NavSight Holdings, Inc.

NavSight Holdings Inc. Shareholders Approve Business Combination with Spire Global

Retrieved on: 
Vendredi, août 13, 2021

NavSight Holdings Inc. (NavSight) (NYSE: NSH) today announced that its stockholders approved all proposals related to the previously announced merger, (the Business Combination) with Spire Global, Inc. (Spire Global, Spire, or the Company), a leading global provider of space-based data, analytics and space services, at a special meeting of stockholders held today.

Key Points: 
  • NavSight Holdings Inc. (NavSight) (NYSE: NSH) today announced that its stockholders approved all proposals related to the previously announced merger, (the Business Combination) with Spire Global, Inc. (Spire Global, Spire, or the Company), a leading global provider of space-based data, analytics and space services, at a special meeting of stockholders held today.
  • The previously announced Business Combination is expected to provide approximately $265 million in cash proceeds to Spire through the merger, inclusive of a $245 million PIPE.
  • This press release relates to the Business Combination involving NavSight and Spire.
  • In connection with the proposed Business Combination (the Proposed Transaction), NavSight has filed a registration statement on Form S-4 (File No.

Spire Global Partners with Hancom Group in First Commercial Satellite Mission for South Korea

Retrieved on: 
Jeudi, août 12, 2021

This will be the first commercial satellite mission for a private South Korean company.

Key Points: 
  • This will be the first commercial satellite mission for a private South Korean company.
  • In addition to utilizing Spires services for its own operations, Hancom will also act as Spires first reseller within South Korea.
  • Spire is proud to partner with Hancom as our first reseller partner in the country, said Theresa Condor, Vice President of Global Development at Spire.
  • Spire uses one of the worlds largest multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions.

Neil Jacobs Joins Spire Global as Scientific Advisor

Retrieved on: 
Vendredi, août 6, 2021

Today, Spire Global, Inc. (Spire or the Company), a leading global provider of space-based data, analytics, and space services announced that it has hired Dr. Neil Jacobs as a Scientific Advisor.

Key Points: 
  • Today, Spire Global, Inc. (Spire or the Company), a leading global provider of space-based data, analytics, and space services announced that it has hired Dr. Neil Jacobs as a Scientific Advisor.
  • Neil brings with him not only a deep scientific background, but also experience in both the private and public sectors, said Peter Platzer, Spires Chief Executive Officer.
  • NavSight and Spire anticipate that subsequent events and developments will cause NavSights and Spires assessments to change.
  • However, while NavSight and Spire may elect to update these forward-looking statements at some point in the future, NavSight and Spire specifically disclaim any obligation to do so.

Spire Global Chosen to Provide Radio Occultation Satellite Data to The European Organization for the Exploitation of Meteorological Satellites

Retrieved on: 
Jeudi, août 5, 2021

Spire Global, Inc. (Spire or the Company), a leading global provider of space-based data, analytics, and space services, announced today it has been awarded a contract to provide radio occultation satellite data to the European Organization for the Exploitation of Meteorological Satellites ( EUMETSAT ), a global operational satellite agency which gathers, and gives access to, accurate and reliable satellite data on weather, climate, and the environment.

Key Points: 
  • Spire Global, Inc. (Spire or the Company), a leading global provider of space-based data, analytics, and space services, announced today it has been awarded a contract to provide radio occultation satellite data to the European Organization for the Exploitation of Meteorological Satellites ( EUMETSAT ), a global operational satellite agency which gathers, and gives access to, accurate and reliable satellite data on weather, climate, and the environment.
  • This radio occultation data is captured around the clock and during extreme weather conditions or heavy cloud cover, unlike traditional visible satellite imagery.
  • EUMETSAT's satellites are a vital part of international weather forecasting and make a significant contribution to the global environmental monitoring sector.
  • Spire uses one of the worlds largest multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions.

Spire Global, Inc. Announces Preliminary First Half 2021 Selected Financial Results, Provides Updated Guidance for 2021

Retrieved on: 
Jeudi, juillet 29, 2021

The selected, estimated preliminary financial results set forth are unaudited and should be considered preliminary and subject to change.

Key Points: 
  • The selected, estimated preliminary financial results set forth are unaudited and should be considered preliminary and subject to change.
  • Accordingly, you should not place undue reliance on this preliminary data, which may differ materially from the final results.
  • These preliminary results should not be viewed as a substitute for Spires full financial statements for the six months ended June 30, 2021 prepared in accordance with U.S. generally accepted accounting principles (GAAP).
  • This preliminary financial data included in this announcement has been prepared by, and is the responsibility of, Spire's management.

IPO Edge to Host Fireside Chat with Spire Global CEO

Retrieved on: 
Jeudi, juillet 29, 2021

Spire Global, Inc. (Spire, Spire Global or the Company), a leading provider of space-based data, analytics and space services, today announced that Peter Platzer, Founder and Chief Executive Officer of Spire, will participate in a fireside chat with IPO Edge on Wednesday, August 4, 2021 at 1:00 PM ET.

