Welcome to our dedicated page for Nextnav news (Ticker: NN), a resource for investors and traders seeking the latest updates and insights on Nextnav stock.
NextNav Inc (Nasdaq: NN) pioneers resilient positioning, navigation, and timing (PNT) solutions through its proprietary terrestrial network, delivering critical GPS backup capabilities for urban and indoor environments. This news hub provides investors and industry stakeholders with essential updates on technological advancements, regulatory developments, and strategic initiatives shaping the future of 3D geolocation services.
Access real-time announcements covering spectrum acquisitions, FCC rulemaking petitions, and deployment partnerships that underpin NextNav's role in national infrastructure security. Our curated news collection enables informed analysis of operational milestones across three core areas: network expansion projects, public safety collaborations, and 5G-integrated timing solutions.
Key updates include TerraPoiNT system enhancements, low-band spectrum utilization breakthroughs, and enterprise adoption case studies. Monitor progress in critical sectors where NextNav's centimeter-level vertical positioning addresses unique challenges in emergency response and asset management.
Bookmark this page for structured access to earnings communications, technology white papers, and market expansion announcements. Regular updates ensure timely awareness of developments impacting NextNav's position in the $50B+ PNT market.
NextNav (NASDAQ: NN) has appointed two retired Rear Admirals, H. Wyman Howard and Lorin Selby, to its Board of Directors effective May 1, 2025. The appointments strengthen NextNav's position in next-generation position, navigation and timing (PNT) and 3D geolocation technology.
Admiral Howard brings 32 years of Navy experience, having served as Commander of Naval Special Warfare Command and held various leadership positions. He currently serves on boards of Bridger Aerospace and Invitation Homes. Admiral Selby served nearly 37 years in the Navy, most recently as Chief of Naval Research, leading the Office of Naval Research and Naval Research Laboratory. He currently heads Selby Partners Consulting and is a founding partner of Mare Liberum Capital Partners.
The appointments align with NextNav's strategic goal of providing terrestrial backup and complement to GPS to address national security threats.
NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing and 3D geolocation, has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 financial results before market open on Friday, May 9, 2025, followed by a conference call at 9:00 AM ET the same day.
Participants can register for the conference call through a dedicated registration website. After registration, attendees will receive call details and a registrant ID. The earnings call will also be accessible via live webcast on NextNav's investor relations website. A replay of the call will be available through May 16, 2025.
NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing and 3D geolocation, has scheduled its first quarter 2025 earnings release for May 7, 2025, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the financial results for Q1 ending March 31, 2025.
Participants can register for the conference call through a dedicated website, after which they will receive call details and a registrant ID. The earnings call will also be accessible via live webcast on NextNav's investor relations website. A replay of the call will be available through May 14, 2025.
NextNav (NASDAQ: NN), a leader in next-generation positioning, navigation, and timing (PNT) and 3D geolocation, has successfully closed a $190 million private placement of 5% redeemable senior secured convertible notes due 2028. The company received net proceeds of approximately $188.6 million after deducting fees and expenses.
The company plans to use part of these proceeds to redeem its existing $70 million aggregate principal amount of 10% Senior Secured Notes due 2026. The redemption will be executed at 101% of the principal amount plus any accrued and unpaid interest.
NextNav (NASDAQ: NN) has announced a significant financial transaction involving $190 million of 5% redeemable senior secured convertible notes due June 30, 2028. The deal is led by M-Cor Capital, and Fortress Investment Group. Approximately $70 million of the proceeds will be used to redeem existing 10% Senior Secured Notes due December 1, 2026.
The new notes will have a conversion price of $12.56 per share, representing a 20% premium to the trailing 10-day closing price average prior to March 11, 2025. The notes become redeemable after one year if NextNav's stock price exceeds 160% of the conversion price for at least 20 days within any 30-day trading period.
At closing, both M-Cor and Fortress will receive warrants to purchase shares at various price points: 1.5 million shares at $20, 950,000 shares at $17, and 1.45 million shares at $12.56. The transaction is expected to close around March 31, 2025.
NextNav (NASDAQ: NN) reported its Q4 and full year 2024 financial results, highlighting progress in GPS complement and backup solutions. Q4 revenue reached $1.9M (vs $1.2M in prior year), while full-year revenue was $5.7M (vs $3.9M in 2023). The company reported a Q4 operating loss of $14.8M and a net loss of $32.3M.
Key operational highlights include successful lab and field demonstrations of their 5G PRS-based PNT technology, and the release of a bipartisan poll showing strong support for GPS backup systems. The company ended 2024 with $80.1M in cash and equivalents, carrying $54.6M in net debt.
The FCC, under Chairman Carr, issued a Notice of Inquiry emphasizing the need for GPS complement and backup systems, marking a significant regulatory milestone for NextNav's strategic initiatives.
NextNav, a leader in next-generation positioning, navigation, and timing (PNT) and 3D geolocation, has released a new national Public Policy Polling survey showing overwhelming bipartisan support for creating a ground-based complement and backup to GPS. The poll reveals that voters support this initiative by a margin of ten-to-one across various demographic categories.
Key findings from the survey of 1,133 registered voters include:
- 83% find GPS backup important for public safety and first responder effectiveness
- 82% consider it important for American commerce and national security
- 81% believe it necessary to compete with China
- 81% support GPS backup given that an outage would cost the economy $1.6 billion daily
Additionally, 68% of voters agree that creating a GPS backup represents an urgent national security need, with only 12% disagreeing. The survey, conducted January 24-25, 2025, has a margin of error of +/- 2.9%.
NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing and 3D geolocation, has scheduled its fourth quarter and full year 2024 earnings release for March 12, 2025, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results.
Participants can register for the conference call through a dedicated registration website. The earnings call will also be available via live webcast on NextNav's investor relations website. A replay of the call will be accessible through March 19, 2025.
NextNav (Nasdaq: NN) has submitted a comprehensive study to the FCC demonstrating that 5G operations can successfully coexist with unlicensed devices in the Lower 900 MHz band. The 66-page study reveals that 5G deployment would not cause unacceptable interference to Part 15 devices.
Key findings from the study conducted in San Francisco show that:
- 5G would produce lower emissions than NextNav's authorized legacy M-LMS location service
- The Lower 900 MHz band is dominated by intra- and inter-Part 15 contention, with 5G's contribution being negligible
- Indoor unlicensed signals are significantly stronger than 5G operations in most locations
The study analyzed five unlicensed technologies: LoRaWAN, RAIN RFID, Wi-Fi HaLow, Wi-SUN, and Z-Wave. NextNav has also retained a testing firm for joint testing with railroad licensees and is in discussions with toll operators to evaluate coexistence scenarios.
NextNav (Nasdaq: NN) has successfully completed lab and field demonstrations of its Positioning, Navigation, and Timing (PNT) solution using Positioning Reference Signal (PRS) standards in 5G waveforms. The tests, conducted in Palo Alto, California using NextNav's existing spectrum, validated precise timing synchronization and positioning capabilities.
The achievement marks a significant step toward developing a terrestrial complement and backup to GPS signals through 5G networks. NextNav has petitioned the FCC to reconfigure the Lower 900 MHz band to enable a 5G-based terrestrial 3D PNT solution while supporting 5G broadband deployment.
The company will showcase this technology and host industry discussions at Mobile World Congress Barcelona 2025.
