- CEO
- Mariam Sorond
- Full Time Employees
- 96
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Address
- 1775 Tysons Boulevard McLean DE United States of America 22102
- IPO Date
- Oct 29, 2021
- Business
- NextNav Inc. is a leader in next-generation positioning, navigation, and timing (PNT) solutions, specializing in three-dimensional (3D) geolocation services primarily within the United States. The company offers core products including Pinnacle, an accurate altitude service; TerraPoiNT, a land-based radio positioning and timing network; and a broader 3D PNT solution that leverages licensed low-band spectrum and the global 5G ecosystem for enhanced vertical location accuracy. NextNav’s technology targets government, public safety, and commercial applications by providing Nation Critical, Life Critical, and Business Critical location data. The company conducts its operations mainly across over 4,400 cities and towns in the U.S., with a growing international footprint following its acquisition of Nestwave SAS, a European low-power geolocation provider. Founded in 2007 and headquartered in Reston, Virginia, NextNav holds the largest license in a spectrum band designated for terrestrial positioning services, enabling it to develop a terrestrial complement and backup to GPS.
Recent strategic developments include the 2022 acquisition of Nestwave SAS for approximately $19.3 million, expanding NextNav’s technology platform and European market presence. In 2025, NextNav achieved a major technological milestone by successfully advancing its NextGen PNT solution towards widescale commercialization using standard 5G network equipment, enabling simultaneous precise timing, positioning, and 5G data transmissions. The company also extended its network agreement with AT&T by two years and acquired additional lower 900 MHz band licenses to enhance its spectrum holdings. These operational advancements highlight NextNav's focus on becoming a resilient terrestrial complement to GPS and advancing 5G-powered 3D PNT services to protect national security and public safety. NextNav is publicly traded on NASDAQ under the ticker NN and continues to advocate with the FCC for regulatory approvals critical to speeding up commercialization of its PNT technologies.
NextNav operates primarily in the technology and telecommunications industry segments, focusing on next-generation geolocation and 3D navigation services. Its customer base includes government agencies, public safety organizations, and commercial enterprises requiring reliable and accurate positioning, navigation, and timing. The company’s offerings are built to improve vertical location accuracy, crucial for indoor and urban environments, and to support new applications in the 5G ecosystem. NextNav’s strategic expansions and technological innovations position it as a key player in the evolving PNT market, with a strong emphasis on the U.S. market and an expanding international presence through its strategic acquisitions and partnerships.