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NextNav Inc - NN STOCK NEWS

Welcome to our dedicated news page for NextNav (Ticker: NN), a resource for investors and traders seeking the latest updates and insights on NextNav.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NextNav's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NextNav's position in the market.

News
NextNav Announces Date for First Quarter 2024 Earnings Call
Rhea-AI Summary
NextNav (NN) announced the date for its First Quarter 2024 Earnings Call, scheduled for May 8, 2024, after the market closes. The company specializes in next-generation positioning, navigation, timing, and 3D geolocation. Registration for the conference call is available online, with call details and a registrant ID provided upon registration. Participants can also access the call via live webcast or phone replay until May 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.05%
Tags
earnings
-
News
NextNav Lays Out New Vision for Complement and Backup to GPS with Additional Spectrum for Broadband Services
Rhea-AI Summary
NextNav files FCC petition for rulemaking to rearrange the Lower 900 MHz band for a terrestrial PNT network and broadband services. The company aims to provide a backup to GPS and offer 15 MHz of low-band spectrum for 5G, emphasizing national security and public safety.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.68%
Tags
none
-
News
NextNav Inc. Announces 2024 Annual Meeting of Stockholders
Rhea-AI Summary
NextNav Inc. schedules its 2024 Annual Meeting for May 16, 2024, with March 28, 2024, as the record date for shareholders. The meeting aims to address key decisions and updates for the company's future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
none
News
NextNav Inc. Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
NextNav Inc. (NN) reported financial results for Q4 and full year 2023, with revenue at $1.2 million and $3.9 million respectively. The company acquired additional 900 MHz spectrum licenses, bringing total spectrum assets to 3.5 billion MHz-PoPs. Mariam Sorond became the new CEO, aiming to enhance PNT technology. Financially, operating loss was $19.9 million and net loss was $16.4 million in Q4 2023. The company had $81.9 million in cash as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.35%
Tags
earnings
-
News
NextNav To Acquire Additional Lower 900 MHz Band Spectrum Licenses
Rhea-AI Summary
NextNav (NN) acquires additional spectrum licenses in the lower 900 MHz band, totaling 3.5 billion MHz-PoPs at close, for up to $50 million. The acquisition aims to enhance NextNav's positioning, navigation, and timing services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.22%
Tags
acquisition
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News
NextNav Announces Date for Fourth Quarter and Full Year 2023 Earnings Call
Rhea-AI Summary
NextNav (NN) will release its financial results for Q4 and full year 2023 on March 13, 2024, followed by a conference call to discuss the results. Registration details and webcast information are available on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
earnings
News
NextNav Announces Appointment of John Muleta to Board of Directors
Rhea-AI Summary
NextNav (NN) appoints John Muleta, a former FCC executive, to its Board of Directors, bringing extensive expertise in wireless policies and spectrum allocation. Muleta's track record in both public and private sectors makes him a valuable addition to the company's board. With a background in technology transfer and global infrastructure deployment, Muleta's knowledge and experience will be instrumental in advancing NextNav's technologies in 3D geolocation and PNT solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
Tags
management
-
News
NextNav Announces CEO Transition
Rhea-AI Summary
NextNav Inc. (NASDAQ: NN) announced the appointment of Mariam Sorond as the new CEO, effective November 29, 2023. Co-Founder and current CEO Ganesh Pattabiraman will step down and serve as a senior advisor for two years. Mariam Sorond brings over 28 years of experience in the telecommunications industry with a proven track record of evolving telecommunication technology and strategy. She will also join NextNav’s Board of Directors upon assuming her new role as CEO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.65%
Tags
none
-
News
NextNav Inc. Reports Third Quarter 2023 Results
Rhea-AI Summary
NextNav Inc. (NASDAQ: NN) reported financial results for Q3 2023, including a new contract supporting the federal government’s GPS/PNT efforts, deployment of a 5G test network in Palo Alto, and the expectation of Pinnacle-enabled devices on five wireless carriers. Revenue increased to $1.0 million in Q3 2023 from $503,000 in the prior year period, while operating loss decreased to $14.6 million from $17.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
earnings
News
NextNav Announces Date for Third Quarter 2023 Earnings Call
Rhea-AI Summary
NextNav to report Q3 results on November 8, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
earnings
Stock NN logo
NextNav Inc

Nasdaq:NN

NN Rankings

#2376 Ranked by Market Cap
#673 Ranked by Stock Gains
N/A Ranked by Dividends

NN Stock Data

834.02M
47.12M
38.52%
47.01%
8.76%
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Manufacturing
Link
United States
McLean

About NN

nextnav’s (formerly known as commlabs) is the developer of a next generation location enabling technology that brings accurate location service, with carrier-grade reliability, into buildings and urban areas where satellite-based gps signals can’t reach. nextnav is deploying a dedicated, wide-area terrestrial network exclusively for the provision of location information with “store level / floor level” accuracy across an entire metropolitan area. every element of the network, including its nationwide licensed spectrum, is designed, owned and operated by nextnav for this express purpose.