advance 5G Based Timing Solutions for Critical Infrastructure

NextNav and Oscilloquartz Partner to Advance 5G Based Timing Solutions for Critical Infrastructure

Yahoo4 days ago
New collaboration to demonstrate how terrestrial 5G-based timing can provide scalable solutions to complement and backup GPS
RESTON, Va., August 01, 2025--(BUSINESS WIRE)--NextNav, a leader in resilient Positioning, Navigation, and Timing (PNT) technologies, today announced a strategic partnership with Oscilloquartz, an Adtran company and global leader in time synchronization solutions. The companies will showcase how 5G-powered terrestrial PNT and Oscilloquartz's proven timing technology could enable a scalable complement and backup to GPS capable of keeping critical systems like data centers, utilities, and emergency services running during outages.
This collaboration is intended to lead to a complementary and backup timing service layer to GPS, leveraging existing 5G infrastructure to distribute accurate, UTC-aligned time both indoors and outdoors. By fusing Oscilloquartz's best-in-class synchronization equipment with NextNav's terrestrial 5G PNT solution, the partnership will enable greater resiliency by adding an additional timing source to ensure end users are not dependent on a single timing source.
"This partnership is a foundational step toward realizing a systems-of-systems approach to PNT resiliency that helps address an urgent national security and public safety need," said Sidd Chenumolu, Chief Business Development Officer. "Together with Oscilloquartz, we're enabling diverse, standards-based timing sources to ensure continuity and security for critical applications — from emergency services to utilities."
This joint effort responds to a growing market demand for secure, redundant timing solutions amid real-world threats to GPS. By aligning with the ongoing FCC efforts to identify complementary PNT technologies, NextNav and Oscilloquartz are setting the stage to enable a terrestrial 5G-powered 3D PNT solution that advances both private-sector innovation and supports national security priorities.
"Our expertise in delivering resilient synchronization solutions built on diverse cPNT sources makes this collaboration with NextNav a natural fit," commented Gil Biran, GM of Oscilloquartz, Adtran. "Together, we're helping to strengthen national infrastructure with secure, GPS-independent timing that supports continuity even in the face of GNSS disruption."
The demonstration of integrated terrestrial timing will serve as a proof point for 5G-based timing synchronization and serves as a template for future widescale deployments. It's a forward-looking example of how the timing industry and NextNav can work together to reduce reliance on a single source of timing from GPS and increase national PNT resilience.
About NextNav
NextNav Inc. (Nasdaq: NN) is a leader in next-generation 3D Positioning, Navigation, and Timing (PNT) solutions. As the nation's largest license holder in a spectrum band expressly designated for terrestrial positioning services, NextNav is uniquely positioned to enable a widescale terrestrial complement and backup to GPS. Leveraging licensed low-band spectrum and the global 5G ecosystem, NextNav is focused on delivering an accurate, reliable, and resilient 3D PNT solution to protect national security, public safety, and the economy. Learn more at www.nextnav.com.
For more information, please visit https://nextnav.com/ or follow NextNav on X at https://x.com/NextNav or LinkedIn at https://www.linkedin.com/company/nextnav/.
About Adtran
ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) is the parent company of Adtran, Inc., a leading global provider of open, disaggregated networking and communications solutions that enable voice, data, video and internet communications across any network infrastructure. From the cloud edge to the subscriber edge, Adtran empowers communications service providers around the world to manage and scale services that connect people, places and things. Adtran solutions are used by service providers, private enterprises, government organizations and millions of individual users worldwide. ADTRAN Holdings, Inc. is also the majority shareholder of Adtran Networks SE, formerly ADVA Optical Networking SE. Find more at Adtran, LinkedIn and X.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250801778149/en/
Contacts
Investor Contact:IR@nextnav.com
Media Contact:NNmedia@nextnav.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

There's a new 1099-K threshold: What you should know if you get paid via Venmo, Cash App or PayPal
There's a new 1099-K threshold: What you should know if you get paid via Venmo, Cash App or PayPal

Yahoo

time18 minutes ago

  • Yahoo

There's a new 1099-K threshold: What you should know if you get paid via Venmo, Cash App or PayPal

