NextNav reports FY2025 results; no revenue/EPS disclosed; highlights FCC progress and cash

NEXTNAV INC.

Cash and short-term investments $152.1M as of Dec 31, 2025; net long-term debt $273.6M (face $190M).
CEO expresses confidence FCC is moving toward NPRM for terrestrial PNT backup to GPS.
Board expanded: Lisa Hook appointed Lead Independent Director on Feb 27, 2026.
Expanded partnership with Japan's MetCom; localized 5G PNT testing commenced Dec 2025.
No income statement figures provided; results discussed on March 17, 2026 conference call.

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