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NN, Inc. Recognized as Top Quality Supplier

Retrieved on: 
Mercredi, mai 29, 2024

NN’s customers’ products and systems are used in the China auto production industry for fuel systems, power steering, powertrains, and transmissions.

Key Points: 
  • NN’s customers’ products and systems are used in the China auto production industry for fuel systems, power steering, powertrains, and transmissions.
  • We are clearly focused on differentiation through unique products delivered on-time with outstanding quality.
  • NN received the 2023 “Excellent Quality Award” from the company’s Zhejiang plant, which is their second largest in China.
  • NN won DENSO’s 2023 “Excellent Quality Award” for the third consecutive year.

NextNav Announces Appointment of Jonathan Marcus to Board of Directors

Retrieved on: 
Jeudi, mai 16, 2024

MCLEAN, Va., May 16, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced the appointment of Jonathan A. Marcus to the Company’s Board of Directors, effective May 16, 2024.

Key Points: 
  • MCLEAN, Va., May 16, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced the appointment of Jonathan A. Marcus to the Company’s Board of Directors, effective May 16, 2024.
  • “We are excited to have Jon join the NextNav Board of Directors,” said NextNav CEO Mariam Sorond.
  • He is also currently on the board of directors for Anacomp, Inc. and Kaspien Holdings Inc.
  • “I am pleased to be joining the NextNav Board of Directors,” stated Mr. Marcus.

Precision Coating Expands Sales and Marketing Team, Names Eric Manojlović as the Manager of Orthopedic Sales

Retrieved on: 
Mardi, mai 14, 2024

Precision Coating Company, LLC is pleased to announce Eric Manojlović has joined the company as Manager of Orthopedic Sales.

Key Points: 
  • Precision Coating Company, LLC is pleased to announce Eric Manojlović has joined the company as Manager of Orthopedic Sales.
  • Based in Hudson, MA, Precision Coating serves global medical and technical companies offering value-added surface coatings and treatments.
  • View the full release here: https://www.businesswire.com/news/home/20240514045063/en/
    Eric Manojlović, Manager of Orthopedic Sales for Precision Coating Company, LLC (Photo: Business Wire)
    Manojlović is an experienced Sales Manager with 35 years of orthopedic medical device and surgical instrument experience.
  • Prior to joining Precision Coating, Manojlović served as Strategic Account Manager for Lincotek Medical and as Sales Development Manager for NN, Inc.

NextNav Inc. Reports First Quarter 2024 Results

Retrieved on: 
Mercredi, mai 8, 2024

MCLEAN, Va., May 08, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s first quarter ended March 31, 2024.

Key Points: 
  • Filed Rulemaking Petition with FCC on April 16, 2024
    MCLEAN, Va., May 08, 2024 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported financial results for NextNav’s first quarter ended March 31, 2024.
  • Mariam Sorond, NextNav's CEO stated, “NextNav is off to an exciting start to the year.
  • Three Months Ended March 31, 2024 Financial Highlights
    Revenue: was $1.0 million in the three months ended March 31, 2024, as compared to $830,000 in the prior year period.
  • NextNav will host a conference call for analysts and investors at 5:00 pm ET on Wednesday, May 8, 2024.

NextNav to Participate in Upcoming Investor Conferences

Retrieved on: 
Mercredi, mai 8, 2024

Management will participate in one-on-one meetings with investors.

Key Points: 
  • Management will participate in one-on-one meetings with investors.
  • Management will present at 3:45 pm ET on Thursday, May 16, 2024, and will conduct one-on-one meetings with investors.
  • B. Riley Securities’ 24th Annual Institutional Investor Conference on May 22-23, 2024 at the Beverly Hilton Hotel in Beverly Hills, CA.
  • Management will present at 9:00 am PT on Thursday, May 23, 2024, and will conduct one-on-one meetings with investors.

