Articles from Spire Global, Inc.
Spire Global Appoints Theresa Condor as CEO and Taps Aerospace Industry Veterans for Executive Team
Spire Global (NYSE: SPIR) (“Spire” or “the Company”) announced that Theresa Condor, who currently serves as Chief Operating Officer and a board member, has been appointed as the new Chief Executive Officer. Condor will assume the role on January 1, 2025, and Founder and CEO Peter Platzer will become Executive Chairman as part of a planned leadership transition.
By Spire Global, Inc. · Via Business Wire · December 3, 2024
Spire Global Selected by LatConnect60 to Improve Sustainable Agriculture Practices
Spire Global (NYSE: SPIR) (“Spire” or the “Company”), a global provider of space-based data, analytics, and space services, was selected by LatConnect60, a data and analytics company that generates vital insights from Earth Observation data, to provide Global Navigation Satellite System Reflectometry (GNSS-R) data and Soil Moisture Insights.
By Spire Global, Inc. · Via Business Wire · November 25, 2024
Spire Global Announces Strategic Business Update; Debt to be Eliminated
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced an agreement to a sell its maritime business to Kpler for approximately $241 million. The Company intends to use the proceeds of the sale to retire all outstanding debt and invest in near-term growth opportunities. The Company will hold a webcast at 10:00 am ET today to discuss the announcement.
By Spire Global, Inc. · Via Business Wire · November 13, 2024
Spire Global Achieves Financial Milestone; Provides Update on Revenue Recognition Review and Restatement
Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”) announces a milestone for new contract bookings in the third quarter and provides an update on the ongoing review of its accounting practices.
By Spire Global, Inc. · Via Business Wire · November 4, 2024
Spire Global and OroraTech Awarded NASA Contract for Wildfire Monitoring
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was awarded a concept study contract by NASA's Jet Propulsion Laboratory to develop space-based capabilities for a wildfire early detection warning and active monitoring system. Spire will partner with OroraTech, the global leader in space-based thermal intelligence, to design a comprehensive and scalable solution.
By Spire Global, Inc. · Via Business Wire · October 29, 2024
Mission Control to Advance AI Onboard New Spire Global Satellite
At the International Aeronautical Congress (IAC), Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”) and Mission Control announced a mission to explore the power of artificial intelligence (“AI”) in space. The Persistence Mission is expected to showcase how AI can be reliably used onboard satellites over a long period of time to generate actionable insights in real-time.
By Spire Global, Inc. · Via Business Wire · October 16, 2024
Spire Global Awarded $3.8 Million NOAA Contract for Satellite Weather Data
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was awarded a $3,832,500 contract from the National Oceanic and Atmospheric Administration (NOAA) to provide radio occultation (RO) data for a one-year period from September 18, 2024 to September 18, 2025.
By Spire Global, Inc. · Via Business Wire · September 9, 2024
Spire Global Announces Participation in Upcoming Investor Event
Spire Global, Inc. (NYSE: SPIR), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming event.
By Spire Global, Inc. · Via Business Wire · September 5, 2024
Spire Global Signs Waiver and Amendment to Financing Agreement with Blue Torch Capital
On August 27, 2024, Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”) entered into a waiver and amendment to its current financing agreement with Blue Torch Capital.
By Spire Global, Inc. · Via Business Wire · August 29, 2024
Spire Global Provides Update on New Contracts and Revenue Recognition Review of Certain Prior Contracts; Receives NYSE Notice Regarding Late Form 10-Q Filing
Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”) announces new multi-million-dollar contracts, the receipt of an NYSE notice regarding its late Form 10-Q filing and the Company’s decision to restate certain historical financials following its review of the technical revenue recognition accounting for certain contracts.
By Spire Global, Inc. · Via Business Wire · August 27, 2024
Spire Global Launches Seven LEMUR Satellites on SpaceX Transporter-11 Mission
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, successfully launched seven satellites on the SpaceX Transporter-11 mission, which launched from Vandenberg Space Force Base in California on August 16, 2024. This marks Spire’s third launch of 2024 and the 41st in the company's history, bringing the total number of Spire satellites launched to 196.
By Spire Global, Inc. · Via Business Wire · August 16, 2024
Spire Global Files Form 12b-25 with the Securities and Exchange Commission
Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”) has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission (“SEC”) related to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. The Company is working diligently to finalize its financial statements and will file its Quarterly Report on Form 10-Q as soon as practicable.
