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Spire Global is acquiring Canadian ship-tracking company exactEarth for about $161,200,000 through a mix of cash and stock.
Under the plan of arrangement, holders of exactEarth common shares will receive CAD$2.5009 (US$1.9751) in cash and 0.1 share of Spire Class A Common Stock for each exactEarth common share held.
LuxSpace developed the ESAIL satellite on its Triton-2 platform in collaboration with the European Space Agency and exactEarth.
The addition of Platinum Plus enhances exactEarth's real-time satellite AIS capability by integrating thousands of coastal and vessel-based terrestrial AIS receivers.
exactEarth Ltd. has launched exactAIS® Platinum Plus, a new service in the exactAIS® family of global real-time AIS vessel identification and tracking data services.
exactEarth pioneered commercial satellite AIS and is committed to providing the best global AIS service performance and reliability.
Myriota acquired select satellites and ground stations from exactEarth Ltd. in April 2020.
Myriota acquired select satellites and ground stations from exactEarth Ltd. in April 2020.
Surrey Satellite Technology Limited built a VDES demonstration cubesat with a Honeywell payload for exactEarth that launched in 2018 on a SpaceX Falcon 9.
Myriota expects that acquiring the exactEarth satellites will help it reach an hourly revisit rate that requires 10 satellites.
Myriota will pay 600,000 Canadian dollars to exactEarth for the satellites, ground stations, and licenses, comprising 150,000 Canadian dollars in cash and 450,000 Canadian dollars in preferred shares of Myriota.
Myriota is buying four small satellites (EV-1, EV-6, EV-9, and EV-11), six ground stations, and associated spectrum licenses from exactEarth.