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22.09.26 - 14:33
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NextNav Expands Leadership Team with Two Key Hires (Business Wire)
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Marissa Mitrovich Joins as Vice President of Government Affairs, Vijay Venkateswaran Named Chief Business Development OfficerRESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN), a leader in next-generation positioning, navigation, and timing (PNT) and 3D geolocation, announced today that Marissa Mitrovich has joined the company as Vice President of Government Affairs, and Vijay Venkateswaran has been appointed Chief Business Development Officer. Together, the hires bring decades of policy and commercial business development and strategy expertise necessary to advance the company's 5G-powered 3D PNT and sensing solutions with stakeholders on Capitol Hill, in the wireless network and critical infrastructure industry, and beyond.
“Marissa and Vijay bring the experience, judgment, and leadership we need as NextNav enters its next stage of growth,” said Mariam Sorond, NextNav's Chief Executive Officer and Board Chair. “Marissa's recognized leadership in telecommunications policy and government aff...
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11.08.26 - 22:09
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NextNav Inc. Reports Second Quarter 2026 Results and Operational Highlights (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported its financial results and operational updates for the quarter ended June 30, 2026.
“We are pleased to have strengthened our position across every dimension of our business, from our balance sheet and strategic partnerships to our regulatory engagement and technology validation,” said Mariam Sorond, CEO of NextNav. “We continue to work constructively through the FCC and interagency process while demonstrating the real-world capabilities of our terrestrial 5G-powered 3D PNT solution. Our conviction remains unchanged that NextNav can play a critical role in enabling a resilient, future-proof complement and backup to GPS. We have full trust in an FCC process that has, time and time again, successfully resolved spectrum matters through a transparent, engineering-driven process.”
Operational Highlights
Today, NextNav is pleased to announce Tiami...
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23.07.26 - 22:03
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NextNav Announces Date for Second Quarter 2026 Earnings Call (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (“NextNav”) [NASDAQ: NN], a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced that it will release its results for the second quarter ended June 30, 2026 after market close on Tuesday, August 11, 2026, 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 website prior to, or on the day of, the conference call: https://events.q4inc.com/attendee/857071314. After registering, each participant will be provided with call details and a registrant ID. Reminders will also be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast.
To access the live webcast or a replay, visit the Company's investor relations website at https://ir.nextnav.com/.
To receive replay details, please register through the link above. After registering for replay detail...
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30.06.26 - 22:03
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NextNav Completes Redemption of Warrants and Convertible Notes (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next-generation 3D Positioning, Navigation, and Timing (PNT) solutions, today announced the completion of two significant milestones: (i) the redemption of all outstanding public warrants (NASDAQ: NNAVW) (the “Warrants”); and (ii) the redemption of all outstanding 5.00% Senior Secured Convertible Notes due in 2028 (the “Notes”).
Through these transactions, NextNav received approximately $170 million in cash proceeds from Warrant exercises and extinguished all of the Notes.
These transactions were made possible by the sustained performance of NextNav's common stock (the “Common Stock”). The Company's right to execute each redemption was triggered by achievement and maintenance of certain Common Stock closing prices for at least 20 trading days within 30 trading day periods. In the case of the Warrants, that closing price was $18.00 per share, while the Notes required a closing...
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