NextNav Announces Closing of Agreement to Acquire Additional Lower 900 MHz Band Licenses

RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (the "Company" or “NextNav”) [NASDAQ: NN], a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced the successful closing of its previously announced agreement to acquire M-LMS A-block licenses from Telesaurus Holdings GB LLC and Skybridge Spectrum Foundation. The transaction further enhances NextNav’s spectrum position and operational leadership in the Lower 900 MHz band. On June 20, 2025, the Federal