NextNav

NextNav, Inc. develops next-generation positioning, navigation, and timing solutions. Through its Pinnacle system, it provides floor-level altitude service to devices with a barometric pressure sensor. The company was founded in May 2021 and is headquartered in McLean, VA.

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NextNav reports FY 2022 revenue of $3.9M, eyes growth opportunities

NextNav's Q4 2022 Earnings Call highlighted the company's focus on resilience, strategic acquisitions, and revenue growth opportunities. Despite financial challenges, NextNav's strong partnerships, innovative solutions, and cash reserves position it well for future success. The company's emphasis on cost management, revenue diversification, and global expansion underscores its commitment to sustainable growth.

NextNav secures $50M debt financing, expands network capabilities globally

NextNav's Q1 2023 earnings call highlighted strong financial performance, successful debt financing, and progress in network deployment. The company faces challenges in scaling international initiatives but has opportunities for growth through FCC approvals and resilient P&T activities.

NextNav secures $70M funding, eyes revenue growth amid operational challenges

NextNav's Q2 2023 performance reflects revenue growth potential but with significant operating expenses leading to a net loss.
The company's strengths lie in technology licenses, partnerships, and FCC approvals, positioning it for future growth.
Challenges include managing expenses, maintaining confidentiality, and handling a substantial debt load.
Opportunities exist in revenue growth from agreements, government initiatives, and leveraging the strong financial position for strategic pursuits.

NextNav reports robust revenue growth and strategic government partnerships

NextNav demonstrated strong revenue growth and strategic partnerships in Q3 2023, despite a net loss driven by reduced operating expenses.
The company's focus on PNT resilience solutions aligns with government initiatives, presenting opportunities for further expansion and revenue generation.
Ongoing challenges include the need for clear communication on testing progress and cost management strategies to improve financial performance.

NextNav reports robust Q4 performance, eyes 5G for growth

NextNav's Q4 2023 earnings call highlighted strong performance, strategic leadership, and financial improvements.
While facing challenges in FCC approval and spectrum integration, the company is poised for growth and innovation.
Opportunities in 5G technology, spectrum assets, and market expansion signal a promising future for NextNav.

NextNav reports revenue growth amidst financial challenges and innovation push

NextNav's Q1 2024 performance showed revenue growth YoY but with significant operating expenses and a net loss, highlighting financial challenges.
The company's strategic vision and proposal to the FCC for innovative spectrum solutions demonstrate a commitment to advancing technology while ensuring partner collaboration.
While facing financial hurdles and uncertainties, NextNav's strong cash position and focus on new revenue sources and partnerships offer opportunities for growth and market expansion.

NextNav reports Q2 revenue growth amidst operational challenges

NextNav's Q2 2024 performance showed revenue growth but also highlighted significant operating expenses leading to a net loss. The company's focus on innovative spectrum solutions and strategic hires demonstrates a commitment to long-term success.

NextNav reports revenue growth, regulatory progress, and stakeholder support

NextNav's Q3 performance showed revenue growth and financial stability, with a focus on regulatory progress and stakeholder engagement.
The company's strengths lie in stakeholder support, proactive dialogue with key industries, and a strong commitment to a terrestrial GPS backup.
Challenges include high operating expenses, regulatory dependencies, and managing cash-debt balance, while opportunities exist in regulatory clarity and stakeholder relationships.
Overall, NextNav remains optimistic about its path forward and the importance of a terrestrial GPS complement to address potential disruptions.

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NextNav, Inc. develops next-generation positioning, navigation, and timing solutions. Through its Pinnacle system, it provides floor-level altitude service to devices with a barometric pressure sensor. The company was founded by Ganesh Pattabiraman and Arun Raghupathy in May 2021 and is headquartered in Reston, VA.

NextNav, Inc. (NASDAQ:NN ) Q4 2022 Earnings Conference Call March 22, 2023 5:00 PM ET Company Participants Gary Parsons - Chairman Ganesh Pattabiraman - Co-Founder & CEO Chris Gates - CFO Conference Call Participants Michael Crawford - B. Riley Securities Timothy Horan - Oppenheimer Jaime Perez - RF Lafferty Operator Good afternoon, everyone, and welcome to NextNav's Fourth Quarter 2022 Earnings Conference Call.

NextNav, Inc. (NN) Q4 2022 Earnings Call Transcript

Launches E911 Services on Verizon in FY 2022 Signs New Device Agreements with Leading Providers, Including Sonim Technologies Expands Relationship with NASA; Delivering PNT Services for Agency's Urban Drone Program MCLEAN, Va. , March 22, 2023 /PRNewswire/ -- NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav's fourth quarter and full year ended December 31, 2022.

