NextNav Inc. (NN)

Over the past six months, NextNav's stock price has experienced fluctuations. As of October 24, 2025, the share price was $13.31, representing a 16.24% increase over the past year. Key events impacting the stock include the Q2 2025 earnings report, integration and commercialization milestones, the acquisition of additional licenses, the appointment of Tim Gray as CFO, and a partnership with First Due for first responders.

NextNav operates in the global GPS and PNT market, which is experiencing consistent and growing demand driven by increasing reliance on precise location services and the expansion of autonomous vehicles, drones, and the Internet of Things (IoT). The company expects revenue growth from its Pinnacle service and anticipates initial revenues from its TerraPoiNT technology.

NextNav, Inc. specializes in next-generation 3D Positioning, Navigation, and Timing (PNT) solutions, aiming to overcome the limitations of traditional space-based Global Positioning Systems (GPS). Its major products include Pinnacle, a z-axis service providing accurate vertical positioning data, TerraPoiNT, a terrestrial-based, encrypted network offering wide-area, 3D PNT services, and a Next Generation Solution (5G PRS-based 3D PNT) that is being actively developed and commercialized.

NextNav primarily provides its positioning, navigation, and timing solutions in the United States, with its Pinnacle service designed to cover entire metropolitan areas across the country.

NextNav's brand reputation has been positively influenced by the successful integration of its 5G-based PNT technology with Oscilloquartz's grandmaster clock, progress in 5G PRS-Based 3D PNT commercialization, and the partnership with First Due to provide vertical location and 3D visualization for first responders.

NextNav Inc. has a mixed ownership structure, with significant institutional, insider, and public/individual investor holdings. Major institutional owners include Fortress Investment Group LLC, BlackRock, Inc., and Vanguard Group Inc. Osi Capital Management LLC is noted as the largest individual NextNav shareholder.