ExactEarth

Spire Global Announces Strong Fourth Quarter and Full Year 2023 Results; Achieves Positive Cash Flow from Operations

Retrieved on: 
Wednesday, March 6, 2024
Technology, Nanotechnology, Aerospace, Manufacturing, Finance, Banking, Maritime, Professional Services, Air, Transport, Data Analytics, Data Management, Logistics, Supply Chain Management, Satellite, ExactEarth, Acquisition, Accounting, Forecasting, Annual report, Marketing, File, Table, Loss, Nature, Life, Adjustment, GAAP, Webcast, Tax, Public expenditure, Security (finance), FASB, Risk, Bank statement, Depreciation, Insurance

Spire adjusts the following items from one or more of its non-GAAP financial measures:

Key Points: 
  • Spire adjusts the following items from one or more of its non-GAAP financial measures:
    Loss on satellite deorbit, launch failure and decommissioning.
  • Spire excludes these items as they do not reflect the underlying cash flows or operational results of the business.
  • Spire excludes stock-based compensation expenses primarily because they are non-cash expenses that it excludes from its internal management reporting processes.
  • Spire defines free cash flow as net cash provided by/used in operating activities less purchases of property and equipment.

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

Retrieved on: 
Wednesday, November 8, 2023
Technology, Other Defense, Contracts, Satellite, Other Technology, Aerospace, Manufacturing, Government Technology, Hardware, Defense, Adjustment, Loss, ExactEarth, ARR, Security (finance), Tax, Mission Control Space Services, Life, Public expenditure, EBITDA, Cyprus Securities and Exchange Commission, FASB, GAAP, Acquisition, Judgement, Bank statement, Nature, Growth, Weather, COVID-19, Risk, Marketing, Webcast, File, Depreciation, Forecasting, Sumathi Best Television Current Reporting Award, Table, Failure, Accounting, Cryptocurrency, Bank, Insurance, Bookkeeping, Spire, Aviation

Please see the reconciliation tables at the end of this release for the reconciliation of GAAP and non-GAAP results.

Key Points: 
  • Please see the reconciliation tables at the end of this release for the reconciliation of GAAP and non-GAAP results.
  • Spire adjusts the following items from one or more of its non-GAAP financial measures:
    Loss on satellite deorbit, launch failure and decommissioning.
  • Spire excludes these items as they do not reflect the underlying cash flows or operational results of the business.
  • Spire defines free cash flow as net cash used in operating activities reduced by purchases of property and equipment.

Spire Global Announces Strong Second Quarter 2023 Results; Expects Positive Cash Flow from Operations by Year End

Retrieved on: 
Wednesday, August 9, 2023
Satellite, Software, Hardware, Data Management, Technology, Aerospace, Manufacturing, Security, Loss, Failure, Table, Life, File, Marketing, Bank statement, ExactEarth, COVID-19, Tax, GAAP, Mission Control Space Services, Cyprus Securities and Exchange Commission, Accounting, Forecasting, Judgement, Public expenditure, EBITDA, Acquisition, Nature, Weather, Risk, Sumathi Best Television Current Reporting Award, ARR, Webcast, Depreciation, Growth, Security (finance), Adjustment, FASB, Bank, Insurance, Bookkeeping, Spire, Aviation

Please see the reconciliation tables at the end of this release for the reconciliation of GAAP and non-GAAP results.

Key Points: 
  • Please see the reconciliation tables at the end of this release for the reconciliation of GAAP and non-GAAP results.
  • Spire adjusts the following items from one or more of its non-GAAP financial measures:
    Loss on satellite deorbit, launch failure and decommissioning.
  • Spire excludes these items as they do not reflect the underlying cash flows or operational results of the business.
  • Spire defines free cash flow as net cash used in operating activities reduced by purchases of property and equipment.

Spire Global Announces Strong First Quarter 2023 Results

Retrieved on: 
Wednesday, May 10, 2023
Data Management, Security, Technology, Satellite, Photography, Software, Loss, Failure, Table, Life, File, Marketing, Bank statement, ExactEarth, COVID-19, Tax, GAAP, Mission Control Space Services, Cyprus Securities and Exchange Commission, Accounting, Forecasting, Judgement, Public expenditure, EBITDA, Acquisition, Nature, Weather, Risk, Sumathi Best Television Current Reporting Award, ARR, Webcast, Depreciation, Growth, Security (finance), Adjustment, FASB, Bank, Insurance, Risk management, Bookkeeping, Spire, Aviation

Spire has provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables included in this press release for its first quarter 2022 and 2023 results, as well as its outlook for such measures for the second quarter and full year 2023.