NextNav Inc. Reports Fourth Quarter and Full Year 2022 Results

Partnership will allow 911 callers to share z-axis data and live videos with emergency dispatchers SUNNYVALE, Calif. , March 15, 2023 /PRNewswire/ -- Prepared, the leader in mission-critical emergency multimedia services, has selected NextNav Pinnacle to power its z-axis location ecosystem and ensure that callers and responders have the most accurate data and visualization tools available in the industry.

Prepared Partners with NextNav to Bring Vertical Location Intelligence to Emergency Communication Centers

Company to Report Q4 and Full Year Results on March 22, 2023 MCLEAN, Va. , March 2, 2023 /PRNewswire/ -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2022, after the market closes on Wednesday, March 22, 2023 and will host a conference call the same day at 5:00 PM ET to discuss its results.

NextNav Announces Date for Fourth Quarter and Full Year 2022 Earnings Call

First z-axis powered mobile VPN client provides unrivaled security, awareness and location accuracy for agencies needing x, y and z location intelligence MCLEAN, Va. , Feb. 21, 2023 /PRNewswire/ -- RadioIP, a leader in secure mobile communications, and NextNav, the leader in vertical location positioning, today announced the commercial launch of the latest release of the Armada™ VPN Client and Synopsis Control Center, which now includes precision z-axis vertical location intelligence powered by NextNav's Pinnacle technology.

RadioIP and NextNav Announce Commercial Launch of Armada™ VPN Client Powered by Pinnacle Vertical Location Service

SUNNYVALE, Calif. , Jan. 24, 2023 /PRNewswire/ -- NextNav, a leader in next-generation GPS, announced today that STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, will join the NextNav Certified barometer program.

NextNav Announces STMicroelectronics Has Joined its Barometer Testing Program to Certify Sensor Accuracy and Performance Quality under Rigorous Standards

SUNNYVALE, Calif. , Dec. 15, 2022 /PRNewswire/ -- NextNav, a leader in next generation GPS, today announced the industry certification of the Goertek Microelectronics SPL07-003 digital barometric pressure sensor's test results.

Goertek Microelectronics Barometric Pressure Sensor Achieves NextNav Certified Status

NASA Expands Use of NextNav TerraPoiNT to Beyond Visual Line of Sight in Commercial Environment SUNNYVALE, Calif. , Dec. 6, 2022 /PRNewswire/ --  NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that it has been selected by NASA's Ames Research Center in Silicon Valley to deliver PNT services for its urban drone program.

NASA to Utilize Commercially Available TerraPoiNT Network in SF Bay Area to Further Urban Air Mobility Development

Partnership provides safety and location services to assist first responder agencies in locating non-English speaking individuals across 135+ languages MCLEAN, Va. , Nov. 17, 2022 /PRNewswire/ -- Convey911, the next generation 911 solution that provides a communications platform for public safety personnel to engage with emergency callers via text and multimedia messaging in 135+ languages, has selected NextNav for its mission-critical z-axis vertical location intelligence.

Convey911 Partners with NextNav to Bring Vertical Location to Inclusive Multilingual Text-2-911 Service

Partnership will dramatically enhance location security of first responders and security personnel in multistory environments MCLEAN, Va. , Nov. 16, 2022 /PRNewswire/ -- RadioIP, a leader in secure mobile communications, has selected NextNav, the leader in vertical location positioning, to empower its industry-leading VPN solutions with mission-critical z-axis location intelligence.

RADIOIP PARTNERS WITH NEXTNAV FOR VERTICAL LOCATION INTELLIGENCE IN VPN CLIENT

MCLEAN, Va. , Nov. 16, 2022 /PRNewswire/ -- NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next generation GPS and 3D geolocation, today announced that certain members of NextNav's executive leadership team sold approximately 796 thousand shares of NextNav's common stock on November 15, 2022, as reported with the SEC on Form 4.

NextNav Announces Sale of Common Shares

NextNav, Inc. (NASDAQ:NN ) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Gary Parsons - Chairman Ganesh Pattabiraman - Co-Founder & CEO Chris Gates - CFO Conference Call Participants Mike Crawford - B. Riley Timothy Horan - Oppenheimer Jaime Perez - RF Lafferty Operator Good afternoon, everyone, and welcome to NextNav's Third Quarter 2022 Earnings Conference Call.

