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Spire Global disclosed $40,000,000 of new contracts during the three months to 2024-09-10, marking a quarterly record for the company.
The NYSE has given Spire Global until 2024-02-19 to submit the 10-Q for the quarter to 2024-06-30 and a 10-Q for the third quarter of 2023 that is also late.
Spire entered into an agreement to sell its maritime business to Kpler for approximately $241,000,000.
Spire Global is reviewing its accounting practices and procedures surrounding the timing of bookings under its space services business, where it hosts customer payloads on satellites it builds in-house.
Spire Global reached a $241,000,000 deal on 2024-11-13 to sell maritime customer contracts to Kpler of Belgium.
Proceeds from the sale will help Spire Global pay off all its outstanding debt of around $100,000,000.
Spire Global began trading on the NYSE in August 2021 after merging with a special purpose acquisition company (SPAC).
No earlier than 2025, Spire and OroraTech plan to deliver OroraTech’s next eight wildfire-detecting satellites, dubbed OTC-P1, to orbit.
OroraTech has operated thermal infrared sensors in orbit on satellites designed and built by Spire.
Spire Global, Inc. (NYSE: SPIR) was awarded a concept study contract by NASA’s Jet Propulsion Laboratory to develop space-based capabilities for a wildfire early detection warning and active monitoring system.
Spire Global will partner with OroraTech to design a comprehensive and scalable space-based wildfire detection and monitoring solution.
In 2023, Spire and OroraTech were awarded a contract by the Canadian Space Agency to deliver preparatory work for a dedicated satellite constellation to monitor all active wildfires in Canada from space.
Spire Global and Mission Control planned the Persistence technology demonstration mission focused on space-based artificial intelligence on 2024-10-16 in Milan.
Spire has agreed to build and operate LEMUR 6, a 6U satellite with an optical payload to provide Earth images for analysis by Mission Control’s onboard AI algorithms.
In 2022 the National Reconnaissance Office awarded contracts to HawkEye 360, Aurora Insight, Kleos Space, PredaSAR, Spire Global, and Umbra Lab to study the use of commercial radio frequency tracking data for defense applications.
Spire Global, Inc. (NYSE: SPIR) was awarded a $3,832,500 contract from the National Oceanic and Atmospheric Administration (NOAA) to provide radio occultation data.
The Spire Global contract with NOAA covers a one-year period from 2024-09-18 to 2025-09-18.
Spire Global will hold a conference call with investors and analysts on Wednesday, 2024-08-14 at 5:00 p.m. ET to discuss the Company’s second quarter 2024 financial results.
The news release announcing Spire Global’s second quarter 2024 financial results will be disseminated on 2024-08-14 after the market closes.
Spire will provide its High-Resolution Weather Forecast model that offers a six-day outlook powered by proprietary data collected from space.