Key Points: 
  • Spire has provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables included in this press release for its first quarter 2022 and 2023 results, as well as its outlook for such measures for the second quarter and full year 2023.
  • Please see the reconciliation tables at the end of this release for the reconciliation of GAAP and non-GAAP results.
  • Spire excludes these items as they do not reflect the underlying cash flows or operational results of the business.
  • Spire excludes other income (expense), net because it includes one-time and other items that do not reflect the underlying operational results of the business.

Spire Global and OroraTech Awarded Contract by Canadian Space Agency to Demonstrate Wildfire Detection Methods from Space

Retrieved on: 
Tuesday, May 9, 2023
Hardware, Contracts, Aerospace, Satellite, Manufacturing, Technology, Nanotechnology, Defense, Environment, Forest Products, Agriculture, Natural Resources, Science, Other Science, Research, Tourism, Life, CSA, Canadian Space Agency, Wildfire, Munich Re, SPIR, Carbon, Fort McMurray, ExactEarth, Forestry, Smoke, OroraTech, Fortification, Radio, Spire Global, NYSE, Space, Spire

The Canadian Space Agency (CSA) has awarded a contract to Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”) subsidiary ExactEarth Ltd. to deliver preparatory work for implementation phases of a wildfire monitoring satellite.

Key Points: 
  • The Canadian Space Agency (CSA) has awarded a contract to Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”) subsidiary ExactEarth Ltd. to deliver preparatory work for implementation phases of a wildfire monitoring satellite.
  • Spire will partner with OroraTech, the global industry leader in space-based thermal intelligence, for the contract.
  • The two firms have previously worked together on the successful launch of OroraTech’s wildfire detection and monitoring mission on a Spire satellite in 2022.
  • The Canadian Space Agency’s contract is further testament to the use of cutting-edge satellite technology to improve wildfire monitoring and early detection methods.

Spire Global Announces Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, March 8, 2023
Data Management, Satellite, Technology, Aerospace, Photography, Manufacturing, Software, Cyprus Securities and Exchange Commission, Forecasting, Adjustment, Nature, Life, Security (finance), Webcast, Tax, FASB, Acquisition, ExactEarth, Growth, File, Judgement, Accounting, Table, Bank statement, Failure, GAAP, Risk, Weather, EBITDA, Public expenditure, COVID-19, ARR, Mission Control Space Services, Loss, Marketing, Depreciation, Safety, Sumathi Best Television Current Reporting Award, Bank, Insurance, Risk management, Bookkeeping, Aviation, Spire

Spire has provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables included in this press release for its fourth quarter and full year 2021 and 2022 results, as well as its outlook for such measures for first quarter and full year 2023.

Key Points: 
  • Spire has provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables included in this press release for its fourth quarter and full year 2021 and 2022 results, as well as its outlook for such measures for first quarter and full year 2023.
  • Please see the reconciliation tables at the end of this release for the reconciliation of GAAP and non-GAAP results.
  • Spire adjusts the following items from one or more of its non-GAAP financial measures:
    Loss on satellite deorbit, launch failure and decommissioning.
  • Spire excludes these items as they do not reflect the underlying cash flows or operational results of the business.

Joan Amble Joins Board of Directors of Spire Global, Inc.

Retrieved on: 
Thursday, August 11, 2022
Data Analytics, Satellite, Data Management, Professional Services, Technology, Woman, U.S. Securities and Exchange Commission, Multimedia, Risk, CEO, NYSE, S-1 Executive Committee, JCA, Growth, SPIR, SEC, Board, LLC, Comptroller, Security (finance), GE Capital, BuzzFeed, New, American Express, Executive Committee, COVID-19, Mentorship, Judgement, Brown–Forman, Safety, Board of directors, Global, ARR, Organization, General Electric, Solution, ExactEarth, Adoption, Management, Risk management, Spire, Finance

(NYSE: SPIR) (Spire or the Company), a leading global provider of space-based data, analytics, and space services today announced that it has appointed Joan Amble to the Companys board of directors.

