- NextNav went public last year through a SPAC merger with Spartacus Acquisition Corporation, and its stock price is now down almost 80%.
- The geolocation software company is aiming to disrupt the current GPS space with its next-gen products.
- The TAM for geolocation is huge, and use cases are expanding with new industries like autonomous vehicles emerging.
- It is growing quickly, with the latest quarter revenue up over 400% as it start to land more commercial customers.
- I rate the company as a buy.
For further details see:
NextNav: A Next-Gen GPS Company With A Huge TAM