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Spire Global, Inc. (SPIR) is a leading data and analytics company, leveraging space technology to solve real-world problems. By collecting data from space, Spire can identify, track, and predict the movement of the world's resources and weather systems, providing critical insights for businesses and governments to make informed decisions. Founded with the vision of using space to address Earth's challenges, Spire offers four core solutions: Maritime, Aviation, Weather, and Space Services.
Under the Maritime solution, Spire provides precise space-based data for accurate ship monitoring, safety, and route optimization. The Aviation solution focuses on aircraft monitoring, safety, and route optimization. Its Weather solution delivers accurate space-based weather forecasting, aiding in disaster preparedness and resource management. Lastly, Spire's Space Services offer tailored datasets and insights from space to meet specific industry needs.
Spire's innovative approach has positioned it at the forefront of space-based analytics, earning it partnerships with leading organizations worldwide. The company's financial health is reflected in its diverse revenue streams from its core solutions, allowing continuous investment in technology and talent.
The fast-growing team at Spire is dedicated to pushing the boundaries of space technology to deliver actionable insights. With the world facing rapid changes, Spire's ability to provide timely, accurate data is more critical than ever. For more information, visit www.spire.com.
Stay updated with the latest developments and career opportunities at Spire by visiting Spire Careers.
Spire Global, Inc. (NYSE: SPIR) announces its participation in the Bank of America Global Industrials Conference on March 21, 2023, in London. CEO Peter Platzer will present at this in-person event. Spire is a prominent provider of space-based data and analytics, utilizing a large satellite constellation to deliver unique datasets that help organizations improve operations, reduce environmental impacts, and mitigate risks. By offering subscription-based access to valuable data, Spire aims to support commercial and governmental entities in making informed decisions and gaining competitive advantages.
Spire Global, Inc. (NYSE: SPIR) has scheduled a conference call on March 8, 2023, at 5:00 p.m. ET to discuss its fourth quarter and full year 2022 financial results. The results will be released after the market closes on the same day. Investors can join the conference call via a live webcast accessible on Spire Global’s Investor Relations website. Spire is a leading provider of space-based data, utilizing a large satellite constellation to deliver unique datasets and predictive analytics, enabling organizations to make data-driven decisions efficiently and effectively.
Spire Global, Inc. (NYSE: SPIR) announced its participation in two significant industry events. The first is the Cowen 44th Annual Aerospace/Defense & Industrials Conference on February 16, 2023, from 8:30 a.m. to 9:10 a.m. ET in Arlington, VA, featuring a presentation by CFO Thomas Krywe. The second event is the Barclays Industrial Select Conference on February 22, 2023, in Miami, FL, also presented by Krywe. Spire is a leader in space-based data analytics, utilizing its extensive satellite constellation to supply critical data for organizations worldwide. This participation demonstrates Spire's commitment to innovation in space data solutions.
Spire Global, Inc. (NYSE: SPIR) has appointed Michael Eilts as General Manager of Weather and Earth Intelligence, aiming to enhance its global weather data and solutions strategy. Eilts, a seasoned entrepreneur with four decades in the industry, will lead product development while relocating to Boulder, Colorado. His previous ventures include co-founding Weather Decision Technologies, where he scaled operations significantly. The company believes Eilts’ expertise will bolster its weather-related services, utilizing its extensive satellite constellation to improve data accessibility.
Spire Global, Inc. (NYSE: SPIR) announced its participation in the ACG Next Conference on January 17, 2023, in Washington, DC, with CFO Thomas Krywe presenting. As a leading provider of space-based data and analytics, Spire enables organizations to access unique datasets and make informed decisions. Their services aim to enhance business operations, reduce environmental footprints, and mitigate risks using insights from one of the largest satellite constellations in the world.
Spire Global, Inc. (NYSE: SPIR) has successfully completed its exchange offer and consent solicitation regarding outstanding warrants. This includes public and private warrants tied to the company’s IPO. In total, 3,311,286 shares of Class A Common Stock were issued in exchange for tendered warrants at a ratio of 0.20 shares per warrant. Additionally, Spire plans to retire all remaining untendered warrants on January 4, 2023, exchanging them at a 0.18 shares ratio. The completion of this process simplifies the company's capital structure, enhancing liquidity and investor confidence.
Spire Global, Inc. (NYSE: SPIR) announced the expiration of its exchange offer and consent solicitation for outstanding warrants. Approximately 87% of public warrants and 100% of private warrants were tendered for exchange. Holders of validly tendered warrants will receive 0.2 shares of Class A Common Stock for each warrant exchanged. Additionally, the company received approval from over 87% of public warrant holders for a Warrant Amendment, allowing for the acquisition and retirement of untendered warrants at an exchange ratio of 0.18 shares. Settlement is expected on December 19, 2022.
Spire Global (NYSE: SPIR) announced the launch of six satellites via SpaceX's Transporter-6 mission, scheduled for January 2023. These satellites will enhance Spire's weather and aviation solutions, featuring advanced ADS-B technology for global aircraft tracking. One satellite will test a polarimetric radio occultation (PRO) payload aimed at improving precipitation data for weather forecasting. This launch supports Spire's ongoing innovations in satellite technology and aims to bolster its operational capabilities in data collection and analytics.
Spire Global, Inc. (NYSE: SPIR) announced that its registration statement on Form S-4 for an Exchange Offer and Consent Solicitation has been declared effective by the SEC. The offer, expiring at 11:59 p.m. ET on December 14, 2022, allows holders of public and private warrants to exchange them for Class A Common Stock. The company aims to amend the Warrant Agreement to exchange each outstanding warrant for 0.18 shares instead of 0.2. Approximately 21% of Public Warrants and all Private Warrants have agreed to tender and consent. The firm's obligation to complete the offer is not contingent on a minimum number of warrants being tendered.
Spire Global, Inc. (NYSE: SPIR) has appointed Frank Frulio as General Manager of Space Services, leveraging his 25 years in telecommunications for business growth and product strategy. He will focus on Spire Space Services, enabling organizations to deploy satellite constellations via a subscription model. Frulio formerly led operations at Singtel and other major telecom firms. He will work from the company’s satellite manufacturing facility in Glasgow, Scotland. Co-founder Joel Spark will transition to Chief Satellite Architect, emphasizing engineering advancements.
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