STOCK TITAN

Spire Global Appoints Frank Frulio as General Manager of Space Services

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
management
Rhea-AI Summary

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.

Positive
  • Appointment of Frank Frulio signals potential growth in Space Services.
  • Frulio's extensive experience in telecommunications may enhance market strategy.
  • Shift to subscription model for satellite deployment lowers barriers for clients.
Negative
  • Concerns about continuity with co-founder Joel Spark shifting roles could impact leadership dynamics.

Seasoned telecommunications executive will oversee the growth of the company's space as a service offerings

VIENNA, Va.--(BUSINESS WIRE)-- Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, has appointed Frank Frulio as General Manager of Space Services. With more than 25 years of experience in the telecommunications industry, he has a proven track record of sales, operations, and business development leadership in regional, national, and global markets.

Mr. Frulio will be responsible for guiding and executing on the business growth strategy and product roadmap for Spire Space Services, which allows organizations to deploy and scale their own constellation at maximum speed and with minimum risk, all through a subscription model that eliminates the high upfront cost of building and maintaining infrastructure in space. He is relocating to Glasgow, Scotland where the Company’s satellite manufacturing facility is located and will report to Chief Operating Officer Theresa Condor.

“The Space as a Service model has unlocked a massive opportunity for companies to develop new applications in space to solve problems and gain a competitive edge. With Frank's decades of experience leading business development and driving new product adoption at multinational corporations, he brings the expertise and skill set needed to commercialize this offering at a global scale and help organizations realize the opportunities at play here,” said Ms. Condor.

Previously, Mr. Frulio was the Managing Director and Region Head for the Americas and Europe at Singtel, a Singaporean telecommunications conglomerate. Prior to that, he held numerous leadership positions at telecommunications companies including XO Communications, CenturyLink Business, and AT&T. Mr. Frulio received a Juris Doctorate from ​​Southern Methodist University and a Master of Business Administration from University of Central Florida. He has served on the Board of Directors for United Way, Volunteer Center of North Texas, and Methodist Health Systems.

“I am excited to join the booming and dynamic new space industry, tapping my background in telecom to help organizations understand the role that space-based applications can increasingly play in transforming every aspect of our world, from helping businesses improve their bottom line to preventing and mitigating the impacts of climate change here on Earth,” said Mr. Frulio. “Having grown up a stone’s throw away from the Kennedy Space Center, where my father worked on the NASA Space Shuttle program, I feel right at home joining Spire.”

Spire co-founder Joel Spark, who recently served as General Manager of Space Services and successfully led the rapid growth of the business, will transition back to his roots within engineering and focus on advancing its next-generation spacecraft as Chief Satellite Architect.

About Spire Global, Inc.

Spire (NYSE: SPIR) is a leading global provider of space-based data, analytics and space services, offering access to unique datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. Spire uses one of the world’s largest multipurpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Spire then provides this data as a subscription to organizations around the world so they can improve business operations, decrease their environmental footprint, deploy resources for growth and competitive advantage, and mitigate risk. Spire gives commercial and government organizations the competitive advantage they seek to innovate and solve some of the world’s toughest problems with insights from space. Spire has offices in San Francisco, Boulder, Washington DC, Ontario, Glasgow, Oxfordshire, Luxembourg, and Singapore. To learn more, visit www.spire.com.

Hillary Yaffe

Head of Communications

Hillary.Yaffe@spire.com

Source: Spire Global, Inc.

FAQ

Who is Frank Frulio and what is his role at Spire Global?

Frank Frulio has been appointed as General Manager of Space Services at Spire Global, where he will oversee business growth and product strategy.

What experience does Frank Frulio bring to Spire Global?

Frank Frulio has over 25 years of experience in telecommunications, previously holding senior positions at Singtel and other major companies.

What changes are happening in Spire Global's management?

Spire Global has transitioned Joel Spark from General Manager of Space Services to Chief Satellite Architect, focusing on engineering.

What is Spire Space Services and how does it operate?

Spire Space Services allows organizations to deploy satellite constellations through a subscription model, minimizing upfront infrastructure costs.

How might Frank Frulio's appointment affect Spire Global's future?

His extensive telecom background may help commercialize Spire's space offerings effectively and drive new product adoption.

Spire Global, Inc.

NYSE:SPIR

SPIR Rankings

SPIR Latest News

SPIR Stock Data

314.91M
22.05M
8.04%
36.55%
9.44%
Specialty Business Services
Communications Services, Nec
Link
United States of America
VIENNA