Spire Global is a space-to-cloud data and analytics company that operates one of the world's largest multipurpose satellite constellations. They specialize in tracking global data sets, including maritime, aviation, and weather patterns, using a fleet of over 100 CubeSats. Spire provides data and analytics to various industries and government entities like NASA, ESA, and NOAA, offering services such as maritime tracking, aviation surveillance, and weather forecasting. Their key products include Spire Sense Cloud, Spire AirSafe, and Spire Stratos, and they also offer "Space as a Service" solutions.
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Spire completed its SPAC merger and started trading on the New York Stock Exchange on 2021-08-17.
Spire Global recorded $36,000,000 in revenue in 2020 and aims to generate $70,000,000 in 2021 and $1,200,000,000 in sales by 2025.
Spire Global operates more than 110 Lemur satellites in low Earth orbit.
Spire Global initially projected raising $475,000,000 from the SPAC deal when it announced the merger plans in March 2021.
Spire Global raised about $265,000,000 in cash from its SPAC merger with NavSight.
Spire Global shares closed down 5.2% to $9.41 at the end of the company's first day as a public company on 2021-08-17.
Spire Global, Inc. completed a business combination with NavSight Holdings, Inc.
NavSight Holdings Inc. stockholders approved all proposals related to the previously announced merger with Spire Global, Inc.
The closing of the Business Combination between NavSight and Spire Global is anticipated to occur on 2021-08-16.
Spire Global provides space-based data and analytics to customers via subscription.
Hancom will host an optical payload on a LEMUR, Spire Global’s 3U smallsat named HANCOM.
The Business Combination is expected to provide approximately $265,000,000 in cash proceeds to Spire Global, inclusive of a $245,000,000 PIPE.
Hancom will host an optical payload on a LEMUR nanosatellite built by Spire Global.
Astra Space planned to begin launching Spire Global satellites in spring 2022.
Astra’s dedicated launch service will provide flexibility to deliver Spire Global satellites to specific orbits on Spire’s schedule.
Spire Global and Gravity Supply Chain have an extended strategic maritime data partnership that builds upon a relationship initially established in 2017.
Spire Global has relied primarily on rideshare launch opportunities to deploy and replenish its constellation, including SpaceX’s Transporter-2 dedicated rideshare mission that launched 2021-06-30.
Astra Space will begin launching Spire Global satellites in the spring of 2022.
The deal provides Spire approximately $475,000,000 in cash to accelerate data-gathering and analysis operations across maritime, aviation, weather, climate, and other markets.
Spire’s merger with special-purpose acquisition company NavSight values Spire at $1,600,000,000.