Millions of Americans who sell goods online or use third-party platforms such as PayPal, Cash App or Venmo will soon face new tax reporting rules under changes introduced by the One Big Beautiful Bill Act. The bill, signed into law by President Donald Trump on July 4, brings sweeping tax policy reforms, including a reversal of previously planned 1099-K reporting thresholds. 'The changes will offer much-needed relief for casual sellers and small business owners who use platforms like PayPal, Venmo and Etsy,' says Ella Rivkin, CEO of ERPS Group, an accounting firm in New York City. Prior to the new tax law, the IRS was set to lower the reporting threshold to $600 starting in 2026. That would have dramatically increased the number of taxpayers receiving Form 1099-K. The new law reverses that plan, offering relief to millions. Learn more: Trump's temporary tax breaks: 5 'big beautiful bill' provisions that may not stick around for long Here's how the new 1099-K rules work Under the 'big, beautiful bill,' the 1099-K reporting threshold reverts to $20,000 in payments and 200 transactions in a calendar year, effective for 2025 and beyond. This means fewer taxpayers will receive the forms — a welcome change for those who use platforms like PayPal or Venmo for occasional sales or personal transfers. 'By reinstating the $20,000 and 200-transaction threshold for reporting, the law eliminates confusion and reporting requirements for individuals who occasionally sell personal items,' Rivkin says. The updated rules also eliminate confusion caused by the American Rescue Plan Act, which had lowered the threshold to $600 beginning in 2026. To give third-party settlement organizations more time to comply with the 1099-K reporting requirements, the IRS announced in 2024 a phased-in approach to the reporting rules. Here's a snapshot of the rules before and after the 'big, beautiful' tax law: 1099-K reporting thresholds Before the 'big beautiful bill' Current law 2023 and earlier $20,000+ and more than 200 transactions $20,000+ and more than 200 transactions 2024 $5,000+ $5,000+ 2025 $2,500+ $20,000+ and more than 200 transactions 2026 $600+ $20,000+ and more than 200 transactions 'For the 2024 tax year, the IRS will continue using a $5,000 threshold, which was implemented as a transitional measure away from the $600 rule,' Rivkin says. 'Taxpayers should be aware of the differences in reporting rules for 2024 and 2025.' The new law applies beginning with the 2025 calendar year, which means the updated 1099-K thresholds will apply to tax returns filed in 2026. Companies must issue Form 1099-K by January 31 of the following year. Learn more: If you're a fan of sports betting or casino gambling, you won't be a fan of the new tax law Zelle is an exception While most platforms are required to follow 1099-K reporting requirements, Zelle doesn't fall within that category. 'The Zelle platform directly transfers funds from one bank account to another, similar to a wire transfer,' says Monica Houston, a certified public accountant in Brentwood, Calif. 'Because Zelle never has custody of the funds — it simply moves money — it is not subject to 1099-K reporting requirements,' she says. Learn more: How to use Zelle: A beginner's guide to digital payments Who is likely to receive a 1099-K? Form 1099-K is issued to taxpayers who receive payments for selling goods or providing services through third-party networks. Even if you don't meet the threshold, you may still receive a form, and you are still responsible for reporting all taxable income. Payments received for personal reasons — such as gifts or reimbursements for shared expenses — are not considered taxable and should not be reported on a 1099-K. If you receive a 1099-K in error, contact the issuer and request a corrected version with the erroneous amounts removed. Houston recommends having a clear accounting system to distinguish between personal and business transactions. 'I recommend using an Excel spreadsheet or QuickBooks Online to organize your records,' she says. 'A solid accounting system will help ensure you report income accurately on your tax return.' Learn more: 2025 federal tax brackets and income tax rates How to report 1099-K income on your tax return Form 1099-K can reflect various types of payments, which affect how you report the income on your tax return: Personal sales: If you sell personal items at a loss (e.g., used furniture or electronics), the loss is not deductible, but the income can be excluded. If you make a profit, that amount — less your cost — is taxable. Business income: Freelancers, gig workers and other self-employed individuals should report income on Schedule C. Rental income: If you receive rent payments, report them on Schedule E. Learn more: Estimated tax payments: How much you need to pay, and when Rivkin emphasizes that taxpayers are still responsible for reporting taxable income, even if they don't receive a 1099-K. 'Don't assume everything on a 1099-K is taxable, and don't assume something isn't just because you didn't get a form,' she says. 'If you're reselling personal items at a loss or reimbursing a friend, those are not typically taxable events. Keep good records and consult a tax professional if you're unsure.' Learn more: 5 states with the highest income tax rates— and 5 with the lowest

Trump floats plan to legalize undocumented immigrant farmworkers
Trump floats plan to legalize undocumented immigrant farmworkers

