Spire Global

Spire Global Announces Space Services Deal to Scale Constellation for HANCOM InSpace

Retrieved on: 
Wednesday, March 27, 2024
Technology, Professional Services, Landscape, Data Analytics, Agriculture, Natural Resources, Construction & Property, Maritime, Transport, Satellite, Photography, Aerospace, Manufacturing, Software, Environment, Hardware, Data Management, SPIR, Growth, Spire, Hancom, Ship, Aircraft, Air pollution, Spire Global, SpaceX, Government, Korea Aerospace Research Institute, Communications satellite

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.

Key Points: 
  • 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.
  • Sejong-1, a Spire satellite carrying an optical payload for Hancom, launched in May 2022 on the SpaceX Transporter-5 Mission from Cape Canaveral Space Force Station.
  • "Collaborating with Hancom on the expansion of their satellite constellation is a testament to the innovative spirit driving advancements in the South Korean space industry,” said Frank Frulio, general manager of Space Services at Spire.
  • “Collaborating with Spire Global underscores our commitment to advancing the capabilities of our satellite constellation.

Spire Global Announces Closing of $30 Million Registered Direct Offering

Retrieved on: 
Monday, March 25, 2024
Professional Services, Data Management, Data Analytics, Satellite, Technology, Aerospace, Manufacturing, SPIR, Madison Avenue, Form, Telephone, Sale, Prospectus, Spire Global, S-3, Security (finance)

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.

Key Points: 
  • 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.
  • The Company intends to use the net proceeds from the offering for repayment of debt, working capital and general corporate purposes.
  • A.G.P./Alliance Global Partners acted as the sole placement agent for the offering.
  • This offering was made pursuant to an effective shelf registration statement on Form S-3 (File No.

Spire Global Announces Registered Direct Offering of $30 Million

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Data Management, Data Analytics, Satellite, Air, Technology, Transport, SPIR, Madison Avenue, Form, Telephone, Sale, Prospectus, Spire Global, S-3, Security (finance)

The closing of the offering is expected to occur on or about March 25, 2024, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about March 25, 2024, subject to the satisfaction of customary closing conditions.
  • The Company intends to use the net proceeds from the offering for repayment of debt, working capital and general corporate purposes.
  • A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.
  • This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No.

Spire Global to Enhance AI-Driven Weather Prediction in Collaboration with NVIDIA

Retrieved on: 
Monday, March 18, 2024
Software, Professional Services, Other Natural Resources, Technology, Natural Resources, Artificial Intelligence, Environment, Data Analytics, Satellite, Natural Disasters, Climate Change, Aerospace, Manufacturing, Cloud, Deep learning, Temperature, Forecasting, Pressure, SPIR, Agriculture, DA, Humidity, ICON, Climate, Aviation, Transport, AI, Insurance, Weather, API, NWP, Data, Spire Global, Soil, NVIDIA, Nvidia Omniverse

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.

Key Points: 
  • 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.
  • The field of weather prediction is changing rapidly due to advances in AI.
  • “Aligning Spire’s proprietary data and unmatched global weather coverage with NVIDIA’s cutting-edge technology and expertise positions us to markedly elevate the accuracy of weather prediction.

Spire Global Announces Participation in 36th Annual Roth Conference

Retrieved on: 
Monday, March 11, 2024
Satellite, Air, Transport, Technology, Telecommunications, SPIR, Spire Global

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.

Key Points: 

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.

Four Spire Global Satellites Successfully Launch on SpaceX’s Transporter-10 Mission

Retrieved on: 
Tuesday, March 5, 2024
Software, Internet, Professional Services, Data Management, IOT (Internet of Things), Technology, Satellite, Data Analytics, Air, Transport, Aerospace, Manufacturing, Collection, Radar, Internet of things, Automatic, Automatic Dependent Surveillance–Broadcast, Communication, Vandenberg Space Force Base, Spire Global, Ridesharing, SpaceX, SPIR, Communications satellite

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, successfully launched four Spire built and operated satellites on the SpaceX Transporter-10 mission, which launched from Vandenberg Space Force Base in California on March 4th, 2024.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, successfully launched four Spire built and operated satellites on the SpaceX Transporter-10 mission, which launched from Vandenberg Space Force Base in California on March 4th, 2024.
  • Spire built and launched two satellites for Myriota, a world-leading provider of secure, low-cost, and long battery life satellite connectivity for the Internet of Things (IoT).
  • This strategic expansion enhances Myriota's global coverage and builds upon its existing constellation of 30+ satellites, allowing for more scalable and reliable IoT connectivity for smart devices worldwide.
  • Spire will launch additional satellites on SpaceX rideshare missions later this year.