Key Points: 
  • (NYSE: SPIR) (Spire or the Company), a leading global provider of space-based data, analytics, and space services today announced that it has appointed Joan Amble to the Companys board of directors.
  • In her role, Ms. Amble will work with Spires leadership team to implement best practices as the business continues to quickly scale.
  • View the full release here: https://www.businesswire.com/news/home/20220811005035/en/
    Joan embodies the very relentless, unbounded, and collaborative spirit that we value at Spire.
  • Spire undertakes no obligation, and does not intend, to update the information contained in this press release, except as required by law.

Spire Obtains $120 Million Credit Facility from Blue Torch Capital

Retrieved on: 
Tuesday, June 14, 2022
Data Analytics, Satellite, Data Management, Professional Services, Technology, ARR, ExactEarth, Security (finance), U.S. Securities and Exchange Commission, Organization, Solution, Global, Growth, Spire Global, Risk, NYSE, COVID-19, Judgement, SEC, New, Safety, SPIR, Risk management, Spire

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 obtained a credit facility up to $120 million, led by Blue Torch Capital.

Key Points: 
  • 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 obtained a credit facility up to $120 million, led by Blue Torch Capital.
  • Proceeds will be utilized to extinguish an existing approximately $71 million credit facility and to continue driving Spires four strategic growth pillars, providing flexibility to strategically run the business.
  • Spire uses one of the worlds largest multi-purpose satellite constellations to source hard-to-acquire, valuable data and enriches it with predictive solutions.
  • All forward-looking statements in this press release are based on information available to Spire as of the date hereof.

Valued to be $310.9 Million by 2026, Automatic Identification Systems Slated for Robust Growth Worldwide

Retrieved on: 
Wednesday, February 23, 2022
Maritime, Movement, Growth, AIS, Water, ORBCOMM, Investment, Internet, Intelligence, COVID-19, Players, Revolution, Safety, SOLAS, Radar, Transport, Forecasting, Automatic identification system, GPS, GIA, ExactEarth, SAN, Garmin, Marketing, VHF, Honeywell, CAGR, Weather, Research, SAAB, Teledyne Technologies, Renewable energy, Medical device, Others

Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.

Key Points: 
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Preview Registry
    Automatic Identification System (AIS) devices are specialized tracking systems that automatically transmit information pertaining to location and position of vessels on vast oceans, for preventing possible collisions.
  • This segment currently accounts for a 28.7% share of the global Automatic Identification Systems market.
  • The U.S. Market is Estimated at $79.4 Million in 2022, While China is Forecast to Reach $44.7 Million by 2026
    The Automatic Identification Systems market in the U.S. is estimated at US$79.4 Million in the year 2022.

Code42 Deepens Cybersecurity Leadership with Appointment of Maria Izurieta as Chief Financial Officer

Retrieved on: 
Thursday, February 17, 2022
Software, Technology, Data Management, Security, Greater Washington Area Asian-American demographics, Theft, PCI, Lyft, GDPR, CEO, Director, YouTube, CFO, Snowflake, Education, Volunteering, Solution, Blog, Patricio Izurieta Mora-Bowen, IRM, Risk management, Leadership, Environment, Organization, Inc., The Biggest Loser (American TV series), LinkedIn, Element, Risk, Twitter, FedRAMP, Policy, HIPAA, Growth, Multimedia, Accel (company), TSX, Software as a service, ExactEarth, Management, Woman, CrowdStrike

Code42 today announced that it welcomes Maria Izurieta to its executive team as Chief Financial Officer (CFO), effective February 15, 2022.

Key Points: 
  • Code42 today announced that it welcomes Maria Izurieta to its executive team as Chief Financial Officer (CFO), effective February 15, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20220217005412/en/
    Insider Risk Management leader Code42 names Maria Izurieta as Chief Financial Officer.
  • Prior to joining Code42, Izurieta served as CFO of Expel, a managed detection and response provider, achieving a $1B valuation during her tenure.
  • Code42, the Code42 logo, Incydr and Instructor are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries.