Spire Global, Inc. Opens New, Expanded Virginia Office to Better Serve Government Clients

Rhea-AI Summary

Spire Global, Inc. (NYSE: SPIR) has opened a new, larger office in Vienna, Virginia, aimed at enhancing its service capabilities for federal clients, including NASA and NOAA. This expansion is in response to increased demand for space-based data solutions and aims to accommodate growth in 2022. The new facility will focus on providing diverse services such as global maritime coverage and weather predictions. The company continues to innovate in space analytics, leveraging its satellite constellation to deliver valuable insights for both government and commercial sectors.

Positive

• New office in Vienna, Virginia, significantly increases capacity to serve federal customers.
• Plans for further expansion in 2022 based on projected demand for data solutions.
• Continued partnerships with federal agencies like NASA and NOAA enhance credibility and growth potential.

Negative

• None.

The Growing Spire Team and Federal Work Creates Demand for New Space

VIENNA, Va.--(BUSINESS WIRE)-- Spire Global, Inc. (NYSE: SPIR) (“the Company” or “Spire”), a leading provider of space-based data, analytics and space services, announced today the opening of a new office located in Vienna, Virginia. The new office in Tysons has more than doubled in size to help the organization better serve federal customers like NASA and NOAA, and provide its growing team with a work environment accessible to the greater Washington, D.C. area.

“Spire’s space-based cubesat data is deployed to solve tough problems here on earth,” said Keith E. Johnson, VP & GM for Government Solutions, Spire Global Inc. “We value the opportunity to continue to work closely with the federal government to better serve U.S. citizens and help create a safer, more equitable world.”

The Company is already making plans to increase the space in the building further to account for expected growth in 2022 to help meet possible demand for a wide range of data solutions and services to its federal customers, including global maritime coverage, air tracking and monitoring, numerical weather predictions and atmospheric earth conditions. To learn more about Spire’s federal offerings, visit https://spire.com/federal/.

About Spire Global, Inc.

Spire 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 multi-purpose 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, D.C., Glasgow, Luxembourg, and Singapore. To learn more, visit http://www.spire.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211021005265/en/

For media relations at Spire Global, Inc.:

Janine Kromhout

Janine.kromhout@spire.com

For investor relations at Spire Global, Inc.:

Hillary Yaffe

Hillary.yaffe@spire.com

Source: Spire Global, Inc.

FAQ

What is the significance of Spire Global's new office opening in Vienna, Virginia?

The new office will enhance Spire Global's ability to serve federal customers and accommodate projected growth in demand for data solutions.

Which federal agencies is Spire Global working with?

Spire Global works closely with federal agencies including NASA and NOAA.

What services will Spire Global provide from its new office?

The new office will focus on providing global maritime coverage, air tracking, weather predictions, and other data solutions.

How is Spire Global positioning itself for growth in 2022?

Spire Global is expanding its office space in response to anticipated demand for its services and data solutions.

What is the stock symbol for Spire Global?

The stock symbol for Spire Global is SPIR.