Key Points: 
  • Spire Global, Inc. (Spire, Spire Global or the Company), a leading provider of space-based data, analytics and space services, today announced that Peter Platzer, Founder and Chief Executive Officer of Spire, will participate in a fireside chat with IPO Edge on Wednesday, August 4, 2021 at 1:00 PM ET.
  • IPO Edge Editor-in-Chief John Jannarone will moderate the conversation with Mr. Platzer, which will last approximately 60 minutes and include a Q&A segment with the audience.
  • Spire uses one of the worlds largest multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions.
  • However, while NavSight and Spire may elect to update these forward-looking statements at some point in the future, NavSight and Spire specifically disclaim any obligation to do so.

NavSight Holdings, Inc. and Spire Global Announce Registration Statement Effectiveness and Scheduled Special Meeting to Approve Business Combination on August 13, 2021

Retrieved on: 
Lundi, juillet 26, 2021

333-256112), relating to the previously announced merger of NavSight and Spire (the Business Combination) has been declared effective by the U.S. Securities and Exchange Commission as of July 22, 2021.

Key Points: 
  • 333-256112), relating to the previously announced merger of NavSight and Spire (the Business Combination) has been declared effective by the U.S. Securities and Exchange Commission as of July 22, 2021.
  • NavSight also announced that it will hold the special meeting of stockholders (the Special Meeting) on August 13, 2021 at 10:00 AM ET to, among other things, allow its stockholders to vote to approve the proposed Business Combination with Spire.
  • Stockholders of record of NavSight common stock as of the close of business on the record date of June 21, 2021 may vote at or before the Special Meeting.
  • However, while NavSight and Spire may elect to update these forward-looking statements at some point in the future, NavSight and Spire specifically disclaim any obligation to do so.

Spire Awarded Contract for Earth Observation Data

Retrieved on: 
Mercredi, juillet 14, 2021

Spire Global, Inc. (Spire or the Company), a leading global provider of space-based data and analytics, has announced the continuation of its participation in NASAs Commercial Smallsat Data Acquisition (CSDA) Program with a six-million-dollar contract extension.

Key Points: 
  • Spire Global, Inc. (Spire or the Company), a leading global provider of space-based data and analytics, has announced the continuation of its participation in NASAs Commercial Smallsat Data Acquisition (CSDA) Program with a six-million-dollar contract extension.
  • The contract continuation, Task Order 6 (TO6), is a subscription data solution that includes radio occultation (RO) data, grazing angle GNSS-RO, total electron content (TEC) data, precise orbit determination (POD) data, soil moisture and ocean surface wind speed GNSS-Reflectometry data, and magnetometer data.
  • With the end-user license agreements, our data is now available to all federal agencies and the larger NASA scientific community to help support Earth observation research across fields.
  • NASA also noted that Spire data has shown positive benefit to its GEOS Atmospheric Data Assimilation System, which uses space-based data to analyze the Earths atmosphere and assimilate the data into its Earth observation systems.

Spire Data Now Available on Carahsoft SEWP V, ITES-SW2 and OMNIA Partners Contracts

Retrieved on: 
Jeudi, juillet 8, 2021

Spire Global, Inc. , (Spire or the Company), a leading global provider of space-based data and analytics, and Carahsoft Technology Corp .

Key Points: 
  • Spire Global, Inc. , (Spire or the Company), a leading global provider of space-based data and analytics, and Carahsoft Technology Corp .
  • Spires industry-leading data sets give public sector organizations access to data for logistics decisions and mission success.
  • Similarly, flight tracking and air traffic APIs allow organizations to quickly integrate and query data using tools that fit current workflows.
  • Spires software and services are available through Carahsofts SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042, OMNIA Partners contract #R191902, and Carahsofts reseller partners.

Spire Global Appoints Senior Vice President of Sales

Retrieved on: 
Mercredi, juin 16, 2021

Today Spire Global, Inc. (Spire or the Company), a space-based Earth data analytics and solutions company that recently announced a planned merger with NavSight Holdings, Inc. (NYSE: NSH), announced that it has appointed Kamal Arafeh as Senior Vice President of Sales.

Key Points: 
  • Today Spire Global, Inc. (Spire or the Company), a space-based Earth data analytics and solutions company that recently announced a planned merger with NavSight Holdings, Inc. (NYSE: NSH), announced that it has appointed Kamal Arafeh as Senior Vice President of Sales.
  • Mr. Arafeh will report to Peter Platzer, Founder and Chief Executive Officer of Spire, and will be based in Washington, D.C.
    As Senior Vice President of Sales for Spire, Mr. Arafeh will be responsible for growing the Companys sales organization and instituting a world-class partner program.
  • Kamal brings great depth of global sales and operational expertise to Spire, with a proven track record of driving revenue and profit growth across numerous businesses with differentiated technology, said Mr. Platzer.
  • Additional roles held during Mr. Arafehs more than two decades of sales experience include Vice President of Sales at Astaro, Vice President and GM at Roxio, and Vice President of Channel Sales at McAfee.