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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

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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Wind, Climate Change, And The Future

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Spire Global (NYSE: SPIR) is working to mitigate the impact of extreme weather events and forecast a brighter future amidst soaring financial costs.
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5.85%
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Spire Global Awarded Space Services Contract by Lacuna Space to Build and Operate Six Satellites for a Dedicated IoT Constellation

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Spire Global, Inc. (NYSE: SPIR) secured a Space Services contract with Lacuna Space, enabling the latter to provide low-cost tracking and sensor detection services. Initially launching six satellites, with a potential to scale to dozens, Spire will manufacture the satellites at its facility in Glasgow, UK. The collaboration aims to enable Lacuna Space to scale its IoT network for low-cost, reliable global connections to sensors and mobile equipment, targeting industries such as agriculture, maritime, logistics, remote infrastructure, and environmental monitoring.
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Spire Global Announces Participation in Morgan Stanley 6th Annual Space Summit

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Spire Global, Inc. (NYSE: SPIR) is participating in the Morgan Stanley 6th Annual Space Summit on December 5, 2023, in New York City, NY. The event will be presented by Peter Platzer, the Chief Executive Officer of Spire Global, a global provider of space-based data, analytics, and space services.
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3.02%
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Spire Global Launches Space-Driven High-Resolution Weather Forecast for Utilities and Commodity Traders

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Spire Global, Inc. (SPIR) launches High-Resolution Weather Forecast model to cater to energy and commodity markets. The service offers up to six-day lead time and 1-km resolution, providing precise and customizable weather forecasts. Spire's solution is powered by proprietary radio occultation (RO) technology, ocean wind, and soil moisture data, providing essential insights for energy traders, commodity traders, utilities, and grid operators.
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Spire Global Unveils Satellite Mission Operations Platform

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Spire Global, Inc. (NYSE: SPIR) unveiled the Constellation Management Platform, a web-based app developed with support from ESA and the Luxembourg Space Agency, designed to simplify satellite constellation operations through a user-friendly interface. The platform aims to streamline satellite operations, enabling companies to manage and optimize their satellite operations with ease and efficiency. Spire's Space Services offers standardized Space as a Service missions supporting various use cases across Earth observation, connectivity, radio frequency intelligence, and space domain awareness. The platform leverages Spire's extensive experience in operating multi-payload satellite constellations to automate and optimize satellite operations, reducing the need for extensive manpower. It provides users with a user-friendly interface to connect directly with their satellites, simplifying access to Spire's ground operations software and offering direct delivery of satellite data into the customer's ecosystem. The platform is available to customers building, launching, and operating satellites with Space Services, as well as for those looking to simplify and optimize operations of an existing constellation.
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Spire Global Successfully Launched 11 Satellites on SpaceX’s Transporter-9 Mission

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Spire Global, Inc. (NYSE: SPIR) successfully launched eleven satellites on the SpaceX Transporter-9 mission from Vandenberg Space Force Base, including ten satellites for Space Services customers and one for Spire’s data and analytics solutions. The satellites will serve missions focused on Earth observation, connectivity, and radio frequency intelligence. The launch showcases Spire's Space Services, allowing organizations to deploy and scale their own satellite constellation at maximum speed and reliably, all through a subscription model. Notable payloads include GHGSat for greenhouse gas emissions monitoring, hiSky for showcasing satellite capabilities, Jacobs for resilient radio frequency signal detection, and SNC for detecting and geolocating specific objects from LEO based on targeted RF emissions.
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Spire Global Announces Strong Third Quarter 2023 Results; Reaffirms Expectations for Positive Cash Flow from Operations by Year End; Increases Revenue and Earnings Guidance

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SPIR: Spire Global, Inc. Exceeds Revenue Expectations with Record Quarterly Revenue of $27.3M; Improves Gross Margins by 15% YOY
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Spire Global Awarded Subcontract by Riverside Research for United States Space Force Space Domain Awareness Program

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Spire Global has been awarded a subcontract by Riverside Research to provide star tracker imagery for the Data Exploitation and Enhanced Processing for Space Domain Awareness project. This project aims to develop a software tool to enable the United States Space Force to detect objects in low Earth orbit. Spire will be the leading provider of star tracker imagery.
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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.

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Spire Global, Inc.

NYSE:SPIR

SPIR Rankings

#3380 Ranked by Market Cap
N/A Ranked by Dividends

SPIR Stock Data

360.63M
21.96M
8.43%
36.53%
11.95%
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