FCC Takes Important Step Towards New Band Plan and Creation of Complement and Backup to GPS
NextNav Inc. (NN)
Company Research
Source: GlobeNewswire
RESTON, Va., Aug. 06, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN), a leader in next generation positioning, navigation, timing (PNT) and 3D geolocation, announced today that the Federal Communications Commission (FCC) released a public notice seeking comment on its innovative spectrum solution in the Lower 900 MHz band (902-928 MHz band). On April 16, NextNav filed a rulemaking petition asking the FCC to open this proceeding to reconfigure the Lower 900 MHz band and adopt new rules to enable a terrestrial 3D PNT network to complement and back up the Global Positioning System (“GPS”). This rearrangement of the band would also free up 15 MHz of valuable low-band spectrum for 5G broadband while appropriately protecting incumbent operations. “We appreciate the FCC’s public notice, an important next step in delivering an innovative spectrum solution in the Lower 900 MHz band,” said NextNav CEO Mariam Sorond. “Providing a complement and backup to GPS is critical for safeguarding thin
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News
- With 36% stake, NextNav Inc. (NASDAQ:NN) seems to have captured institutional investors' interest [Yahoo! Finance]Yahoo! Finance
- NextNav, Inc. (NN) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- NextNav Inc. Reports Second Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- NextNav Inc. Reports Second Quarter 2024 ResultsGlobeNewswire
- FCC Takes Important Step Towards New Band Plan and Creation of Complement and Backup to GPS [Yahoo! Finance]Yahoo! Finance
NN
Earnings
- 8/7/24 - Miss
NN
Sec Filings
- 8/27/24 - Form 4
- 8/13/24 - Form 144
- 8/13/24 - Form 4
- NN's page on the SEC website