NEXTNAV INC.

This Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include, but are not limited to, statements regarding our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, and are not guarantees of future performance. The words “may,” “anticipate,” “believe,” “expect,” “intend,” “might,” “plan,” “possible,” “potential,” “aim,” “strive,” “predict,” “project,” “should,” “could,” “would,” “will” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements in this Quarterly Report on Form 10-Q include, among other things, statements about:

 expectations related to the successful resolution and timing of our petition before the Federal Communications Commission (“FCC”) to modify our Lower 900 MHz licenses;

 expectations regarding our strategies and future financial performance, including our future business plans or objectives;

 expected functionality of our geolocation services;

 anticipated timing and level of deployment of our services;

 anticipated demand and acceptance of our services;

 prospective performance and commercial opportunities and competitors;

 the timing of obtaining regulatory approvals, the achievement of certain Federal Communications Commission (“FCC”) related milestones and FCC approvals;

 our ability to finance our research and development activities, commercial partnership acquisition and retention, products and services, pricing, marketing plans, operating expenses, market trends, revenue, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives;

 our ability to evolve our technology to be compatible with 5G New Radio technologies, and realize the technical benefits of such proposed evolution;

 our ability to recognize the anticipated benefits associated with Asset Purchase Agreement (as defined in Note 5 in the notes to the consolidated financial statements below) and any subsequent asset purchases, mergers, acquisitions, or other similar transactions, which may be affected by, among other things, competition, and the ability of the combined business to grow and manage growth profitably;

 factors relating to our future operations, projected capital resources and financial position, estimated revenue and losses, projected costs and capital expenditures, prospects and plans, including the potential increase in customers and expectations about international markets;

 projections of market growth and size, including the level of market acceptance for our services;

 our ability to adequately protect key intellectual property rights or proprietary technology;

 our ability to evolve our technology to be compatible with 5G New Radio (“5G NR”), and realize the technical benefits of such proposed evolution;

 our ability to maintain our Location and Monitoring Service (“LMS”) licenses and obtain additional LMS and other licenses as necessary;

 our ability to maintain adequate operational financial resources or raise additional capital or generate sufficient cash flows, including the adequacy of our financial resources to meet our operational and working capital requirements for the 12 month period following the issuance of this report;

 our ability to maintain an effective system of internal controls;

 our success in recruiting and/or retaining officers, key employees or directors;

 our statements regarding the factors that may impact our financial results and stock price; and

 the outcome of any known and unknown litigation and regulatory proceedings.

Forward-looking statements are based on information available as of the date of this Quarterly Report on Form 10-Q, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update or revise any forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

For additional information regarding risk factors that could cause actual results or events to differ materially from the forward-looking statements that we make, see Part II, Item 1A, “Risk Factors” of this Quarterly Report on Form 10-Q, and Part I, Item 1A, “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2025, as well as those otherwise described or updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”).

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