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

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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.

Deployment of Pinnacle vertical location service in Japan marks first international rollout of NextNav's 3D geolocation technology MCLEAN, Va. , June 29, 2022 /PRNewswire/ -- MetCom and NextNav today announced a commercial agreement for the nationwide deployment of 3D geolocation services in Japan, starting with the rollout of the Pinnacle vertical location service.

MetCom and NextNav Sign Commercial Agreement to Scale Pinnacle in Japan

NextNav went public last year through a SPAC merger with Spartacus Acquisition Corporation, and its stock price is now down almost 80%. The geolocation software company is aiming to disrupt the current GPS space with its next-gen products.

NextNav: A Next-Gen GPS Company With A Huge TAM

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Partnership Will Enable NextNav's TerraPoiNT for Mass Market Applications MCLEAN, Va. , June 21, 2022 /PRNewswire/ -- NextNav, a leader in next generation GPS, announced the successful integration of its TerraPoiNT advanced location technology into GCT's LTE chipset.

NextNav Partners with GCT Semiconductor to Integrate TerraPoiNT Technology

Partnership provides safety and location services for people living with intellectual, developmental and mental health challenges Partnership provides safety and location services for people living with intellectual, developmental and mental health challenges

Vitals™ Aware Services Partners with NextNav to Bring Precision Vertical Location to Ensure Safety and Comfort for Mental Health Related Responder Services

Inclusion in the Index Highlights NextNav's Market Leadership in Next Generation GPS Technologies Inclusion in the Index Highlights NextNav's Market Leadership in Next Generation GPS Technologies

NextNav Set to Join Russell 2000® Index

Partnership will dramatically improve geolocation of resources and responders via a single common operating picture with floor level precision Partnership will dramatically improve geolocation of resources and responders via a single common operating picture with floor level precision

NextNav, Vizsafe Partner to Bring Vertical Location to the Emergency Services Community

NextNav Inc. (NASDAQ:NN ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Gary Parsons - Chairman Ganesh Pattabiraman - Co-Founder and CEO Chris Gates - CFO Conference Call Participants Timothy Horan - Oppenheimer Mike Crawford - B. Riley Jaime Perez - RF Lafferty Operator Good afternoon everyone and welcome to the NextNav's First Quarter 2022 Earnings Conference Call.

NextNav Inc. (NN) CEO Ganesh Pattabiraman on Q1 2022 Earnings Call Transcript

MCLEAN, Va., May 13, 2022 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that members of management team will be attending the following upcoming conferences:

NextNav to Attend Upcoming Investor Conferences

Embedded in IoT-powered trackers, NextNav Pinnacle will enable more accurate tracking of critical assets and infrastructure Embedded in IoT-powered trackers, NextNav Pinnacle will enable more accurate tracking of critical assets and infrastructure

NextNav Partners with Last Mile to Enhance Asset Tracking

Vertical location will be used to validate the location of users, verify access to virtual events and giveaways, and catalog ownership of virtual assets including NFTs Vertical location will be used to validate the location of users, verify access to virtual events and giveaways, and catalog ownership of virtual assets including NFTs

NextNav, Widow Games Bring First-Ever 3D Geolocation Authentication to the Metaverse

Partnership will dramatically improve geolocation of callers to provide floor-level altitude in multistory buildings through cloud-native NG9-1-1 applications Partnership will dramatically improve geolocation of callers to provide floor-level altitude in multistory buildings through cloud-native NG9-1-1 applications

NGA Partners With NextNav to Bring Vertical Location to the NG9-1-1 Community

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NextNav Inc. (NN) CEO Ganesh Pattabiraman on Q4 2021 Results - Earnings Call Transcript

Launched Commercial Service for First Responders with FirstNet by AT&T and Signed Milestone Agreement with a Nationwide Carrier for E911

NextNav Inc. Reports Fourth Quarter and Full Year 2021 Results

Two new hires grow NextNav's roster of top-tier executives and leaders Two new hires grow NextNav's roster of top-tier executives and leaders

NextNav Adds Edward Mortimer as Vice President of Government Affairs and Robert Lantz as General Counsel

MCLEAN, Va., March 07, 2022 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today announced that it intends to hold the Annual Meeting of Stockholders (the “2022 Annual Meeting”) on Wednesday, May 18, 2022, at a time and location to be specified in the Company's proxy statement for the 2022 Annual Meeting. The close of business on March 18, 2022, has been set as the record date for determination of shareholders entitled to notice of, and to vote at, the 2022 Annual Meeting.

NextNav Inc. Announces 2022 Annual Meeting of Stockholders

Company to Report Q4 2021 Results on March 23, 2022 Company to Report Q4 2021 Results on March 23, 2022

NextNav Announces Date for Fourth Quarter and Full Year 2021 Earnings Call

MCLEAN, Va., March 01, 2022 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today announced that Chief Executive Officer, Ganesh Pattabiraman will present at the 34th Annual ROTH Conference on March 14, 2022, at 10:00 AM PT.

NextNav to Present at 34th Annual ROTH Conference

MCLEAN, Va., Feb. 16, 2022 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation GPS, announced today that it has partnered with echo3D , a cloud platform that is revolutionizing the way 3D, augmented reality (AR) and virtual reality (VR) content is stored and streamed. Through this partnership, NextNav's vertical location service, Pinnacle , will provide echo3D developers with the crucial 3D location data needed to build immersive AR and VR content built on top of the physical world.

NextNav, echo3D Partner to Unlock New Metaverse Experiences, Powered by Vertical Location

Vertical location will enable awareness and intelligence for mapping of schools, hospitals, public buildings Vertical location will enable awareness and intelligence for mapping of schools, hospitals, public buildings

NextNav Partners with Critical Response Group to Strengthen Mapping for Emergency Response

NextNav's TerraPoiNT demonstration of precise positioning, navigation and timing to be a part of the European Commission's demonstration report NextNav's TerraPoiNT demonstration of precise positioning, navigation and timing to be a part of the European Commission's demonstration report

NextNav Showcases APNT Backup to GNSS at European Commission's Joint Research Centre's Trial

NextNav's Pinnacle 911 will deliver vertical location with floor-level accuracy for wireless 911 calls in over 4,400 cities and towns across the United States, exceeding FCC requirements NextNav's Pinnacle 911 will deliver vertical location with floor-level accuracy for wireless 911 calls in over 4,400 cities and towns across the United States, exceeding FCC requirements

NextNav Selected to Deliver High-Precision Z-Axis Capabilities for 911 by Top Wireless Carrier

MCLEAN, Va., Jan. 03, 2022 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today announced that Chairman, Gary Parsons, and Chief Executive Officer, Ganesh Pattabiraman will present at Citi's AppsEconomy Conference, on January 5, 2022, at 2:00 pm ET.

NextNav to Present at Citi's AppsEconomy Conference

The stock price of NextNav (Nasdaq: NN) increased by over 4% during intraday trading today. This is why it happened.

News for NextNav Stock (NN)