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Spire Global, Inc. - SPIR STOCK NEWS

Welcome to our dedicated page for Spire Global news (Ticker: SPIR), a resource for investors and traders seeking the latest updates and insights on Spire Global stock.

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.

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Spire Global, Inc. (NYSE: SPIR) has launched a new AI-powered weather forecast service for global ports, enhancing its weather insight portfolio. The Port Optimized Forecast provides site-specific weather data, considering both natural and man-made variables. It aims to improve operational efficiency, safety, and resource allocation for port authorities by offering timely insights on weather conditions affecting vessel traffic. This initiative aligns with Spire's mission to tackle challenges in the global supply chain and climate change.

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Spire Global (NYSE: SPIR) has partnered with Dragonfly Aerospace for the NICSAT2 program, supporting the Australian Government's Office of National Intelligence. The initiative aims to utilize small satellites for advanced machine learning applications in data processing. Spire will deploy its LEMUR satellite, equipped with AI capabilities for efficient data analysis. The NICSAT2 program follows the successful launch of the first satellite, Djara, which demonstrated quick deployment and effective data collection methods. This partnership emphasizes the importance of public-private collaboration in space technology.

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Virgin Orbit (Nasdaq: VORB) successfully deployed 7 satellites during its Above the Clouds mission, marking its third launch within a year. The air-launch occurred from Mojave, California, utilizing the 747 aircraft Cosmic Girl, achieving a unique orbit 500km above Earth. This mission included both new and repeat customers like the U.S. Department of Defense. Overall, Virgin Orbit has now launched 26 satellites, expanding capabilities in communications, navigation, and agriculture.

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Virgin Orbit's third commercial flight, Above the Clouds, is set to launch on January 12, 2022, targeting a 500 km circular orbit for US Department of Defense and Polish company SatRevolution satellites. The anticipated launch window is from 1 PM to 3:30 PM Pacific, with rocket ignition expected an hour later. This follows Virgin Orbit's recent successful launches, including 19 satellites. The carrier aircraft, Cosmic Girl, will launch from Mojave, California, marking a significant milestone in the company's flexible launch capabilities.

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Spire Global, Inc. (NYSE: SPIR) announced its participation in the CJS Securities 22nd Annual "New Ideas for the New Year" Investor Conference on January 12, 2022, at 11:00 a.m. ET. CEO Peter Platzer will present at the event, which is accessible by invitation only for clients. Interested investors can participate in one-on-one meetings after contacting their sales representatives. The presentation will also be available via webcast on Spire's investor relations page.

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Spire Global, Inc. (NYSE: SPIR) has appointed Tim Braswell as Chief People Officer to lead its global human resources efforts. With over 25 years of HR experience, including roles at MetLife and Merck, Braswell will oversee recruitment, talent development, and employee welfare for Spire's diverse workforce of over 375 employees. His leadership aims to foster an inclusive culture as the company expands in the commercial space industry, which is becoming increasingly accessible.

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Virgin Orbit has successfully completed a wet dress rehearsal for its upcoming launch, which is set for January 12, 2022. This rehearsal involved a full run of procedures to ensure the system's health and readiness. The launch will carry satellites for the U.S. Department of Defense and other commercial entities. COO Tony Gingiss expressed confidence in the upcoming mission, highlighting the company's achievement of delivering 19 satellites in 2021. The mission will be livestreamed, showcasing Virgin Orbit's capabilities in the growing space launch market.

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Spire Global, Inc. (NYSE: SPIR) has successfully deployed a nanosatellite as part of a U.S. Space Force mission to test EnerSys' ZeroVolt™ 18650 battery cells in orbit. This project highlights Spire's space-as-a-service model, which allows for rapid deployment of payloads, with this satellite launched on June 30, 2021. The SBIR Phase II funding awarded to Spire reflects its capability in technological innovation. The partnership with EnerSys aims to enhance battery capabilities for various applications, emphasizing the importance of testing in space.

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Virgin Orbit has received FAA approval for the late addition of Spire Global’s ADLER-1 satellite to its upcoming launch. The satellite, integrated in just 36 hours, will be part of the Above the Clouds mission scheduled for mid-December 2021 to mid-January 2022. ADLER-1 aims to study micro space debris in Low Earth Orbit, contributing to sustainability efforts in space. The swift integration highlights the agility of both teams and the effectiveness of Virgin Orbit's launch service.

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Spire Global (NYSE: SPIR) has secured a contract with the European Space Agency (ESA) under the NAVISP Element 2 Program to develop advanced geolocation signal processing tools. This initiative aims to enhance the detection and characterization of Global Navigation Satellite System (GNSS) interferences originating from Earth. Utilizing Spire's nanosatellite technology, the project will address vulnerabilities in position, navigation, and timing (PNT) services, which are crucial for various national infrastructures. The initiative seeks to bolster competitiveness in the global satellite navigation market.

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FAQ

What is the current stock price of Spire Global (SPIR)?

The current stock price of Spire Global (SPIR) is $15.59 as of November 21, 2024.

What is the market cap of Spire Global (SPIR)?

The market cap of Spire Global (SPIR) is approximately 360.6M.

What does Spire Global, Inc. do?

Spire Global, Inc. is a data and analytics company that collects data from space to provide insights for maritime, aviation, weather, and other sectors.

How does Spire Global, Inc. generate its data?

Spire uses space-based technology to collect data, which is then analyzed to provide actionable insights for various industries.

What are the core solutions offered by Spire Global, Inc.?

Spire offers four core solutions: Maritime, Aviation, Weather, and Space Services.

How can Spire's data help businesses and governments?

Spire's data helps organizations make informed decisions by providing accurate tracking, monitoring, and forecasting of resources and weather systems.

Where can I find more information about Spire Global, Inc.?

You can visit their official website at www.spire.com for more information.

What industries benefit from Spire's solutions?

Industries such as maritime, aviation, weather forecasting, and government sectors benefit from Spire's data and analytics solutions.

How is Spire Global, Inc. contributing to solving global challenges?

By providing timely and accurate data from space, Spire helps organizations address critical issues like resource management and disaster preparedness.

Is Spire Global, Inc. hiring?

Yes, Spire is looking for exceptional individuals to join their fast-growing team. Visit spire.com/careers for current openings.

What makes Spire's data unique?

Spire's data is unique because it is space-based, offering a comprehensive and accurate view of Earth’s resources and weather systems.

How can I stay updated with Spire Global, Inc.'s latest news?

You can stay updated by visiting their official website and following their latest news section.

Spire Global, Inc.

NYSE:SPIR

SPIR Rankings

SPIR Stock Data

360.63M
21.96M
8.43%
36.53%
11.95%
Specialty Business Services
Communications Services, Nec
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United States of America
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