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) is frequently in the news for developments in next-generation 3D Positioning, Navigation, and Timing (PNT) and terrestrial GPS backup technologies. This page aggregates press releases and third-party coverage related to the company’s spectrum strategy, technology milestones, partnerships, and financial reporting, giving readers a focused view of how NextNav’s business is evolving over time.
Recent news has highlighted NextNav’s progress in 5G-based PNT, including the planned operation of a 5G PNT network in Santa Clara County, California, which the company describes as a real-world demonstration of a 5G-powered backup to GPS. Other articles cover demonstrations of Positioning Reference Signal (PRS)-based PNT on standard 5G equipment, showing how timing and positioning can be delivered alongside broadband data services using licensed spectrum in the Lower 900 MHz band.
Coverage also includes partnership announcements, such as an expanded strategic and technology collaboration with Tokyo-based MetCom, Inc., where MetCom has licensed NextNav’s 5G-based 3D PNT technology to support terrestrial timing services in major Japanese metropolitan areas. Additional news items describe the integration of NextNav’s 5G-based timing with an Oscilloquartz GNSS-enabled grandmaster clock, aimed at providing resilient timing outputs for critical infrastructure applications.
Investors and observers will also find updates on spectrum acquisitions, including the closing of an agreement to acquire additional M-LMS licenses in the Lower 900 MHz band, as well as SEC-reportable events such as quarterly results and executive appointments. By following this news feed, readers can monitor how NextNav advances its terrestrial PNT solutions, manages its spectrum assets, and reports on its financial and operational milestones.
NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing and 3D geolocation, has scheduled its Q2 2025 earnings release and conference call. The company will release financial results for the quarter ended June 30, 2025 after market close on Wednesday, August 6, 2025, followed by a conference call at 5:00 PM ET.
Participants can register for the conference call through a dedicated registration website. The event will also be accessible via live webcast on NextNav's investor relations website, with a replay available through August 13, 2025.
NextNav Inc. (NASDAQ: NN), a leader in next-generation positioning, navigation, and timing (PNT) and 3D geolocation, has announced its participation in two upcoming investor conferences. Chief Financial Officer Chris Gates will attend:
1. The 20th Annual Needham Technology, Media, & Consumer 1x1 Conference on May 9 and 12, 2025, conducting virtual one-on-one meetings with investors.
2. The B. Riley Securities 25th Annual Investor Conference on May 21-22, 2025, in Marina del Rey, CA, where he will participate in an Analyst Hosted Roundtable on May 21 at 4:00 pm PT.
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%.