Spire Global

Spire Global, Inc. collects space-based data using a proprietary constellation of low earth multi-use receiver nanosatellites. Its software analytics generate proprietary data, insights and predictive analytics for its customers through a subscription model. The company was founded by Peter Platzer in August 2012 and is headquartered in Vienna, VA.

Earnings data Q3 2021

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Spire Global reports revenue growth and strategic partnerships for 2024

Spire Global's Q1 2024 performance showed revenue growth, improved operating loss, and a strong cash position, with a positive outlook for full-year revenue.
The company's strengths lie in its focus on profitability, AI-driven solutions, strong market positioning, and strategic partnerships.
Challenges include short-term revenue impacts, contract renewals, and potential integration complexities, while opportunities exist in expanding services, government interest, and advanced technology collaborations.
Overall, Spire Global remains committed to growth, innovation, and profitability in the space industry, leveraging AI and strategic partnerships for future success.

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VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, announced the launch of its High-Resolution Weather Forecast model, a differentiated regional high-resolution weather forecasting service designed to meet the critical demands of the energy and commodity markets. The solution provides precise and customizable weather forecasts extending up to six days, with the capability to be run at res.

Spire Global Launches Space-Driven High-Resolution Weather Forecast for Utilities and Commodity Traders

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Spire Global, Inc. offers space-based research and analytics services to commercial entities and governments, with a focus on aviation, maritime, and defense industries. The company has shown solid top-line growth, with revenue expected to continue growing at a rate of 28% through FY25. Spire is working towards becoming profitable at the operating level and expects to generate positive operating cash flow in Q4.

Spire Global: Some Tidy Improvements, But Upside Could Be Capped In The Short-Term

BREMEN, Germany--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today at Space Tech Expo Europe unveiled Constellation Management Platform, a web-based app that simplifies satellite constellation operations through its user-friendly interface. The development of the platform is co-funded by the European Space Agency (ESA) under ARTES Core Competitiveness (CC) Programme with a €1.5 million.

Spire Global Unveils Satellite Mission Operations Platform

VANDENBERG SPACE FORCE BASE, Calif.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, successfully launched eleven satellites on the SpaceX Transporter-9 mission from Vandenberg Space Force Base, including ten satellites for Space Services customers and one for Spire's data and analytics solutions. Spire Achieves Milestone with Largest Number of Space Services Customers on Single Launch Spir.

Spire Global Successfully Launched 11 Satellites on SpaceX's Transporter-9 Mission

Spire Global, Inc. (NYSE:SPIR ) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Ben Hackman - Head, IR Peter Platzer - CEO Leo Basola - CFO Conference Call Participants Austin Moeller - Canaccord Genuity Erik Rasmussen - Stifel Rick Prentiss - Raymond James Stephen Bolligon - Baird Operator Greetings, and welcome to Spire Global's Third Quarter 2023 Conference Call. Our host for today's call is Ben Hackman, head of investor relations.

Spire Global, Inc. (SPIR) Q3 2023 Earnings Call Transcript

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading provider of space-based data, analytics and space services, today announced results for its quarter ended September 30, 2023. The Company will hold a webcast at 5:00 pm ET today to discuss the results. “As more businesses and organizations are leveraging data and insights from space, we are continuing to see this demand translate into profitable growth opportunities for our business,” said Peter.

Spire Global Announces Strong Third Quarter 2023 Results; Reaffirms Expectations for Positive Cash Flow from Operations by Year End; Increases Revenue and Earnings Guidance

Spire Global, Inc. (SPIR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Spire Global, Inc. (SPIR) Expected to Beat Earnings Estimates: Should You Buy?

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced it was awarded a subcontract by Riverside Research, an advanced research nonprofit, to provide star tracker imagery as part of the Data Exploitation and Enhanced Processing for Space Domain Awareness (DEEP-SDA) project on behalf of the United States Space Force (USSF). The DEEP-SDA project aims to address the criti.

Spire Global Awarded Subcontract by Riverside Research for United States Space Force Space Domain Awareness Program

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading provider of space-based data, analytics and space services, announced today that it will hold a conference call with investors and analysts on Wednesday, November 8, 2023 at 5:00 p.m. ET to discuss the Company's third quarter 2023 financial results. The news release announcing the third quarter 2023 results will be disseminated on November 8, 2023 after the market closes. A live webcast of the co.

Spire Global Schedules Third Quarter 2023 Results Conference Call

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was selected by MAN Energy Solutions (“MAN-ES”), a global player within the marine, energy and industrial sectors, to provide weather data and real-time automatic identification system (AIS) vessel-tracking data. According to McKinsey & Co, the shipping industry can decrease fuel consumption by 1% through optimized vessel execution an.

