NextNav Granted Department of Transportation Award to Test PNT Services as a Complement and Backup to GPS [Yahoo! Finance]
NextNav Inc. (NN)
Company Research
Source: Yahoo! Finance
positioning, navigation, timing (“PNT”) and 3D geolocation, today announced a new award from the U.S. Department of Transportation (“U.S. DOT”) to conduct real-world field tests of its 3D PNT technologies to provide PNT information to meet critical infrastructure needs when GPS service is not available and/or degraded due environmental, unintentional, and/or intentional disruptions. As a part of this project, the U.S. DOT will test NextNav's 3D PNT technology, a terrestrial solution that delivers PNT as a complement and backup to GPS. This award comes from the U.S. DOT Volpe Center and is a part of its Complementary PNT Action Plan . According to the DOT, these awards will “facilitate adoption into systems that depend on secure and reliable PNT services.” In 2021, the U.S. DOT recognized NextNav's technology as the best-performing PNT technology in “all applicable use cases.” NextNav's terrestrial PNT technology creates a complete 3D solution for positioning in outdoor, urban, and
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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
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Earnings
- 8/7/24 - Miss
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Sec Filings
- 8/27/24 - Form 4
- 8/13/24 - Form 144
- 8/13/24 - Form 4
- NN's page on the SEC website