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13.20000 USD
0.445
3.49%
Last update May 2, 3:59 PM EDT
Market closed
Day range
12.91000
13.60000
Previous close
12.75500
Open
13
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NextNav Inc.
13.20
0.45
3.49%

Overview

Description

NextNav Inc. is a leading provider in the geolocation technology sector, focusing on delivering advanced navigation solutions. The company's core offerings revolve around providing precise vertical and horizontal positioning within dense urban environments where traditional GPS systems fall short. By leveraging technologies like geolocation and 3D data analytics, NextNav enhances location-based services crucial for a wide range of applications including emergency services, urban planning, and augmented reality innovations. NextNav's technology significantly impacts industries that require accurate and reliable location data, such as public safety, transportation, and telecom. It serves to augment GPS capabilities, ensuring users can access high-quality location information even in challenging environments like high-rise buildings where GPS signals are weak or unreliable. As a pivotal player in the spatial intelligence market, NextNav holds a strategic position by providing critical infrastructure that supports the growing demand for indoor navigation and location accuracy. Its contributions facilitate enhanced operational efficiencies and improved service delivery across sectors, reinforcing the importance of precision navigation in the digital age.

About

CEO
Ms. Mariam Sorond
Employees
96
Address
11911 Freedom Dr.
Ste. 200
Reston, 20190, VA
United States
Phone
(800) 775-0982
Website
Instrument type
Common stock
Sector
Technology
Industry
Software - Infrastructure
Country
United States
MIC code
XNCM
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