Yahoo

time18 minutes ago

  • Yahoo

Trump floats plan to legalize undocumented immigrant farmworkers

President Donald Trump on Tuesday floated a plan to grant legal status to undocumented immigrant farmworkers, claiming that foreign-born migrants are 'naturally' better suited than 'inner city' Americans to menial agricultural jobs. In what would be a controversial partial break from his hard-line mass deportation plan, Trump said he wants to allow migrant farmworkers, millions of whom have lived in the country for years or decades, to remain in the U.S. indefinitely. 'In some cases, we're sending them back to their country with a pass back (so when) they're coming in, they're coming in legally,' Trump said in an interview with CNBC. 'We can't let our farmers not have anybody.' Trump used the present tense in the interview, even though no such plan currently exists. Any change to federal immigration laws would normally require congressional action, though Trump might seek to take executive action to achieve his goals, which he portrayed as helping farmers who rely on undocumented immigrant labor. Trump asserted that low-income American citizens are not as well suited to tough and low-paying farm work compared to immigrants, without offering any evidence. 'People that live in the inner city are not doing that work. They've tried, we've tried, everybody tried. They don't do it,' Trump said. 'These people do it naturally. They don't get a bad back.' Trump has spoken for months about creating some kind of legal status for undocumented immigrants who work in the agriculture and hospitality industries, both of which are highly dependent on them. He even briefly approved a pause in immigration enforcement actions aimed at California's vast agricultural heartland in the Central Valley, but it was quickly reversed. Big Ag and giant hospitality firms have lobbied the White House for a reprieve from his much-hyped mass deportation plan, which aims to oust up to 20 million undocumented immigrants from the U.S., regardless of how long they have lived here. The corporate titans, many of whom are also Republican donors, point out that America would have no way of feeding itself or running its restaurants and hotels without undocumented immigrants, a rare point of common ground with progressive advocates for immigrants. Any formal program to carve out a new legal status to groups of undocumented immigrants is likely to spark strong opposition from right-wing hard-liners, who decry such compromises as amnesty for law-breaking illegal immigrants. It's unclear if Trump has the stomach to push through a plan to ease his own immigration crackdown or if his MAGA base would back him if he does. _____

MEDIA AND INFLUENCERS INVITED TO GRAND OPENING OF BEACON RAIL DISTRICT - THE FIRST LUXURY APARTMENT COMMUNITY IN FRISCO RAIL DISTRICT
MEDIA AND INFLUENCERS INVITED TO GRAND OPENING OF BEACON RAIL DISTRICT - THE FIRST LUXURY APARTMENT COMMUNITY IN FRISCO RAIL DISTRICT

Yahoo

time18 minutes ago

  • Yahoo

MEDIA AND INFLUENCERS INVITED TO GRAND OPENING OF BEACON RAIL DISTRICT - THE FIRST LUXURY APARTMENT COMMUNITY IN FRISCO RAIL DISTRICT

City of Frisco Representatives in attendance at ribbon-cutting ceremony FRISCO, Texas, Aug. 5, 2025 /PRNewswire/ -- The press and social media influencers are invited to celebrate the official grand opening of Beacon Rail District, the first and only apartment community located in the heart of the Frisco Rail District. Beacon Rail District brings a fresh take on upscale apartment living in Frisco, combining thoughtful design with a strong sense of community. WHO: • John Lettelleir, FAICP, Director of Development Services, City of Frisco• Representatives from the Frisco Mayor's Office, City Manager's Office, City Council, and Planning and Zoning Commission• CAP Multifamily, developers of Beacon Rail District WHAT: Official Ribbon-Cutting Ceremony WHY: Beacon Rail District introduces a neighborhood boutique residential experience with:• Boutique living in a walkable, vibrant historic downtown area• A community-focused environment built for authentic connection• Modern luxury amenities in thoughtfully designed one and two-bedroom floor plans with high-end finishes • Original artwork featuring local artists on every floor• Pet-friendly• 18 exclusive apartment homes availableAttendees will enjoy a ribbon-cutting ceremony, exclusive tours of the property, refreshments, networking opportunities, a guided art tour led by Visual Arts Guild of Frisco docents, and the chance to hear from community and development leaders about the newest building completed within Frisco's multi-million-dollar downtown renovation. WHEN: August 15, 202510:00 a.m. – 11:30 a.m. WHERE: Beacon Rail District7291 Elm StreetFrisco, Texas 75034 ABOUT CAP MULTIFAMILY:CAP Multifamily is a real estate firm specializing in developing and operating boutique multifamily assets in targeted neighborhoods in the DFW area. The firm has developed and introduced a new class of high-end boutique residential communities, designed to offer residents a lifestyle that builds an authentic community connection among its residents. By combining development, acquisition, property management, and asset management under one streamlined platform, CAP Multifamily delivers operational efficiency and professional management services. With an agile structure, the firm brings institutional-grade processes and oversight to a traditionally underserved market, creating scalable investment opportunities across the multifamily industry. For more information about CAP Multifamily, visit and Media Contacts: Jeff Cheatham, (972) 961-6171, Jeff@ Gaswirth, (214) 213-4675, stacey@ View original content to download multimedia: SOURCE CAP Multifamily Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store