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Dan McDermott

Research Analyst at Oppenheimer & Co. Inc.

New York, NY, US

Dan McDermott is an Equity Research Associate at Oppenheimer & Co. Inc., specializing in the investment banking industry with a strong focus on financial analysis and industry trends. At Oppenheimer, he contributes to research coverage of significant investment banking firms, providing in-depth analytical support and insights into sector performance. McDermott began his career in equity research and has developed expertise in evaluating complex financials while supporting senior analysts within the firm. He holds relevant securities licenses and is recognized for his analytical rigor in interpreting banking sector developments.

Dan McDermott's questions to NEXTNAV (NN) leadership

Question · Q2 2025

Dan McDermott from Oppenheimer & Co. Inc. inquired about the multiple partnership opportunities mentioned, seeking more detail on the recent announcement with Adtran and Oscilloquartz.

Answer

CEO Mariam Sorond described the Adtran and Oscilloquartz collaboration as a key example of NextNav's 'system of systems' strategy. She explained that NextNav's technology will be integrated into a multi-source timing receiver to demonstrate enhanced PNT resiliency using 5G-based timing, creating a valuable opportunity to combine multiple non-GPS sources.

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