Spire Global Awarded €8.4M by the European Maritime Safety Agency for Provision of SAT-AIS Data Services

Retrieved on: 
Wednesday, February 21, 2024
Technology, Maritime, Transport, Satellite, Professional Services, Networks, Data Analytics, Logistics, Supply Chain Management, Data Management, SPIR, European Maritime Safety Agency, Spire Global, EMSA, AIS, European Free Trade Association

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has been awarded two framework contracts by the European Maritime Safety Agency (EMSA) with a maximum overall budget of €8.4 million.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has been awarded two framework contracts by the European Maritime Safety Agency (EMSA) with a maximum overall budget of €8.4 million.
  • Under the contracts, Spire will provide space-based automatic identification system (SAT-AIS) data services for ship tracking over a four-year period, including real-time, standard and high-density backup SAT-AIS.
  • Spire’s data will play a key role in enhancing global vessel tracking and maritime domain awareness, supporting EMSA’s mission.
  • “Ensuring accurate vessel monitoring is vital for maritime safety, security, and global environmental protection,” said John Lusk, general manager of maritime, Spire.

Spire Global Schedules Fourth Quarter and Full Year 2023 Results Conference Call

Retrieved on: 
Friday, February 9, 2024
Satellite, Software, Data Analytics, Data Management, Professional Services, Technology, Aerospace, Manufacturing, Spire Global, SPIR, ID, News

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, March 6, 2024 at 5:00 p.m.

Key Points: 
  • 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, March 6, 2024 at 5:00 p.m.
  • ET to discuss the Company’s fourth quarter and full year 2023 financial results.
  • The news release announcing the results will be disseminated on March 6, 2024 after the market closes.
  • A live webcast of the conference call will be available on Spire Global’s Investor Relations website at ir.spire.com .

Spire Global and Signal Ocean Collaborate to Drive Digitalization of the Maritime Economy; Signal Ocean to Make $10 Million Strategic Investment in Spire Global

Retrieved on: 
Thursday, February 8, 2024
Data Management, Maritime, Technology, Satellite, Transport, Artificial Intelligence, Partnership, Private, Investment, Machine learning, Spire Global, Sale, SPIR, Share (finance), Artificial intelligence

Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”), a global provider of space-based data, analytics and space services, and Signal Ocean, a leader in shipping technology, have agreed to partner to drive digitization of the maritime economy.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”), a global provider of space-based data, analytics and space services, and Signal Ocean, a leader in shipping technology, have agreed to partner to drive digitization of the maritime economy.
  • Under this agreement, Spire and Signal Ocean will partner to leverage their respective strengths.
  • Spire will contribute its unique, proprietary datasets, relevant for precise monitoring of the maritime domain.
  • The Private Placement closed on February 8, 2024 (the “Closing”), resulting in gross proceeds to Spire of $10 million.

Spire Global to Launch the First Commercial Space Situational Awareness Satellite Constellation for NorthStar Earth & Space

Retrieved on: 
Tuesday, January 9, 2024
Mobile, Wireless, Technology, Engineering, Satellite, Professional Services, Aerospace, Manufacturing, Hardware, Data Analytics, Data Management, Space Situational Awareness Programme, NorthStar, Rocket Lab, SSA, NZT, SPIR, Movement, LEO, Livestreaming, Spire Global, Communications satellite

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced the dedicated launch mission of four satellites for Space Situational Awareness provider, NorthStar Earth & Space.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced the dedicated launch mission of four satellites for Space Situational Awareness provider, NorthStar Earth & Space.
  • "The upcoming launch of the first commercial space situational awareness constellation for NorthStar symbolizes more than just a technological achievement; it's a reflection of our shared dedication to addressing sustainability in space,” said Peter Platzer, Spire Global CEO.
  • NorthStar is the first commercial SSA provider to actively scan and monitor space from space.
  • NorthStar's SSA services will provide unparalleled coverage in tracking resident space objects to enable enhanced decision making by satellite operators," said Stewart Bain, NorthStar CEO.