NEXTNAV INC. overview

New Investment Led by M-Cor Capital, LLC and Fortress Investment Group Existing 10% Senior Secured Notes to be Redeemed RESTON, Va., March 12, 2025 (GLOBE NEWSWIRE) -- NextNav Inc. (the "Company" or “NextNav”) [NASDAQ: NN], a leader in next-generation positioning, navigation, and timing (“PNT”) and 3D geolocation, today announced it had entered into a purchase agreement for the sale of $190 million of 5% redeemable senior secured convertible notes (the “New Notes”). The New Notes...

Successfully Completed Lab and Field Demonstrations Validating Effectiveness of NextNav's 5G PRS-based PNT solution NOI Issued by FCC Chairman Carr Demonstrates Commitment to GPS Complement and Backup RESTON, Va., March 12, 2025 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s fourth quarter and full year ended December 31, 2024. Mariam Sorond, NextNav CEO said,...

RESTON, Va., March 10, 2025 (GLOBE NEWSWIRE) -- NextNav, a leader in next-generation positioning, navigation, and timing (PNT) and 3D geolocation, released a new national Public Policy Polling survey which finds that, by a margin of ten-to-one, voters support the creation of a ground-based complement and backup to America’s Global Positioning System (GPS). Majority support is seen across various demographic categories such as gender, political party, and age groups. “Officials across the...

RESTON, Va., Feb. 28, 2025 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing (PNT) and 3D geolocation, today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024 after the market closes on Wednesday March 12, 2025, and will host a conference call on the same day at 5:00 PM ET to discuss its results. Registration for the conference call can be completed by visiting the following...

RESTON, Va., Feb. 28, 2025 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) has submitted a comprehensive study to the Federal Communications Commission (FCC) confirming that 5G operations can successfully coexist with unlicensed devices in the Lower 900 MHz band. The study provides a real-world deployment comparison and in-depth technical assessments that find coexistence is feasible and replacement of legacy operations in the band with 5G would not cause unacceptable interference to Part 15 devices....

RESTON, Va., Feb. 26, 2025 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) today announced the successful completion of lab and field demonstrations of its innovative Positioning, Navigation, and Timing (PNT) solution based on Positioning Reference Signal (PRS) standards in 5G waveforms. With 5G and PRS standards already in place, this validates that NextNav PNT technology solutions can enable a widescale commercial 5G-based PNT solution that provides a resilient terrestrial complement and backup to...

RESTON, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN), a leader in next-generation positioning, navigation, and timing (PNT) and 3D geolocation, announced the appointment of Renee Gregory as NextNav’s Vice President of Regulatory Affairs. In this newly created role, Ms. Gregory leads the company’s FCC regulatory approval process and compliance work. Her experience and expertise will be integral to meeting NextNav’s commitment to providing next-generation location...

RESTON, Va., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Arun Raghupathy, co-founder and Chief Technology Officer (CTO) of NextNav Inc. (Nasdaq: NN), a leader in next generation positioning, navigation and timing (PNT) and 3D geolocation, has been recognized by the University of Maryland’s Department of Electrical and Computer Engineering (ECE) as a recipient of this year’s Distinguished Alumni Awards. “I’m deeply grateful to my mentors and colleagues from the University of Maryland. Their support...