regulatory
confidence high
sentiment positive
materiality 0.60
FCC seeks comment on NextNav's petition to reconfigure Lower 900 MHz band
NEXTNAV INC.
- FCC public notice seeks comment on NextNav's April 16 petition to reconfigure 902-928 MHz band for 3D PNT network to complement GPS.
- Petition also aims to free up 15 MHz of low-band spectrum for 5G broadband while protecting incumbent operations.
- Comments due September 5, 2024; reply comments due September 20, 2024.
- NextNav is primary geographic licensee in Lower 900 MHz band; reconfiguration would enable terrestrial PNT backup to GPS.