Added to YB: 2025-09-08
Pitch date: 2025-09-04
NN [bearish]
NextNav Inc.
-2.56%
current return
Author Info
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Company Info
NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers.
Market Cap
$1.7B
Pitch Price
$16.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
-31.69
P/E
-10.73
EV/Sales
322.23
Sector
Software
Category
special_situation
NextNav: Desperate FCC Petition is a Lose-Lose for Shareholders. 100% Downside
NN short: Failing navigation co w/ $920M losses, $190M debt petitioning FCC for 15MHz spectrum windfall worth ~$4B. Former FCC Chairman sees 'significant challenges' - likely auction required vs free grant. Opposition overwhelming: 2000 docs vs <10 supportive. Faces $30B+ incumbent retuning costs. Trump history against spectrum windfalls (C-Band). 100% downside.
Read full article (21 min)