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Spire expects to close its planned business combination with NavSight Holdings, Inc. in the summer of 2021.
Spire’s Global Data Services estimates an approximately $91,000,000,000 opportunity by 2025 across weather, aviation, orbital services, and maritime.
Rocket Lab and Spire each agreed to go public through mergers with special-purpose acquisition companies (SPACs) on 2021-03-01.
Spire Global, Inc. won the "Data Solution of the Year for Transportation" award in the 2021 Data Breakthrough Awards program.
Spire Global's D-AIS data collection process provides updates at least every 15 minutes on the busiest sea routes.
Bessemer Venture Partners owns 20.5% of Rocket Lab and 6.5% of Spire.
Astra, BlackSky, Rocket Lab, and Spire planned SPAC mergers since the start of the year that together raised more than $2,000,000,000 in total.
Spire, BlackSky, Astra, and Rocket Lab announced SPAC mergers between 2021-02-02 and 2021-03-01.
Vincent Furia managed a constellation of more than 100 satellites and 30 ground stations while at Spire Global.
Spire Global is a San Francisco-based data analytics provider that plans to go public by merging with a special-purpose acquisition company, with the plans disclosed on 2021-03-01.
Spire Global posted an $18,000,000 gross profit in 2020 on a non-GAAP basis and expects that gross profit to reach $830,000,000 in 2025 on nearly $1,200,000,000 in recurring revenues.
Since 2012, Spire Global has secured around $180,000,000 in capital from investors including Bessemer Venture Partners, RRE Ventures, Scottish Investment Bank, Seraphim Capital, and Lemnos.
Spire Global recorded about $36,000,000 in unaudited recurring revenues in 2020 and expects to nearly double that amount in 2021.
Spire Global is merging with special-purpose acquisition company NavSight in a deal that values Spire at $1,600,000,000.
Spire Global will receive about $475,000,000 in cash from its merger with NavSight to accelerate data-gathering and analysis across maritime, aviation, weather, climate, and other markets.
Spire Global operates a constellation of more than 100 satellites that it builds in-house.
A $245,000,000 portion of the cash injection for Spire Global comes from a group led by Tiger Global Management, BlackRock Advisors, Hedosophia, Jaws Estates Capital, and Bloom Tree Partners.
In November 2020, NOAA placed a first order directing GeoOptics and Spire Global to each provide 500 daily radio occultation soundings for 30 days.
In November 2020, NOAA awarded two-year indefinite delivery-indefinite quantity contracts to GeoOptics and Spire Global with a combined ceiling of $23,000,000.
NOAA awarded two-year indefinite delivery–indefinite quantity contracts in November to GeoOptics and Spire Global with a combined ceiling of $23,000,000.