NextNav(NN) - 2023 Q4 - Annual Results

Exhibit 99.1 NextNav Inc. Reports Fourth Quarter and Full Year 2023 Results Announced Transaction to Acquire Additional 900 MHz Spectrum Licenses Three and Twelve Months Ended December 31, 2023, Financial Highlights 1 Acquires Additional 900 MHz Spectrum Licenses: On March 11, 2024, NextNav announced it had signed an agreement to acquire spectrum licenses covering an additional 4 MHz in the lower 900 MHz band for a total purchase price of up to $50 million. Following close, NextNav's combined spectrum asset ...