By Spire Global, Inc. · Via Business Wire · August 14, 2024
Spire Global Schedules Second Quarter 2024 Results Conference Call
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, August 14, 2024 at 5:00 p.m. ET to discuss the Company’s second quarter 2024 financial results. The news release announcing the results will be disseminated on August 14, 2024 after the market closes.
By Spire Global, Inc. · Via Business Wire · July 24, 2024
Spire Global Awarded CA $1.41 Million Contract from Government of Canada for Ship Tracking Data
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was awarded a CA $1.41 million contract by the Government of Canada (GoC) for the provision of global automatic identification system (AIS) ship tracking data. The one-year contract includes options for two additional years, extending the total potential contract value to nearly CA $4.23 million.
By Spire Global, Inc. · Via Business Wire · July 8, 2024
Thales, Spire Global and ESSP to Develop a Space-Based Air Traffic Surveillance Service
Thales (Euronext Paris: HO), Spire Global (NYSE: SPIR), and European Satellite Services Provider (ESSP) have signed a Memorandum of Cooperation with the goal of introducing a range of innovative global satellite-based surveillance services to the air traffic management (ATM) industry and broader aviation market. These services will be powered by a specialized constellation of over 100 satellites collecting Automatic Dependent Surveillance-Broadcast (ADS-B) messages broadcast from aircraft and transmitting the data back to Earth in real time.
By Spire Global, Inc. · Via Business Wire · June 13, 2024
Spire Global Announces Participation in Upcoming Investor Events
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming events.
By Spire Global, Inc. · Via Business Wire · May 28, 2024
Spire Global to Join Russell 3000® Index
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, is set to join the broad-market Russell 3000® Index, effective at the open of U.S. equity markets on July 1. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes.
By Spire Global, Inc. · Via Business Wire · May 28, 2024
Spire Global Announces First Quarter 2024 Results
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 March 31, 2024. The Company will hold a webcast at 5:00 pm ET today to discuss the results.
By Spire Global, Inc. · Via Business Wire · May 15, 2024
Spire Global Secures Multi-Million Dollar Deal with Financial Firm for Weather Forecasts
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has entered into a multi-million-dollar deal with a financial firm. The Company will provide its High-Resolution Weather Forecast model, which offers a six-day outlook powered by proprietary data collected from space, and develop an AI-powered model for long-range forecasting.
By Spire Global, Inc. · Via Business Wire · April 29, 2024
Spire Global Schedules First Quarter 2024 Results Conference Call
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, May 15, 2024 at 5:00 p.m. ET to discuss the Company’s first quarter 2024 financial results. The news release announcing the results will be disseminated on May 15, 2024 after the market closes.
By Spire Global, Inc. · Via Business Wire · April 18, 2024
Spire Global Announces Space Services Deal to Scale Constellation for HANCOM InSpace
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3 two additional satellites with Spire Space Services. Under this agreement, Spire will build and operate the satellites, expanding the capabilities of HANCOM-1 (Sejong-1). Together, these satellites will form a constellation for Korea’s first three-satellite remote sensing image data service.
By Spire Global, Inc. · Via Business Wire · March 27, 2024
Spire Global Announces Closing of $30 Million Registered Direct Offering
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced that it has closed its previously announced registered direct offering of 2,142,858 shares of Class A common stock at a purchase price of $14.00 per share, resulting in gross proceeds of approximately $30 million, before deducting placement agent commissions and other offering expenses.
By Spire Global, Inc. · Via Business Wire · March 25, 2024
Spire Global Announces Registered Direct Offering of $30 Million
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced that it has entered into securities purchase agreements with two institutional investors for the purchase and sale of 2,142,858 shares of Class A common stock at a purchase price of $14.00 per share pursuant to a registered direct offering, resulting in gross proceeds of approximately $30 million, before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about March 25, 2024, subject to the satisfaction of customary closing conditions.
By Spire Global, Inc. · Via Business Wire · March 21, 2024
Spire Global to Enhance AI-Driven Weather Prediction in Collaboration with NVIDIA
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has announced a collaboration with NVIDIA to advance AI-driven weather prediction. Through this collaboration, Spire’s Radio Occultation (RO) data and proprietary data assimilation (DA) capabilities will be integrated with NVIDIA Earth-2 Cloud APIs to leverage AI to accelerate climate and weather predictions.
By Spire Global, Inc. · Via Business Wire · March 18, 2024
Spire Global Announces Participation in 36th Annual Roth Conference
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming event.
By Spire Global, Inc. · Via Business Wire · March 11, 2024