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

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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.

SUNNYVALE, Calif., Dec. 08, 2021 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced a partnership with Bosch Sensortec , the leading provider in sensing solutions for consumer electronics, to enable more precise vertical location in barometric pressure sensors. Bosch Sensortec's barometric pressure sensors will undergo rigorous testing through the NextNav Certified program to certify their accuracy and performance meet stringent standards across a variety of use cases. Through the partnership, Bosch Sensortec will validate the accuracy of measurements and provide robust performance assurance for Original Equipment Manufacturers (OEMs) utilizing its sensors in mass-market products including mobile phones, tablets, and wearables.

NextNav And Bosch Sensortec Partner to Elevate Barometric Sensor Performance for Smartphones, Wearables, Airborne Vehicles and Other Devices

Successfully Closed Business Combination with Spartacus Acquisition Corporation

NextNav Inc. Reports Third Quarter 2021 Results

Company to Report Q3 2021 Results on November 15, 2021 Company to Report Q3 2021 Results on November 15, 2021

NextNav Announces Date for Third Quarter 2021 Earnings Call

News for NextNav Stock (NN)