NextNav Inc. (NN) company profile
Close on Nov 13, 2026Market cap $1.47BP/E –Yield –
About NextNav
Search, Detection, Navigation, Guidance, Aeronautical Sys, SIC 3812
NextNav provides resilient terrestrial positioning, navigation, and timing solutions engineered to complement and back up space-based satellite systems like GPS. Utilizing low-band spectrum assets and specialized transmitter networks, the company delivers three-dimensional location data that penetrates buildings and resists signal interference or spoofing. Its offerings include Pinnacle, an altitude determination system serving public safety, and TerraPoiNT, a ground-based positioning platform. NextNav targets wireless telecommunications carriers, application developers, and federal, state, and local government entities, while advancing its NextGen technology to integrate positioning reference signals directly into commercial 5G cellular infrastructure.
The company operates its Pinnacle network across more than 4,400 cities in the top 105 major U.S. metropolitan areas and maintains commercial service in Japan. NextNav's corporate headquarters and principal executive offices are located in Reston, Virginia, supported by primary technology operations in Santa Clara, California, and international research facilities in France and India.
Summary of the business section of NextNav's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NextNav Inc.
- Founded
- 2007
- Headquarters
- Reston, VA
- Address
- 11911 Freedom Drive, Ste 200 20190
- Phone
- (800) 775-0982
- Website
- nextnav.com
- Employees
- 103, Dec 31, 2025
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Tysons, Virginia
Stock & identifiers
- Ticker
- NN
- Other tickers
- NXNVW
- Exchange
- Nasdaq
- IPO date
- Nov 2, 2020
- Shares outstanding
- 169M, Aug 7, 2026
- Public float
- $1.71B, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Emerging growth company
- SEC CIK
- 1865631
- CUSIP
- 65345N106
- ISIN
- US65345N1063
- FIGI
- BBG017XG00X4
- Share class FIGI
- BBG017XG00Z2
- LEI
- 549300X9CM76JRB02P70
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mariam Sorond | CEO, President and Director | 1,168,961 |
| Timothy Gray | Chief Financial Officer | 120,687 |
| Susan Brasse Insley | Chief Operating Officer | 163,835 |
| Sammaad Shams | Chief Accounting Officer | 68,938 |
| James S. Black | General Counsel | 89,810 |
| Christian D. Gates | Chief Financial Officer | 828,059 |
| Arun Raghupathy | Senior Vice President | 1,087,019 |
| Robert Lantz | General Counsel | 88,065 |
| Neil S. Subin | Director | 3,436,812 |
| Lorin Selby | Director | 20,704 |
| Alan B. Howe | Director | 336,661 |
| Bandel L. Carano | Director | 188,568 |
| Lisa Hook | Director | 12,095 |
| Nicola Palmer | Director | 38,327 |
| Hugh Wyman Howard III | Director | 20,704 |
| John B. Muleta | Director | 66,830 |
| Jonathan Anthony Marcus | Director | 38,444 |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Mariam Sorond President and Chief Executive Officer and Chair of the Board of Directors | $800.00K | $999.99K | $3.91M | $800.00K | $17.33K | $6.52M | +113% |
| Timothy A. Gray Chief Financial Officer | $147.24K | $1.59M | $1.51M | – | $23.56K | $3.27M | – |
| James Black Senior Vice President, General Counsel and Secretary | $292.50K | $840.48K | $657.16K | – | $10.60K | $1.80M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025 , we employed 103 full-time employees, the majority in our headquarters in Reston, Virginia an d in our facility in Santa Clara, California.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 26, 2026 | Delisting | Notice of delisting from exchange (Form 25) |
| Sep 26, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 25, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 2, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 29, 2021 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 28, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 28, 2021 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 28, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 22, 2021 | Name change | Name changed from Spartacus Acquisition Shelf Corp. to NextNav Inc. |
| Jun 25, 2021 | Merger | Registration of securities for a merger or exchange offer (S-4) |
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