NextNav Announces Sanyogita Shamsunder as Chief Operating Officer

Retrieved on: 
Mardi, mai 7, 2024

MCLEAN, Va., May 07, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, announced the appointment of Dr. Sanyogita Shamsunder as NextNav’s new Chief Operating Officer, effective May 9, 2024.

Key Points: 
  • MCLEAN, Va., May 07, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, announced the appointment of Dr. Sanyogita Shamsunder as NextNav’s new Chief Operating Officer, effective May 9, 2024.
  • In this newly created role, Sanyogita will be overseeing business development, strategy, product and software, program and operations, and IT.
  • “Sanyogita’s appointment as NextNav’s Chief Operating Officer heralds a new chapter of innovation and growth,” NextNav Chief Executive Officer Mariam Sorond said.
  • I look forward to collaborating with the talented team at NextNav to create more value and shape the future."

NN, Inc. Reports First Quarter 2024 Results

Retrieved on: 
Lundi, mai 6, 2024

CHARLOTTE, N.C., May 06, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • CHARLOTTE, N.C., May 06, 2024 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the first quarter ended March 31, 2024.
  • Adjusted loss from operations for the first quarter of 2024 was $0.7 million compared to adjusted loss from operations of $0.4 million for the same period in 2023.
  • Net sales for the first quarter of 2024 were $48.2 million compared to $49.1 million in the first quarter of 2023, a decrease of 1.7%, or $0.9 million.
  • Net sales for the first quarter of 2024 were $73.1 million compared to $78.0 million in the first quarter of 2023, a decrease of 6.4%, or $4.9 million.

NextNav Announces Date for First Quarter 2024 Earnings Call

Retrieved on: 
Mercredi, avril 24, 2024

Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I629362 .

Key Points: 
  • Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I629362 .
  • After registering, each participant will be provided with call details and a registrant ID.
  • To access the live webcast or a replay, visit the Company’s investor relations website at https://ir.nextnav.com/ .
  • A replay of the call can also be accessed via phone through May 15, 2024 by dialing (800) 770-2030 from the U.S., or (647) 362-9199 from outside the U.S.

NN, Inc. to Hold First Quarter 2024 Earnings Conference Call on Tuesday, May 7, 2024

Retrieved on: 
Mercredi, avril 24, 2024

The company will hold a related conference call on Tuesday, May 7, 2024, at 9 a.m. E.T.

Key Points: 
  • The company will hold a related conference call on Tuesday, May 7, 2024, at 9 a.m. E.T.
  • The conference call will be webcast simultaneously and in its entirety through the NN, Inc. Investor Relations website.
  • Shareholders, media representatives and others may participate in the webcast by registering through the Investor Relations section on the company’s website at https://investors.nninc.com/ .
  • For those who are unavailable to listen to the live call, a replay will be available shortly after the call on NN’s website through May 7, 2025.

NextNav Lays Out New Vision for Complement and Backup to GPS with Additional Spectrum for Broadband Services

Retrieved on: 
Mardi, avril 16, 2024

MCLEAN, Va., April 16, 2024 (GLOBE NEWSWIRE) -- NextNav (Nasdaq: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, timing (“PNT”) and 3D geolocation, today filed a rulemaking petition asking the Federal Communications Commission (“FCC”) to deliver an innovative spectrum solution in the Lower 900 MHz band (902-928 MHz band). The petition proposes rearranging the band to facilitate a terrestrial PNT network and broadband.

Key Points: 
  • Provide 15 megahertz of low-band spectrum for use by mobile broadband networks.
  • This new vision for the Lower 900 MHz band unleashes spectrum for essential PNT solutions as well as broadband - all while protecting licensed incumbent operations,” stated NextNav CEO Mariam Sorond.
  • As a part of this proposed new band plan, NextNav would enable a terrestrial PNT service to serve as a much-needed backup and complement to GPS.
  • This modernized Lower 900 MHz band plan also creates access to 15 MHz of low-band spectrum for 5G services.