NextNav | Jotup

NextNav Announces Date for First Quarter 2024 Earnings Call

Retrieved on:

Wednesday, April 24, 2024

Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I629362 .

Key Points:

Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I629362 .
After registering, each participant will be provided with call details and a registrant ID.
To access the live webcast or a replay, visit the Company’s investor relations website at https://ir.nextnav.com/ .
A replay of the call can also be accessed via phone through May 15, 2024 by dialing (800) 770-2030 from the U.S., or (647) 362-9199 from outside the U.S.

NextNav Lays Out New Vision for Complement and Backup to GPS with Additional Spectrum for Broadband Services

Retrieved on:

Tuesday, April 16, 2024

PNT, FCC, GPS, NN, 3D, Federal, Legislation, County, Nextgen, NextNav, Federal Communications Commission, Superior court, Internet service provider

MCLEAN, Va., April 16, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, timing (“PNT”) and 3D geolocation, today filed a rulemaking petition asking the Federal Communications Commission (“FCC”) to deliver an innovative spectrum solution in the Lower 900 MHz band (902-928 MHz band). The petition proposes rearranging the band to facilitate a terrestrial PNT network and broadband.

Key Points:

Provide 15 megahertz of low-band spectrum for use by mobile broadband networks.
This new vision for the Lower 900 MHz band unleashes spectrum for essential PNT solutions as well as broadband - all while protecting licensed incumbent operations,” stated NextNav CEO Mariam Sorond.
As a part of this proposed new band plan, NextNav would enable a terrestrial PNT service to serve as a much-needed backup and complement to GPS.
This modernized Lower 900 MHz band plan also creates access to 15 MHz of low-band spectrum for 5G services.

NextNav Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Wednesday, March 13, 2024

NN, Growth, PNT, NextNav, 3D, Investment, Federal, ID, Hertz, Telecommunications, Balance sheet, Federal Communications Commission

MCLEAN, Va., March 13, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) 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, 2023.

Key Points:

MCLEAN, Va., March 13, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) 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, 2023.
Mariam Sorond, NextNav CEO stated, “It’s been an incredible first 100 days as the CEO of NextNav.
Mariam Sorond Named New Chief Executive Officer: Mariam Sorond, a veteran industry leader, was appointed NextNav’s new Chief Executive Officer, effective November 29, 2023.
In the twelve months ended December 31, 2023, revenue was $3.9 million, and was flat with the prior year period.

NextNav To Acquire Additional Lower 900 MHz Band Spectrum Licenses

Retrieved on:

Monday, March 11, 2024

Court, Federal, NN, Federal Communications Commission, PNT, NextNav, Hertz

MCLEAN, Va., March 11, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced it has signed an agreement to acquire spectrum licenses covering an additional 4 MHz in the lower 900 MHz band (902-928) from Telesaurus Holdings GB LLC, and Skybridge Spectrum Foundation. NextNav is acquiring the additional spectrum licenses for a total purchase price of up to $50 million, paid for through a combination of cash and NextNav common stock. The acquired licenses are in the same lower 900 MHz band as NextNav’s current licensed spectrum.

Key Points:

MCLEAN, Va., March 11, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced it has signed an agreement to acquire spectrum licenses covering an additional 4 MHz in the lower 900 MHz band (902-928) from Telesaurus Holdings GB LLC, and Skybridge Spectrum Foundation.
NextNav is acquiring the additional spectrum licenses for a total purchase price of up to $50 million, paid for through a combination of cash and NextNav common stock.
The acquired licenses are in the same lower 900 MHz band as NextNav’s current licensed spectrum.
“We are excited to add additional spectrum licenses to our portfolio and following the close of this significant transaction, NextNav’s combined assets will total 3.5 billion MHz-PoPs of low band spectrum,” stated NextNav CEO Mariam Sorond.

NextNav Announces Date for Fourth Quarter and Full Year 2023 Earnings Call

Retrieved on:

Wednesday, March 6, 2024

ID, NN, PNT, NextNav, Mobile phone

Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I629368796093022208 .

Key Points:

Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I629368796093022208 .
After registering, each participant will be provided with call details and a registrant ID.
To access the live webcast or a replay, visit the Company’s investor relations website at https://ir.nextnav.com/ .
A replay of the call can also be accessed via phone through March 20, 2024 by dialing (800) 770-2030 from the U.S., or (647) 362-9199 from outside the U.S.

NextNav Announces Appointment of John Muleta to Board of Directors

Retrieved on:

Monday, January 22, 2024

Senior, University, Technology transfer, MBA/JD, FCC, NN, E911, Entrepreneurship, NextNav, Private sector, PSINet, Audit committee, Systems engineering, PNT, Management

MCLEAN, Va., Jan. 22, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced the appointment of John Muleta to the company’s Board of Directors, effective January 18, 2024.

