Insley Susan Brasse sold $34K of NN

SpaceX's $8B spectrum deal could boost low-band spectrum value, benefiting Anterix (ATEX), NextNav (NN), and Gogo (GOGO). Roth Capital estimates GOGO's spectrum at $2.3B. AVNW and CRNT may also gain. ASTS fell 15%. T, VZ, TMUS declined 9-13%. ATEX, NN, GOGO shares rose 2.7-10%.

NextNav (NN) stock surged 10.3% after hitting a 52-week low, rebounding from a selloff triggered by an FCC regulatory delay. The company seeks to repurpose its 900 MHz spectrum for 5G-powered GPS backup, with support from SpaceX. Clear Street maintains a Buy rating. The broader market recovery also supported the rally.

NextNav reported Q2 2026 revenue of $1.15M, down from $1.20M a year prior, and a net loss of $33.76M, primarily due to noncash losses. The company converted $190M in convertible debt to common stock and redeemed public warrants, ending with $298M in liquidity. NextNav highlighted partnerships and progress in 3D PNT technology, including a SpaceX filing supporting its spectrum proposal and timing accuracy of 20 nanoseconds.

NextNav (NASDAQ:NN) highlighted Q2 developments on an earnings call. The FCC submitted a draft rulemaking on PNT technologies, and SpaceX filed an ex parte letter referencing NextNav’s 900 MHz proposal. NextNav also cited partnerships with Safran and Tiami Networks, Z-axis placement on a Tier 1 partner’s devices, and about 20 ns timing accuracy.

NEXTNAV INC. (NN) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 NextNav Inc. Reports Second Quarter 2026 Results and Operational Highlights RESTON, VA., August 11, 2026 -- NextNav Inc. (NASDAQ: NN) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported its financial results and op

NIPPON LIFE INSURANCE CO purchased 606,912 shares of Corebridge Financial, Inc. (CRBD) at $34.40 ($20.88M total) on 2026-10-07 under a Rule 10b5-1 trading plan.