NextNav, Inc. (NN) Q3 2022 Earnings Call Transcript

NextNav Inc. (NN) delivered earnings and revenue surprises of -20% and 79.22%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

NextNav Inc. (NN) Reports Q3 Loss, Lags Revenue Estimates

Closes Acquisition of Nestwave SAS Post Quarter End, Expected to Reduce TerraPoiNT Deployment Costs by Approximately 75% MetCom Launches Pinnacle Service in Tokyo, Japan on November 9, 2022 – Full Nationwide Rollout Expected in 2023 MCLEAN, Va. , Nov. 10, 2022 /PRNewswire/ -- NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav's third quarter ended September 30, 2022.

NextNav Inc. Reports Third Quarter 2022 Results

Nestwave's Leading Software to Optimize the Use of NextNav's 900MHz Spectrum Nationwide Decreases NextNav's TerraPoiNT Deployment Costs By Approximately 75% Accelerates Deployment of NextNav's TerraPoiNT System to Provide GPS Back-up and Resilient Position, Navigation and Timing Capability in the US and Worldwide NextNav to Host a Prerecorded Conference Call at 8:30 AM ET MCLEAN, Va. , Nov. 2, 2022 /PRNewswire/ -- NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next generation GPS and 3D geolocation, today announced that it acquired Nestwave SAS ("Nestwave"), a privately held global leader in low-power geolocation, for an enterprise value of $18.0 million with a gross consideration value of $19.3 million, consisting of $4.3 million in cash and $15.0 million in NextNav common stock.

NextNav Announces Acquisition of Nestwave

Company to Report Q3 2022 Results on November 10, 2022 MCLEAN, Va. , Nov. 1, 2022 /PRNewswire/ -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that it will release its financial results for the third quarter ended September 30, 2022 after the market closes on Thursday, November 10, 2022 and will host a conference call the same day at 5:00 PM ET to discuss its results.

NextNav Announces Date for Third Quarter 2022 Earnings Call

NextNav Pinnacle software to provide critical z-axis capabilities in mobile phone planned for 2023 release MCLEAN, Va. , Sept. 15, 2022 /PRNewswire/ -- Mobile phone developer Hot Pepper Mobile and NextNav, a leader in next generation GPS, today announced a new agreement that will bring NextNav's Pinnacle vertical location technology to Hot Pepper Mobile's upcoming feature phone on a tier-one carrier's network, scheduled for release in 2023.

Hot Pepper Mobile Partners with NextNav to Bring Vertical Location Technology to Upcoming Device on Tier-One National Carrier

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NextNav Inc. (NASDAQ:NN ) Q2 2022 Earnings Conference Call August 10, 2022 10:00 AM ET Company Participants Gary Parsons - Chairman Ganesh Pattabiraman - Co-Founder & Chief Executive Officer Chris Gates - Chief Financial Officer Conference Call Participants Mike Crawford - B. Riley Securities Timothy Horan - Oppenheimer Jaime Perez - RF Lafferty Operator Good morning, everyone, and welcome to the NextNav's Second Quarter 2022 Earnings Conference Call.

NextNav Inc. (NN) CEO Ganesh Pattabiraman on Q2 2022 Earnings Call Transcript

Extends Leadership Position in 3D Geolocation with New Partnerships in Public Safety; Delivers $1.4 Million in Revenue in the Second Quarter

NextNav Inc. Reports Second Quarter 2022 Results

MCLEAN, Va.--(BUSINESS WIRE)--CentralSquare Technologies, an industry leader in public sector technology, announced a partnership with NextNav, a leader in next generation GPS, to integrate z-axis vertical location capabilities into its Computer Aided Dispatch (CAD) products and mobile suite of Public Safety software solutions. By tapping into NextNav's Pinnacle network, CentralSquare will be able to provide public safety agencies with critical vertical location data needed to precisely pinpoin

CentralSquare, NextNav Partner to Bring Z-axis Vertical Location to Public Safety Agencies Nationwide

Partnership will empower decision making and safety of agency clients tracking threats and emergency responses in urban and high-risk environments MCLEAN, Va. , Aug. 2, 2022 /PRNewswire/ --  NextNav, a leader in next generation GPS, has partnered with Valor Systems (Valor), an industry leader in public safety and security software applications, to provide z-axis vertical location capabilities to first responders, public safety agencies, and corporate security clients.

NextNav, Valor Systems Partner to Bring Vertical Location Capabilities to Public Safety Agencies Nationwide

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Company to Report Q2 2022 Results on August 10, 2022 Company to Report Q2 2022 Results on August 10, 2022

NextNav Announces Date for Second Quarter 2022 Earnings Call

First-ever application of vertical location data through an IoT-enabled connected workers solution MCLEAN, Va. , July 7, 2022 /PRNewswire/ --  NextNav,  a leader in next generation GPS, has partnered with VOS Systems to bring vertical location capabilities to its CoRe™ product line through NextNav's Pinnacle service.

News for NextNav Stock (NN)