Spire Global Selected by MAN Energy Solutions to Accelerate Digitalization Across the Maritime Industry

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VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has been selected for a Multiple-Award, Indefinite Delivery Indefinite Quantity (IDIQ) contract by NASA to provide Earth observation data for the agency's Commercial Smallsat Data Acquisition (CSDA) Program. The contract will be effective for five years with the opportunity to compete for task orders under a $476 million shared ce.

Spire Global Selected for NASA IDIQ Contract with $476 Million Ceiling

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced it was awarded a $2.8 million, 12-month contract by the National Oceanic and Atmospheric Administration (NOAA) for satellite weather data. The contract is part of NOAA's Commercial Weather Data Pilot (CWDP) Ocean Surface Winds Pilot Study, aimed at advancing the understanding of climate, weather and oceanic conditi.

Spire Global Awarded $2.8 Million Contract by the National Oceanic and Atmospheric Administration for Satellite Weather Data

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was selected by Estuaire, a data firm empowering the aviation industry to reduce its environmental impact, to supply global aviation insights. Spire will provide its detailed aircraft positional data, as well as its Flight Report, which aggregates hundreds of millions of daily satellite and terrestrial ADS-B positions into an easily acces.

Spire Global Selected by Estuaire to Monitor and Reduce Aviation Emissions

Despite a strong operational performance, the Spire Global, Inc. share price had been suffering from uncertainties resulting from a looming reverse stock split and an ATM offering being currently in place. The much-feared reverse stock split being implemented last week now paves the way for a new class of institutional investors. Negative market sentiment due to some uncertainties around the capital structure (i.e., ATM offering and credit facility) lays the foundation for an extremely favorable, asymmetric bet.

Spire Global: A Potentially Beautiful Satellite Business Covered By The Sky

Spire Global is a prime candidate for an asymmetrical bet due to its high gross margin and potential for profitability in the next 2-3 years. The company operates a constellation of radio occultation satellites that provide valuable solutions for industries such as maritime, weather, aviation, and finance. Spire's main strength is its unique satellite-to-cloud service, allowing it to maintain high margins, and its business model generates annual recurring revenue (ARR) rather than spot sales.

Alpha-As-A-Service: Why I'm Bullish On Spire Global

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced it was awarded a $4.6 million, 12-month contract by NASA on behalf of the National Oceanic and Atmospheric Administration (NOAA) to participate in NOAA's Sounder for Microwave-Based Applications (SMBA) Phase-A study. During this phase, Spire will compete with three other companies to develop a Microwave Sounder for NOAA'.

Spire Global Awarded $4.6 Million NASA Contract to Develop NOAA Sounder

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (the “Company” or “Spire”) today announced that the 1-for-8 reverse stock split of the Company's Class A and Class B common stock will become effective on August 31, 2023. The Company's Class A common stock will begin trading on a split-adjusted basis at the opening of the market on August 31, 2023, under a new CUSIP number, 848560 306. The 1-for-8 reverse stock split will reduce the number of outstanding shares of the Company's Clas.

Spire Global Effects 1-For-8 Reverse Stock Split

VIENNA, Va.--(BUSINESS WIRE)--Infospectrum has expanded its agreement with Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics, and space services, to acquire historical vessel-tracking data in addition to port event information. The maritime analytics market is expected to be over $2 billion by 2028. Spire's historical automatic identification system (AIS) data and Port Events solution — which supplies live and historical vessel arrival.

Infospectrum Expands Contract with Spire Global to Enhance Vessel-Tracking Capabilities

VIENNA, Va.--(BUSINESS WIRE)--A quote in the release issued August 23, 2023, has been removed. The updated release reads: SPIRE GLOBAL PARTICIPATES IN PRIZE CHALLENGE TO ADVANCE MEASUREMENTS OF EARTH'S MAGNETIC FIELD WITH MULTI-MILLION-DOLLAR SUPPORT FROM NATIONAL GEOSPATIAL-INTELLIGENCE AGENCY The Company will participate in the MagQuest program to pioneer breakthroughs in measurement of Earth's magnetic field with satellite technology Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”).

CORRECTING and REPLACING Spire Global Participates in Prize Challenge to Advance Measurements of Earth's Magnetic Field with Multi-Million-Dollar Support from National Geospatial-Intelligence Agency

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was invited by the National Geospatial-Intelligence Agency (NGA) and has agreed to participate in Phase 4 of MagQuest, a prize challenge to advance how Earth's magnetic field is measured, with multi-million-dollar prize awards. MagQuest is a multiphase open innovation challenge designed to accelerate new ideas to increase the efficiency,.

Spire Global Participates in Prize Challenge to Advance Measurements of Earth's Magnetic Field with Multi-Million-Dollar Support from National Geospatial-Intelligence Agency

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was selected by ESP Logistics Technology (“ESP”), a leader in supply chain productivity and sustainability, to provide wind data through its weather conditions API and real-time automatic identification system (AIS) vessel-tracking data. In the intricate supply chain industry, even the slightest disruption can lead to significant challeng.

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