Associated tags: SPIR, Satellite, Spire Global, NYSE, Aerospace, Manufacturing, Data Management, Spire, Professional Services, Data Analytics, Software, Communications satellite
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Video game 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.
Key Points:
- 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.
- Through this deal, Spire will build off of its recent collaboration with NVIDIA to leverage Earth-2, NVIDIA’s platform for weather and climate change modeling, to train and run AI weather models.
- These models are projected to increase the accuracy of weather forecasts and produce long-range probabilistic forecasts at unprecedented speeds.
- Spire’s suite of Weather and Climate solutions, including its recently launched High–Resolution Weather Forecasts, DeepVision™, global weather forecasts, proprietary data sources like ocean winds and soil moisture, and additional atmospheric weather datasets, serves customers across various industries including energy, logistics, utilities, agriculture and more.
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SPIR 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.
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, 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.
- A live webcast of the conference call will be available on Spire Global’s Investor Relations website at ir.spire.com .
Retrieved on:
Wednesday, March 27, 2024
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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.
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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.
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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.
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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, 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.
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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.
Software,
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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.
Retrieved on:
Wednesday, February 21, 2024
Technology,
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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.