Spire Global

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

Retrieved on: 
Tuesday, August 29, 2023

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.

Key Points: 
  • 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.
  • Through the integration of Spire’s APIs, Infospectrum can deliver industry-leading insights and solutions for risk management, compliance, and trade approval to the shipping, commodities, and energy markets.
  • Spire builds, owns, and operates a fully deployed satellite constellation that observes the Earth in real time using radio frequency technology.
  • Spire also offers Space as a Service solutions that empower customers to leverage its established infrastructure to put their business in space.

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

Retrieved on: 
Thursday, August 24, 2023

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.

Key Points: 
  • 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, reliability, and sustainability of geomagnetic data.
  • During this phase of the challenge, Spire will design, develop and launch a satellite that will provide a novel approach to geomagnetic data collection for the World Magnetic Model (WMM).
  • The results of MagQuest will inform NGA’s acquisition strategy for a WMM global magnetic field data collection capability, with an expected data procurement that can provide operational capacity by 2027.

ESP Logistics Technology Chooses Spire Global for Real-Time Weather and Ship-Tracking Data to Optimize Supply Chain Efficiency

Retrieved on: 
Thursday, August 17, 2023

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.

Key Points: 
  • 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 challenges and delays.
  • ESP has chosen Spire’s comprehensive weather conditions API to provide their helicopter customers with immediate, accurate wind data to make operational flight decisions.
  • “At ESP, we are committed to enhancing supply chain efficiency and ensuring our clients’ operations run smoothly,” said Jonathan Rosenthal, CEO of ESP.

Leo Basola Joins Spire Global as Chief Financial Officer

Retrieved on: 
Wednesday, August 16, 2023

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has appointed Leo Basola as its new Chief Financial Officer, replacing Thomas Krywe who held the title of CFO for nearly five years and had previously served as a financial consultant.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has appointed Leo Basola as its new Chief Financial Officer, replacing Thomas Krywe who held the title of CFO for nearly five years and had previously served as a financial consultant.
  • Mr. Basola is a seasoned global finance executive, having held senior leadership roles in large public and multinational companies across multiple industries for more than two decades.
  • Mr. Basola joins Spire after serving as Senior Finance Officer of Equifax International for more than four years, where he provided financial oversight for 23 countries, led two acquisitions, and played a strategic role in growing data and analytics sales and improving margins.
  • We are thrilled that Leo has chosen Spire to bring that experience,” said Peter Platzer, Spire CEO.

Spire Global Awarded $6.5 Million NASA Contract Renewal for Earth Observation Data

Retrieved on: 
Wednesday, August 9, 2023

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 $6.5 million, 12-month contract renewal to continue participation in NASA’s Commercial Smallsat Data Acquisition (CSDA) Program.

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 it was awarded a $6.5 million, 12-month contract renewal to continue participation in NASA’s Commercial Smallsat Data Acquisition (CSDA) Program.
  • The contract represents a $500,000 increase from the previous award of $6 million in June 2022.
  • Spire will continue to deliver its comprehensive catalog of Earth observation data, associated metadata and ancillary information from its fully deployed satellite constellation to the Agency.
  • When combined with data from traditional sources, these commercial data broaden our coverage of the Earth in both space and time.

BlackSky Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023

BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the second quarter ended June 30, 2023.

Key Points: 
  • BlackSky Technology Inc. (“BlackSky” or the “Company”) (NYSE: BKSY) announced results for the second quarter ended June 30, 2023.
  • Imagery and software analytical service costs as a percent of revenue was 23% in the second quarter of 2023, compared to 34% in the second quarter of 2022.
  • Net loss for the second quarter of 2023 was $33.4 million, compared to a net loss of $26.3 million in the second quarter of 2022.
  • Adjusted EBITDA loss for the second quarter of 2023 was $5.8 million, compared to an adjusted EBITDA loss of $8.8 million in the prior year quarter.

Rocket Lab Announces Second Quarter 2023 Financial Results, Issues Guidance For Continued Revenue Growth In Third Quarter 2023

Retrieved on: 
Tuesday, August 8, 2023

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today shared the financial results for fiscal second quarter 2023, ended June 30, 2023.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today shared the financial results for fiscal second quarter 2023, ended June 30, 2023.
  • We also achieved some major development milestones for Neutron in the second quarter, including completion of the second stage qualification tank.
  • Strong quarter for space systems with Rocket Lab satellite components or software featured in 17 spacecraft launched to orbit.
  • ET) today to discuss these business highlights and financial results for our first quarter, to provide our outlook for the second quarter, and other updates.

Spire Global Awarded Space Services Contract by GHGSat to Expand Satellite Constellation for Emissions Monitoring

Retrieved on: 
Tuesday, August 8, 2023

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was awarded a Space Services contract by GHGSat, the global leader in high-resolution greenhouse gas monitoring from space.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was awarded a Space Services contract by GHGSat, the global leader in high-resolution greenhouse gas monitoring from space.
  • Under the agreement, Spire will build, launch and operate four additional 16U satellites that will carry GHGSat payloads to monitor greenhouse gas emissions.
  • This builds upon Spire’s initial agreement with GHGSat for three 16U satellites that will launch by the end of 2023.
  • The addition of these satellites will expand GHGSat’s global emissions monitoring and measurement capacity.

Spire Global Announces Participation in Upcoming Investor Event

Retrieved on: 
Thursday, August 3, 2023

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.

Spire Global Launches Space-Powered Weather Visualization Platform

Retrieved on: 
Wednesday, July 26, 2023

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, announced the launch of DeepVision™ , a cutting-edge weather monitoring and alerting solution designed to revolutionize global weather awareness for the energy, supply chain and logistics industries.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, announced the launch of DeepVision™ , a cutting-edge weather monitoring and alerting solution designed to revolutionize global weather awareness for the energy, supply chain and logistics industries.
  • Powered by space-driven weather forecasts, proprietary global modelling, and sophisticated machine learning, DeepVision™ offers proactive weather monitoring and advanced insights tailored to global supply chain management.
  • With the visualization platform, customers can proactively monitor weather conditions, anticipate potential disruptions and take immediate action to mitigate risk and optimize operations across every layer of complex trade and supply networks.
  • Now, more than ever, businesses require highly scalable solutions that can monitor weather impacts and optimize their supply chains,” said Mike Eilts, general manager of weather and earth intelligence at Spire.