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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.

News

Spire Global Announces Participation in 36th Annual Roth Conference

Rhea-AI Summary
Spire Global, Inc. (SPIR) to participate in the 36th Annual Roth Conference on March 18, 2024, with Chief Financial Officer Leo Basola presenting at 4:00 p.m. ET. The event will be webcasted.
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Spire Global Announces Strong Fourth Quarter and Full Year 2023 Results; Achieves Positive Cash Flow from Operations

Rhea-AI Summary
Spire Global, Inc. (SPIR) reports record revenue for the fourth quarter and full year 2023 with impressive growth and improved operating and net losses. The company focuses on providing space-based data and services, highlighting achievements in climate change and global security sectors.
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Four Spire Global Satellites Successfully Launch on SpaceX’s Transporter-10 Mission

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Spire Global, Inc. successfully launched four satellites for IoT connectivity, enhancing global coverage for Myriota and Hubble Network. The satellites will provide secure, low-cost, and reliable IoT connectivity, improved security, faster data access, and enhanced device control capabilities.
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Spire Global Awarded €8.4M by the European Maritime Safety Agency for Provision of SAT-AIS Data Services

Rhea-AI Summary
Spire Global, Inc. (SPIR) secures two framework contracts from the European Maritime Safety Agency (EMSA) worth €8.4 million to provide satellite AIS data services for vessel tracking over a four-year period. The contracts aim to enhance global vessel monitoring, particularly in areas with limited terrestrial AIS network coverage, to improve maritime safety and environmental protection.
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Spire Global Schedules Fourth Quarter and Full Year 2023 Results Conference Call

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Spire Global, Inc. (NYSE: SPIR) will host a conference call on March 6, 2024, to discuss its Q4 and full year 2023 financial results.
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Spire Global and Signal Ocean Collaborate to Drive Digitalization of the Maritime Economy; Signal Ocean to Make $10 Million Strategic Investment in Spire Global

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Spire Global, Inc. (SPIR) has partnered with Signal Ocean to drive digitization of the maritime economy. The agreement will leverage Spire's unique datasets and Signal Ocean's expertise in AI and machine learning to create innovative solutions for the maritime sector. The partnership also involved a private placement of 833,333 shares of Spire's Class A common stock to Signal Ocean at a price of $12.00 per share, resulting in gross proceeds of $10 million.
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Spire Global to Launch the First Commercial Space Situational Awareness Satellite Constellation for NorthStar Earth & Space

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Spire Global, Inc. (NYSE: SPIR) announced the dedicated launch mission of four satellites for Space Situational Awareness provider, NorthStar Earth & Space. The 'Four of a Kind' mission will deliver the first commercial space situational awareness constellation for NorthStar, providing enhanced SSA services to the global satellite community. The mission is scheduled to launch between 19:15-20:00 NZT on January 18 from Rocket Lab Launch Complex 1 in New Zealand.
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Spire Global Awarded $9.4 Million Contract by NOAA for Satellite Weather Data

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Spire Global, Inc. (NYSE: SPIR) has been awarded $9.4 million by NOAA to provide radio occultation data for an 8-month period, improving global weather forecasts. The near-real-time RO data will be used for NOAA’s operational weather forecasts, space weather models, and climate research. Spire's data consists of vertical profiles of atmospheric measurements, including pressure, humidity, and temperature across all points of the globe. The company aims to address the critical need for accurate weather forecasts globally and help the world better prepare for and mitigate the impacts of extreme weather.
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Tackling Aviation's Earthbound Inefficiencies

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Spire Global (NYSE: SPIR) is addressing the environmental impact of taxiing in the aviation industry through its EURIALO project, focusing on fuel inefficiencies, emissions, and traffic congestion at airports. The company aims to provide better tools to air traffic control for managing crowded airspace, optimizing ops-critical information, and reducing emissions through its global constellation of ADS-B data collection.
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EUMETSAT Awards Spire Global Multi-Million Euro Contract for Satellite Weather Data

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Spire Global, Inc. (SPIR) Awarded Multi-Million Euro Contract by EUMETSAT for Radio Occultation Data
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FAQ

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

The current stock price of Spire Global (SPIR) is $10.7 as of November 1, 2024.

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

The market cap of Spire Global (SPIR) is approximately 259.0M.

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.

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Spire Global, Inc.

NYSE:SPIR

SPIR Rankings

#3628 Ranked by Market Cap
N/A Ranked by Dividends

SPIR Stock Data

258.98M
24.32M
8.43%
34.31%
13.11%
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