NextNav said its vertical location service, Pinnacle, has been integrated into Atlas Reality’s Atlas: Earth game, which launches Oct. 18. Pinnacle’s 3D geolocation capabilities will Atlas: Earth “to deliver a gaming experience built around the real environments of users, especially in densely populated areas and multistory buildings,” the company said.
While NextNav CEO Ganesh Pattabiraman says 3D geolocation ushers in a new era of immersive gaming experiences, the potential $215 billion market by 2024 doesn’t hurt companies looking to get into this segment.
Atlas: Earth allows users to purchase virtual parcels of real estate that operate as digital properties tethered to real locations, NextNav said. Pinnacle features precise vertical location intelligence, “enabling users to record visits to locations such as the top floor of the Empire State Building or the Skygarden in the San Francisco Federal Building,” the company said.
As Location Business News reported, NextNav entered into a merger agreement with Spartacus Acquisition Corp. [TMTS] that would allow NextNav being listed on Nasdaq. The deal is expected to close in the third quarter or early fourth quarter, the company said.