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NextNav Inc. - $NNAVW STOCK NEWS

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

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.

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%
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management
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News
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%
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none
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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%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.84%
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Rhea-AI Sentiment
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-- %
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.68%
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management
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.68%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.56%
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NextNav Inc.

Nasdaq:NNAVW

NNAVW Rankings

NNAVW Stock Data

47.12M
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Manufacturing
Link
United States of America
MCLEAN

About NNAVW

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.