Spire Global Appoints Michael Eilts as General Manager of Weather and Earth Intelligence

Rhea-AI Summary

Spire Global, Inc. (NYSE: SPIR) has appointed Michael Eilts as General Manager of Weather and Earth Intelligence, aiming to enhance its global weather data and solutions strategy. Eilts, a seasoned entrepreneur with four decades in the industry, will lead product development while relocating to Boulder, Colorado. His previous ventures include co-founding Weather Decision Technologies, where he scaled operations significantly. The company believes Eilts’ expertise will bolster its weather-related services, utilizing its extensive satellite constellation to improve data accessibility.

Positive

• Appointment of Michael Eilts expected to enhance weather data and solutions strategy.
• Eilts brings four decades of experience which may lead to innovative product development.

Negative

• None.

Weather industry veteran to lead the Company’s global weather data and solutions strategy and growth

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 Michael Eilts as General Manager of Weather and Earth Intelligence. Mr. Eilts is an experienced entrepreneur and executive in the weather and environmental risk communication industry. He has four decades of experience in leading and scaling global SaaS organizations and technical expertise in meteorology and climate.

Mr. Eilts will be responsible for leading the growth strategy and product roadmap for Spire’s global weather data and solutions, as well as overseeing the team of weather and data scientists. He will relocate to Boulder, Colorado where the majority of the Company’s weather team is based and will report to Spire’s Chief Operating Officer Theresa Condor.

“Mike shares Spire’s vision to leverage data to make our world safer, cleaner and more prosperous. He has spent his career developing innovative technologies to make weather information more impactful and accessible,” said Ms. Condor. “His unique set of expertise in SaaS business development and weather will be integral in guiding our weather data and solutions.”

Previously, Mr. Eilts co-founded Weather Decision Technologies, a weather information SaaS company, where he served as President and CEO for 18 years until the company was acquired by DTN. He led the growth of the company from five to 100 employees, including acquisitions of two companies. Once a part of DTN, he served as Senior Vice President where he led the Weather Business Unit. Earlier in his career, Mr. Eilts spent nearly 20 years at the National Severe Storms Laboratory as Assistant Director where he oversaw a large portion of the meteorological research organization. He received a Master of Business Administration, Master of Science in Atmospheric Sciences and Meteorology, and a Bachelor of Science in Meteorology from the University of Oklahoma.

“Spire has created a differentiated product offering among the weather industry with data that can only be collected from space by a large satellite constellation. I’m excited to work with the team to scale our weather and Earth intelligence solutions so that organizations globally are armed with this vital information to strategically mitigate disruptions caused by weather,” said Mr. Eilts

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 eight offices across the U.S., Canada, UK, Luxembourg and Singapore. To learn more, visit www.spire.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230109005046/en/

Hillary Yaffe

Head of Communications

Hillary.Yaffe@spire.com

Source: Spire Global, Inc.

FAQ

What is the significance of Michael Eilts’ appointment at Spire Global, Inc. (SPIR)?

Michael Eilts' appointment as General Manager is significant as it aims to advance Spire's weather data and solutions strategy with his extensive experience in the industry.

When did Spire Global, Inc. announce the appointment of Michael Eilts?

Spire Global, Inc. announced the appointment of Michael Eilts on January 9, 2023.

How will Michael Eilts impact Spire's weather data services?

Michael Eilts is expected to leverage his experience to enhance product development and scaling of Spire's weather data services, making them more impactful.

Where will Michael Eilts be based after joining Spire Global, Inc.?

Michael Eilts will be based in Boulder, Colorado, where the majority of Spire's weather team is located.

What experience does Michael Eilts bring to Spire Global, Inc.?

Michael Eilts brings four decades of experience in weather and environmental risk communication and has previously co-founded a successful weather information SaaS company.