Headquartered in Reston, VA Fiscal year ends December NASDAQ: NN nextnav.com
NextNav Inc. (Nasdaq: NN) develops next-generation 3D Positioning, Navigation, and Timing (PNT) solutions designed to serve as a terrestrial complement and backup to GPS. The company holds the nation's largest license position in a spectrum band expressly designated for terrestrial positioning services. Leveraging licensed low-band 900 MHz spectrum and the global 5G ecosystem, NextNav is building a 5G-powered 3D PNT network targeting national security, public safety, critical infrastructure, counter-drone detection, and commercial applications. The company is pre-revenue-scale, generating minimal revenue while investing in technology development, regulatory engagement with the FCC, and strategic partnerships with defense and telecommunications companies. Its business model depends heavily on obtaining favorable FCC spectrum allocation decisions to enable wide-scale commercial deployment of its terrestrial PNT solution. Updated
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NextNav Inc. (Nasdaq: NN) develops next-generation 3D Positioning, Navigation, and Timing (PNT) solutions designed to serve as a terrestrial complement and backup to GPS. The company holds the nation's largest license position in a spectrum band expressly designated for terrestrial positioning services.
The Wall Street consensus 12-month price target for NN is $33.67.
