NextNav Inc.
NASDAQCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Mariam Sorond
- Full Time Employees
- 103
- Sector
- Technology
- Industry
- Consumer Electronics
- Address
- 11911 Freedom Drive Reston VA United States of America 20190
- IPO Date
- Nov 2, 2020
- CIK
- 0001865631
- Website
- nextnav.com
- Similar Companies
- Business
- NextNav Inc. (Nasdaq: NN) provides next-generation positioning, navigation and timing (PNT) solutions in the United States, delivering accurate, reliable and resilient 3D geolocation services powered by low-band licensed spectrum in the lower 900 MHz band to complement and backup GPS; core offerings include Pinnacle, a precise vertical location service for public safety applications such as enhanced 911 (e.g., for Verizon and national cellular providers), IoT devices and urban environments, and TerraPoiNT, a terrestrial wide-area 3D PNT system for critical infrastructure, public safety, location-based apps, Wi-Fi, telecom and commercial uses where GPS is unreliable, jammed or spoofed. Founded in 2007 and headquartered in Reston, Virginia, the company operates a nationwide network of terrestrial beacons, processing signals into location data distributed via APIs and SDKs to serve industries reliant on resilient PNT amid GPS vulnerabilities indoors and in urban canyons. Recent developments include a March 2025 private placement of $190 million in 5% redeemable senior secured convertible notes led by M-Cor Capital and Fortress Investment Group to fund technology investments and growth in 5G-integrated PNT; in September 2025, NextNav closed an agreement acquiring additional lower 900 MHz spectrum licenses, enhancing its operational leadership and spectrum position following FCC approvals.
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