NextNav Inc.

NextNav and AiRANACULUS Partner to Advance Long-Range 5G Sensing and Counter-UAS Detection

NextNav announced a strategic partnership with AiRANACULUS to advance integrated sensing and communications (ISAC) across NextNav's licensed lower 900 MHz spectrum for low-altitude airspace monitoring. The collaboration combines NextNav's ground-based 5G-powered 3D PNT network with AiRANACULUS's signal processing to extend drone sensing and counter-UAS early-warning range while reducing infrastructure needs. Initial testing will focus on extended-range threat detection within NextNav's 5G PNT Network footprint in Santa Clara County, California, supporting national security and critical-infrastructure use cases.

•1mo ago

World’s First 5G PNT Network Demonstrates Single-Digit-Meter Positioning Performance

NextNav announced initial real-world field validation of single-digit-meter positioning accuracy using standards-based 5G Positioning Reference Signals transmitted from its 5G PNT Network in Santa Clara County, California. Field testing covered 17 urban and suburban locations — 10 outdoor and 7 indoor — and where GPS comparison was possible outdoors, NextNav's accuracy was within one meter of GPS. The milestone supports commercialization of a terrestrial 3D PNT layer designed to complement and back up GPS in indoor and dense-urban environments where satellite signals are degraded or unavailable, with applications spanning public safety, national security, and commercial use cases. Senior Principal Engineer Sameet Deshpande will present the detailed testing results at ION GNSS+ 2026 in Orlando on September 17.

•1mo ago

NextNav and Tiami Networks Partner to Protect Against Unmanned Aircraft System Threats

NextNav partnered with Tiami Networks to develop 5G-powered counter-UAS detection solutions, leveraging NextNav's 3D PNT network and Tiami's integrated sensing expertise. The collaboration will utilize NextNav's Santa Clara County testbed to evaluate long-range, 900 MHz-based sensing capabilities for national security and critical infrastructure use cases. Executives highlighted the urgent need for wide-area situational awareness against drone threats and the potential to combine low-band 5G capabilities with advanced RF sensing.

•2mo ago

NextNav Inc. Reports Second Quarter 2026 Results and Operational Highlights

NextNav reported Q2 revenue of $1.15 million, down slightly from $1.20 million in the prior year, while net loss narrowed significantly to $33.8 million from $63.2 million. The company strengthened its balance sheet substantially, ending the quarter with $298 million in liquidity after eliminating $190 million in convertible debt and redeeming all public warrants. Operationally, NextNav announced partnerships with Tiami Networks and Safran Electronics & Defense to advance its 5G-powered 3D PNT solutions for counter-UAS and defense applications.

•2mo ago

NextNav and Safran Electronics & Defense Announce Agreement to Demonstrate 5G-Powered PNT Interoperability

NextNav announced an agreement with Safran Electronics & Defense to demonstrate interoperability between NextNav's terrestrial 5G PNT network and Safran's receivers. The collaboration will evaluate how terrestrial 5G-powered PNT capabilities can complement GPS to enhance resilience for autonomous systems and critical infrastructure. Testing results will support performance assessments for national security and public safety use cases.

•3mo ago

NextNav Completes Redemption of Warrants and Convertible Notes

NextNav completed the redemption of all outstanding public warrants and all 5.00% Senior Secured Convertible Notes due 2028, receiving approximately $170 million in cash proceeds from warrant exercises. The redemptions were triggered by NextNav's common stock maintaining closing prices above $18.00 for warrants and above 160% of the notes' conversion price for at least 20 trading days within 30 trading day periods. The transactions eliminate all convertible debt and significantly reduce the warrant overhang, creating long-term financial flexibility for the company's 3D PNT mission.

•4mo ago

NextNav Announces Redemption of 5.00% Senior Secured Convertible Notes

NextNav announced the redemption of all outstanding 5.00% Senior Secured Convertible Notes due 2028, with a total principal amount of approximately $186.5 million. The redemption is triggered because NextNav's stock price exceeded 160% of the conversion price for at least 20 of the last 30 trading days, allowing the company to retire the debt at par plus accrued interest. Holders may elect to convert their notes before the June 25 redemption date; any unconverted notes will be redeemed for cash, simplifying the capital structure and eliminating potential dilution.

•4mo ago

NextNav Aims for Safe Drone-dominant Future with GSMA and Industry Partners

NextNav has joined GSMA and industry partners in a Joint Requirements Statement aimed at enabling safe, trusted, and scalable drone operations using mobile networks. The initiative leverages NextNav’s 5G-powered 3D positioning, navigation, and timing (PNT) technology to provide resilient low-altitude geolocation for unmanned aircraft systems. This collaboration aligns with NextNav’s strategy to support American drone dominance and complements its recent FCC comments advocating for 5G-based PNT in national airspace.

•4mo ago

NextNav Joins OCUDU Ecosystem Foundation to Advance Open Source 5G and 6G Integrated Sensing and PNT

NextNav has joined the OCUDU Ecosystem Foundation, hosted by the Linux Foundation, to advance open-source 5G and 6G integrated sensing and positioning capabilities. The company will collaborate to embed its Positioning Reference Signal (PRS) technology into the OCUDU open-source RAN stack, aiming to make resilient PNT a native feature of future wireless networks. This move aligns NextNav with the Department of War's FutureG Office and positions its terrestrial PNT solutions as a critical backup to GPS for national security and public safety applications.

•5mo ago