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New Poll Shows Overwhelming Bipartisan Support for Building Ground-Based Backup to GPS
Newsfilter· 2025-03-10 13:00
Core Viewpoint - A recent national Public Policy Polling survey indicates strong voter support for the establishment of a ground-based backup to the Global Positioning System (GPS), with a ten-to-one margin favoring the initiative across various demographics [1][2]. Voter Support and Demographics - The survey reveals that nearly 70% (68%) of voters consider the creation of a GPS backup an urgent national security need, with only 12% opposing this view [3]. - Support for a terrestrial GPS backup is widespread, transcending gender, political party, and age demographics, highlighting a significant bipartisan consensus [2]. Public Safety and National Security - A total of 83% of voters find the argument for a GPS backup convincing in terms of enhancing public safety, particularly for first responders [6]. - Additionally, 82% of respondents believe that a GPS backup is essential for safeguarding American commerce and national security [6]. Global Competition and Economic Impact - The poll shows that 81% of voters agree that a GPS backup is necessary for the U.S. to remain competitive with China [6]. - Economic implications are significant, with 81% of voters acknowledging that a GPS outage could cost the economy approximately $1.6 billion per day [6]. Company Overview - NextNav Inc. is recognized as a leader in next-generation positioning, navigation, and timing (PNT) technologies, providing reliable 3D geolocation solutions for critical infrastructure and commercial applications [4].
NextNav Announces Date for Fourth Quarter 2024 Earnings Call
Globenewswire· 2025-02-28 14:05
Core Viewpoint - NextNav is set to release its financial results for Q4 and the full year ended December 31, 2024, on March 12, 2025, after market close, followed by a conference call to discuss the results [1]. Company Overview - NextNav Inc. is a leader in next-generation positioning, navigation, and timing (PNT), focusing on 3D geolocation and PNT technology [4]. - The company utilizes low-band licensed spectrum to provide accurate, reliable, and resilient 3D PNT solutions for critical infrastructure, GPS resiliency, and commercial applications [4]. Conference Call Details - Registration for the conference call can be completed via a designated website, and participants will receive call details and a registrant ID [2]. - The conference call will also be available through a live webcast, with a replay accessible until March 19, 2025 [3].
Study Confirms Win-Win for 5G Operations and Unlicensed Technologies in Lower 900 MHz Band
Newsfilter· 2025-02-28 14:00
Core Viewpoint - NextNav has submitted a study to the FCC demonstrating that 5G operations can coexist with unlicensed devices in the Lower 900 MHz band without causing unacceptable interference [1][10]. Group 1: Study Findings - The study confirms that unlicensed devices can continue to operate alongside 5G under NextNav's proposal, with no unacceptable interference reported [10]. - In the San Francisco downtown area, 5G emissions are lower than those from NextNav's legacy M-LMS location service, indicating minimal impact [10]. - Analysis shows that unlicensed signals indoors are significantly stronger than 5G operations, suggesting that the incremental effect of 5G will be manageable for unlicensed devices [10]. Group 2: Technical and Regulatory Insights - NextNav's study analyzed five key unlicensed technologies, including LoRaWAN and Wi-Fi HaLow, which are designed for resilience and adaptability in shared spectrum environments [4]. - The company emphasizes that updating existing rules can address national security and public safety threats while protecting unlicensed devices [2]. - NextNav is conducting joint testing with Lower 900 MHz railroad licensees and is in discussions with toll operators to evaluate coexistence scenarios [5]. Group 3: Company Overview - NextNav Inc. is a leader in next-generation positioning, navigation, and timing (PNT) technologies, providing accurate and reliable 3D PNT solutions for various applications [7]. - The company is committed to ensuring that its operations do not interfere with co-primary licensed tolling and rail operations, as well as federal systems in the band [5].