Key Points:

MCLEAN, Va., Jan. 22, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced the appointment of John Muleta to the company’s Board of Directors, effective January 18, 2024.
Mr. Muleta has been appointed as a member of the Audit Committee of the Board.
Following the appointment of Mr. Muleta, the Board is now comprised of seven directors.
“We are delighted to welcome John to the NextNav Board of Directors," stated NextNav CEO Mariam Sorond.

NextNav Announces CEO Transition

Retrieved on:

Thursday, November 30, 2023

MCLEAN, Va., Nov. 30, 2023 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today announced the appointment of Mariam Sorond, a veteran industry leader, as NextNav’s new Chief Executive Officer, effective November 29, 2023. Ms. Sorond will also join NextNav’s Board of Directors upon assuming her new role as CEO. Ganesh Pattabiraman, NextNav’s Co-Founder and current CEO made the personal decision to step down from his role as CEO and member of the Board of Directors at NextNav to spend more time with family. Mr. Pattabiraman plans to remain as a senior advisor to the Company for two years.

Key Points:

Ms. Sorond will also join NextNav’s Board of Directors upon assuming her new role as CEO.
Ganesh Pattabiraman, NextNav’s Co-Founder and current CEO made the personal decision to step down from his role as CEO and member of the Board of Directors at NextNav to spend more time with family.
“We are thrilled to welcome Mariam as NextNav’s CEO,” said Gary Parsons, NextNav’s Chairman of the Board of Directors.
Mr. Parsons noted that current CEO Ganesh Pattabiraman was instrumental in Ms. Sorond’s recruitment, and he plans to continue to support NextNav in a senior advisory function.

NextNav Inc. Reports Third Quarter 2023 Results

Retrieved on:

Wednesday, November 8, 2023

NN, 3D, San Francisco Bay Area, GPS, Mobile, Balance sheet, ID, NextNav, Private sector, PNT, Federal, Pinnacle, Investment, State, Cryptocurrency, Television, Security (finance), E911

MCLEAN, Va., Nov. 08, 2023 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav’s third quarter ended September 30, 2023.

Key Points:

MCLEAN, Va., Nov. 08, 2023 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav’s third quarter ended September 30, 2023.
On the spectrum front, following the receipt of the FCC’s experimental license in 2Q 2023, we have now deployed a Bay Area TerraPoiNT network transmitting 5G waveforms.
Three and Nine Months Ended September 30, 2023, Financial Highlights:
Revenue: was $1.0 million in the three months ended September 30, 2023, as compared to $503,000 in the prior year period.
NextNav will host a conference call for analysts and investors at 5:00 PM ET on November 8, 2023, to discuss its financial results for the third quarter 2023 and business outlook.

NextNav Announces Date for Third Quarter 2023 Earnings Call

Retrieved on:

Thursday, October 26, 2023

NN, ID, GPS, NextNav, Online shopping

MCLEAN, Va., Oct. 26, 2023 /PRNewswire/ -- NextNav (Nasdaq: NN), a leader in next generation GPS, today announced that it will release its financial results for the second quarter ended September 30, 2023, after the market closes on Wednesday, November 8, 2023, and will host a conference call the same day at 5:00 PM ET to discuss its results.

Key Points:

Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://conferencingportals.com/event/TSgreOeK .
After registering, each participant will be provided with call details and a registrant ID.
To access the live webcast or a replay, visit the Company's investor relations website at https://ir.nextnav.com/ .
A replay of the call can also be accessed via phone through November 15, 2023, by dialing (800) 770-2030 from the U.S., or (647) 362-9199 from outside the U.S.

NextNav Inc. Reports Second Quarter 2023 Results

Retrieved on:

Wednesday, August 9, 2023

MCLEAN, Va., Aug. 09, 2023 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav’s second quarter ended June 30, 2023.

Key Points:

Closes $70 Million in Debt Financing, Including $50 Million in 2Q 2023
Expands E911 Partner Network with additional Nationwide U.S. Carrier
MCLEAN, Va., Aug. 09, 2023 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”), a leader in next generation GPS and 3D geolocation, today reported financial results for NextNav’s second quarter ended June 30, 2023.
Ganesh Pattabiraman, NextNav Co-founder and CEO, stated, “We continue to see solid strategic momentum in the business as we move into the second half of the year.
Additionally, we are seeing significant traction in the quarter in our underlying technology licenses as well as government grants.
NextNav will host a conference call for analysts and investors at 5:00 PM ET on August 9, 2023, to discuss its financial results for the second quarter 2023 and business outlook.