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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 Participates in Prize Challenge to Advance Measurements of Earth’s Magnetic Field with Multi-Million-Dollar Support from National Geospatial-Intelligence Agency

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Spire Global to participate in MagQuest program, designing and launching a satellite for geomagnetic data collection with a diamond quantum magnetometer system. Phase 4 of the challenge concludes in September 2026, with potential for additional funding. Results will inform NGA's acquisition strategy for a global magnetic field data collection capability by 2027.
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CORRECTING and REPLACING Spire Global Participates in Prize Challenge to Advance Measurements of Earth’s Magnetic Field with Multi-Million-Dollar Support from National Geospatial-Intelligence Agency

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Spire Global to participate in MagQuest program to advance measurement of Earth's magnetic field with multi-million-dollar support from National Geospatial-Intelligence Agency
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ESP Logistics Technology Chooses Spire Global for Real-Time Weather and Ship-Tracking Data to Optimize Supply Chain Efficiency

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Spire Global has been selected by ESP Logistics Technology to provide wind data and real-time automatic identification system (AIS) vessel-tracking data. ESP will use Spire's weather conditions API to provide accurate wind data for operational flight decisions and utilize AIS data for real-time tracking of ships and estimated time of arrival. This collaboration aims to enhance supply chain efficiency and improve overall productivity.
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Leo Basola Joins Spire Global as Chief Financial Officer

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Spire Global, Inc. has appointed Leo Basola as its new Chief Financial Officer. Basola is a seasoned global finance executive with over two decades of experience. He will focus on supporting Spire's growth and leading the company to profitability. Basola joins Spire after serving as Senior Finance Officer of Equifax International for over four years.
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Spire Global Awarded $6.5 Million NASA Contract Renewal for Earth Observation Data

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Spire Global awarded $6.5M contract renewal for NASA's CSDA Program, increasing by $500K from previous award. Spire will continue to deliver comprehensive Earth observation data including GNSS-RO soundings, GNSS-R data, space weather measurements, satellite state vector data, and magnetometer observations. Data will be available to all U.S. Government-funded research and federal agencies. Collaboration between private and public sectors for a sustainable future.
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Spire Global Announces Strong Second Quarter 2023 Results; Expects Positive Cash Flow from Operations by Year End

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Spire Global, Inc. announced record quarterly revenue of $26.5M, a 37% YoY increase. The company also improved GAAP gross margins to 64% and non-GAAP gross margins to 68%. They narrowed GAAP operating loss to ($11.0M) and lowered non-GAAP operating loss to ($6.1M). Net loss improved to ($16.3M) and adjusted EBITDA loss to ($3.0M). Spire improved its full-year guidance for non-GAAP operating loss, non-GAAP loss per share, adjusted EBITDA, and ARR solution customers.
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Spire Global Awarded Space Services Contract by GHGSat to Expand Satellite Constellation for Emissions Monitoring

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Spire Global Announces Participation in Upcoming Investor Event

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Spire Global Launches Space-Powered Weather Visualization Platform

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Spire Global, Inc. (NYSE: SPIR) Announces Launch of DeepVision™ Weather Monitoring Platform for Global Supply Chains
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Spire Global Awarded €16 Million ESA Contract to Design and Demonstrate Satellite-Based Aviation Surveillance System

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Spire Global has been awarded a €16 million contract by the European Space Agency (ESA) to develop a global space-based independent aircraft surveillance system. The project aims to design and demonstrate a system that uses a satellite constellation to track aircraft in real time. Spire will lead a consortium of industry players and will develop the mission and system design for a satellite constellation in low Earth orbit (LEO). The project aligns with the European Air Traffic Management Master Plan and will provide a fully reliable and resilient surveillance solution for aircraft.
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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%
Specialty Business Services
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United States of America
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