NextNav Successfully Demonstrates Positioning Reference Signal-Based PNT Technology
Newsfilter· 2025-02-26 14:00
Core Insights - NextNav has successfully completed lab and field demonstrations of its Positioning, Navigation, and Timing (PNT) solution based on Positioning Reference Signal (PRS) standards in 5G waveforms, validating its technology for commercial deployment [1][2][3] Group 1: Technology Validation - The field test in Palo Alto, California, confirmed the effectiveness of NextNav's 5G PRS-based PNT solution, showcasing precise timing synchronization and robust positioning capabilities [2] - NextNav's technology aims to provide a resilient terrestrial complement and backup to traditional GPS signals, leveraging existing 5G infrastructure [3] Group 2: Strategic Vision - NextNav's mission includes building a widescale terrestrial PNT solution that works with 5G infrastructure and device providers, moving closer to its vision outlined in a petition to the FCC [3] - The company proposed reconfiguring the Lower 900 MHz band to enable a 5G-based terrestrial 3D PNT solution, which would support both GPS resiliency and 5G broadband deployment [3] Group 3: Industry Engagement - NextNav will host discussions at Mobile World Congress Barcelona 2025 to advance the 5G-based terrestrial 3D PNT capability, engaging with industry leaders [5] - The company is positioned as a leader in next-generation PNT technologies, enabling a new ecosystem of applications and services reliant on 3D geolocation [6]
NextNav Names Renee Gregory as Vice President of Regulatory Affairs
Globenewswire· 2025-02-12 14:15
Core Insights - NextNav Inc. has appointed Renee Gregory as Vice President of Regulatory Affairs to lead the company's regulatory strategy and FCC approval process [1][2] - Ms. Gregory brings over 20 years of experience in policy and spectrum, having held significant roles in both government and private sectors, including the White House Office of Science and Technology Policy and major tech firms [2] - The company aims to enhance GPS resiliency and address national security needs through a 5G-based terrestrial 3D positioning, navigation, and timing (PNT) service [3][4] Company Overview - NextNav Inc. specializes in next-generation positioning, navigation, and timing (PNT) technologies, focusing on 3D geolocation solutions [5] - The company utilizes low-band licensed spectrum to provide accurate and reliable PNT solutions for critical infrastructure and commercial applications [5] Regulatory Strategy - Ms. Gregory's role will involve guiding the FCC's rulemaking process to ensure decisions are based on sound engineering and public safety interests [4] - NextNav has petitioned the FCC to reconfigure the Lower 900 MHz band to support the deployment of its 5G-based terrestrial PNT service [4]
All You Need to Know About Spartacus Acquisition (NN) Rating Upgrade to Strong Buy
ZACKS· 2025-01-07 18:16
Core Viewpoint - NextNav Inc. has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which significantly influences stock prices [1] Group 1: Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, with the Zacks Consensus Estimate tracking EPS estimates from sell-side analysts [1][2] - The Zacks Rank stock-rating system classifies stocks into five groups, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7] Group 2: Earnings Estimate Revisions - Changes in a company's future earnings potential, reflected in earnings estimate revisions, are strongly correlated with near-term stock price movements [4] - For Spartacus Acquisition, the Zacks Consensus Estimate has increased by 13.2% over the past three months, indicating a positive trend in earnings outlook [8][10] Group 3: Market Implications - Rising earnings estimates and the corresponding rating upgrade for Spartacus Acquisition suggest an improvement in the company's underlying business, which could lead to higher stock prices [5] - The upgrade positions Spartacus Acquisition in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]
NextNav Inc. (NN) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-13 23:31
NextNav Inc. (NN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.67%. A quarter ago, it was expected that this company would post a loss of $0.15 per share when it actually produced a loss of $0.21, delivering a surprise of -40%.Over the last four quarters, the company has surpassed conse ...
NextNav Inc. Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-13 21:05
The Brattle Group Analysis Finds Total Quantified Value of Having a GPS Backup is $14.6 billion NextNav Continues Engineer-to-Engineer Dialogue with Appropriate Stakeholders RESTON, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s third quarter ended September 30, 2024. Mariam Sorond, NextNav CEO said, “In the third quarter, we continued efforts to advance ...
Will NextNav Inc. (NN) Report Negative Earnings Next Week? What You Should Know
ZACKS· 2024-11-06 16:05
Wall Street expects a year-over-year increase in earnings on higher revenues when NextNav Inc. (NN) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 1 ...
Spartacus Acquisition (NN) Stock Jumps 7.7%: Will It Continue to Soar?
ZACKS· 2024-11-05 17:05
NextNav Inc. (NN) shares ended the last trading session 7.7% higher at $12.87. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 53.6% gain over the past four weeks.The stock benefits from the company’s pioneering 3D geolocation technology, meeting the rising demand for precise location data in sectors like public safety and augmented reality. Strong partnerships, a solid patent portfolio, and a favorable regulatory ...