Maritime SaaS Platform Selects Spire Global as AIS Data Provider

Rhea-AI Summary

Spire Global, Inc. (NYSE: SPIR) has been selected by Enqlare, a digital SaaS platform for bulk freighters, to provide AIS vessel tracking data. This data will enhance Enqlare's platform, aiding users like freight buyers and port agents in improving operational efficiency. The integration of Spire's data via API allows for real-time visibility of vessel voyages, significantly benefiting clients with automated document generation, which can cut laytime processing by up to 40 minutes. Enqlare is part of a rapidly growing maritime sector involving over 1,000 SMEs and startups, indicating strong market demand for such services.

Positive

• Spire's AIS data integration with Enqlare enhances operational efficiency for maritime users.
• Enqlare's use of Spire's data can reduce laytime processing by up to 40 minutes, providing substantial time savings.

Negative

• None.

Spire will provide Enqlare with AIS vessel tracking data and information about commercial vessels

VIENNA, Va.--(BUSINESS WIRE)-- Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has been selected by Enqlare, a digital SaaS platform for bulk freighters, to provide automatic identification system (AIS) vessel tracking data and vessel characteristics information.

Enqlare will integrate the data and information, which is delivered via API, into its platform to provide its end customers with visibility into a vessel’s voyage from end to end. Integrating Spire’s AIS data will provide freight buyers, port agents, ship owners and charterers, and other Enqlare users with the insights needed to improve their operations, increase efficiency, better manage assets and reduce costs.

“At Enqlare, with our Laytime and Port Calls software we leverage the Spire satellite data to provide an added value service, offering access to up-to-date vessel particulars and AIS positions to support planning work and quick document creation,” said Fredrik Tham, Enqlare co-founder. “This enables our clients to unlock time savings using automated document generation and reduce laytime processing by up to 40 minutes.”

Enqlare is part of over 1,000 SME and start-up companies in the maritime space, a number that has been growing steadily in the double digits.

About Spire Global, Inc.

Spire (NYSE: SPIR) is a leading global provider of space-based data, analytics and space services, offering access to unique datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. Spire uses one of the world’s largest multipurpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Spire then provides this data as a subscription to organizations around the world so they can improve business operations, decrease their environmental footprint, deploy resources for growth and competitive advantage, and mitigate risk. Spire gives commercial and government organizations the competitive advantage they seek to innovate and solve some of the world’s toughest problems with insights from space. Spire has eight offices across the U.S., Canada, UK, Luxembourg and Singapore. To learn more, visit www.spire.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230420005088/en/

For Media:

Kristina Spychalski

Director of Communications

Kristina.Spychalski@spire.com

For Investors:

Benjamin Hackman

Head of Investor Relations

Benjamin.Hackman@spire.com

Source: Spire Global, Inc.

FAQ

What is Spire Global, Inc. known for?

Spire Global, Inc. is known for providing space-based data, analytics, and space services.

What partnership did Spire announce on April 20, 2023?

On April 20, 2023, Spire announced a partnership with Enqlare to provide AIS vessel tracking data.

How will Enqlare utilize Spire's AIS data?

Enqlare will integrate Spire's AIS data into its platform to enhance visibility into vessel voyages for end customers.

What benefits does Spire's data integration bring to maritime operations?

The integration allows for improved operations, increased efficiency, and cost reduction for users.

What is the stock symbol for Spire Global, Inc.?

The stock symbol for Spire Global, Inc. is SPIR.