NextNav Inc. (KK0)
XFRA 
Summary
KK0 Chart
NextNav Q1 Earnings Call Highlights
NextNav NASDAQ: NN executives said the company continues to advance its regulatory, testing and commercialization efforts tied to a proposed terrestrial complement and backup to GPS, while reporting a first-quarter net loss that was partly offset by non-cash gains tied to warrant and derivative liabilities.
NextNav Inc. (NN) Reports Q1 Loss, Beats Revenue Estimates
NextNav Inc. (NN) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to a loss of $0.15 per share a year ago.
Spartacus Acquisition (NN) Soars 26.6%: Is Further Upside Left in the Stock?
Spartacus Acquisition (NN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
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NextNav Inc. Profile
| IT Services Industry | Information Technology Sector | Ms. Mariam Sorond CEO | XFRA Exchange | 65345N106 CUSIP |
| US Country | 103 Employees | - Last Dividend | - Last Split | 28 Oct 2021 IPO Date |
Overview
Founded in 2007 and headquartered in McLean, Virginia, NextNav Inc. is at the forefront of providing next-generation positioning, navigation, and timing (PNT) solutions across the United States. Specializing in advanced technologies that offer precise location and timing services, NextNav caters to a wide array of applications ranging from Wi-Fi and telecom to public safety, gaming, location-based apps, and critical infrastructure systems. With a focus on enhancing both indoor and outdoor location capabilities, the company is dedicated to redefining PNT services to meet the evolving needs of a digitally connected world.
Products and Services
NextNav Inc. offers a suite of pioneering products and services designed to provide precise and reliable positioning, navigation, and timing solutions.
- Pinnacle: This state-of-the-art service leverages a dedicated vertical positioning network that spans entire metropolitan areas. It is specifically designed to work with devices equipped with a barometric pressure sensor, providing the highest quality wide-area altitude service available. Pinnacle is instrumental in enhancing location capabilities for a host of applications, including navigation, public safety, and urban mobility.
- TerraPoiNT: As a groundbreaking 3D PNT system, TerraPoiNT offers an alternative to traditional GPS services through a land-based satellite constellation. This innovative approach ensures more reliable and precise positioning, navigation, and timing services, particularly where GPS signals are weak or unavailable. TerraPoiNT serves a critical role in supporting various sectors, including telecommunications, critical infrastructure, and emergency services, by providing a resilient and accurate PNT solution.
