NextNav Inc. specializes in three-dimensional (3D) Positioning, Navigation, and Timing (PNT) solutions. The Company, as a license holder in a spectrum band expressly designated for terrestrial positioning services, is positioned to enable a widescale terrestrial complement and backup to Global Positioning System (GPS). Leveraging licensed low-band spectrum and the global 5G ecosystem, the Company is focused on delivering 3D PNT solutions. It delivers PNT services through its Pinnacle and TerraPoiNT solutions. The Pinnacle system provides an accurate altitude service and is primarily used for public safety applications, including enhanced 911 (E911) for Verizon and a number of devices operating on the remaining national cellular network providers. The TerraPoiNT system is a terrestrially based dedicated, complementary 3D PNT network designed to overcome the limitations inherent in the space-based nature of GPS. It serves various industries, including telecom and public safety.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 18.41% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 4.57M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 4.57M.
Fairly Valued
The company’s latest PB is -32.50, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 90.94M shares, decreasing 1.23% quarter-over-quarter.
Held by CI Select Canadian Equity Fund
Star Investor CI Select Canadian Equity Fund holds 161.00 shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 1.58.