Spire Global Bags C$1.41M Deal From Government of Canada for Ship Tracking Data, With Option To Expand Contract Value To C$4.23M

7/8/24 6:49:13 AM ET

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Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, was awarded a CA $1.41 million contract by the Government of Canada (GoC) for the provision of global automatic identification system (AIS) ship tracking data. The one-year contract includes options for two additional years, extending the total potential contract value to nearly CA $4.23 million.

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Date	Price Target	Rating	Analyst
9/10/2024	$20.00 → $12.00	Buy	Canaccord Genuity
8/28/2024		Outperform → Mkt Perform	Raymond James
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4/18/2024	$22.00	Buy	Alliance Global Partners
10/12/2022	$2.00	Neutral	Credit Suisse

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Spire Global Bags C$1.41M Deal From Government of Canada for Ship Tracking Data, With Option To Expand Contract Value To C$4.23M
Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, was awarded a CA $1.41 million contract by the Government of Canada (GoC) for the provision of global automatic identification system (AIS) ship tracking data. The one-year contract includes options for two additional years, extending the total potential contract value to nearly CA $4.23 million.
7/8/24 6:49:13 AM ET
$SPIR
Telecommunications Equipment
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Spire Global Achieves Financial Milestone; Provides Update on Revenue Recognition Review and Restatement
Spire Global, Inc. (NYSE:SPIR) ("Spire" or the "Company") announces a milestone for new contract bookings in the third quarter and provides an update on the ongoing review of its accounting practices. During the third quarter, the Company brought in $40.0 million of new contracts. This is the largest value of bookings the Company has received in a quarter. Spire entered the third quarter of 2024 with a cash and marketable securities balance of $45.8 million and ended the quarter with a balance of $36.6 million. During the quarter, Spire made a $10.0 million payment toward the outstanding principal balance of the term loans under the financing agreement with Blue Torch Finance LLC ("Blue T
11/4/24 5:41:00 PM ET
$SPIR
Telecommunications Equipment
Consumer Discretionary
Spire Global and OroraTech Awarded NASA Contract for Wildfire Monitoring
Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, was awarded a concept study contract by NASA's Jet Propulsion Laboratory to develop space-based capabilities for a wildfire early detection warning and active monitoring system. Spire will partner with OroraTech, the global leader in space-based thermal intelligence, to design a comprehensive and scalable solution. Under the contract, Spire and OroraTech will develop a low-cost, orbital solution for monitoring wildfire-prone areas in the United States. Spire will leverage its experience developing and operating space and ground systems alongside OroraTech's expert
10/29/24 6:45:00 AM ET
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Mission Control to Advance AI Onboard New Spire Global Satellite
The Persistence Mission is expected to demonstrate the power of robust and resilient AI for in-orbit processing to preserve bandwidth, enable rapid decision making, and improve our knowledge of Earth. At the International Aeronautical Congress (IAC), Spire Global, Inc. (NYSE:SPIR) ("Spire" or the "Company") and Mission Control announced a mission to explore the power of artificial intelligence ("AI") in space. The Persistence Mission is expected to showcase how AI can be reliably used onboard satellites over a long period of time to generate actionable insights in real-time. Spire has agreed to build and operate the LEMUR 6, a 6U satellite with an optical payload that will provide images
10/16/24 8:30:00 AM ET
$SPIR
Telecommunications Equipment
Consumer Discretionary

Spire Global to Join Russell 3000® Index
Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, is set to join the broad-market Russell 3000® Index, effective at the open of U.S. equity markets on July 1. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. "We are thrilled to announce our inclusion in this prestigious index, a milestone that underscores our commitment to delivering sustained growth and long-term value to our shareholders," said Peter Platzer, Spire CEO. Russell
5/28/24 6:45:00 AM ET
$SPIR
Telecommunications Equipment
Consumer Discretionary
Spire Global to Launch the First Commercial Space Situational Awareness Satellite Constellation for NorthStar Earth & Space
The 'Four of a Kind' dedicated mission from Rocket Lab will deliver four SSA satellites, fully built and operated by Spire, to low Earth orbit Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, today announced the dedicated launch mission of four satellites for Space Situational Awareness provider, NorthStar Earth & Space. The ‘Four of a Kind' mission is scheduled to launch no earlier than January 18 between 19:15-20:00 NZT (January 18 between 06:15-07:00 UTC) from Rocket Lab Launch Complex 1 in New Zealand. The Company will livestream the launch on YouTube (@spire-global). "The upcoming launch of the first com
1/9/24 6:45:00 AM ET
$SPIR
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Spire Global Appoints Michael Eilts as General Manager of Weather and Earth Intelligence
Weather industry veteran to lead the Company's global weather data and solutions strategy and growth 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 solution
1/9/23 6:45:00 AM ET
$SPIR
Telecommunications Equipment
Consumer Discretionary

Spire Global Provides Update on New Contracts and Revenue Recognition Review of Certain Prior Contracts; Receives NYSE Notice Regarding Late Form 10-Q Filing
Spire announces multi-million-dollar contracts with U.S. Air Force, UK Space Agency and NASA The Company expects to report second quarter results and restate impacted historical financials within six-month period Spire Global, Inc. (NYSE:SPIR) ("Spire" or the "Company") announces new multi-million-dollar contracts, the receipt of an NYSE notice regarding its late Form 10-Q filing and the Company's decision to restate certain historical financials following its review of the technical revenue recognition accounting for certain contracts. Underscoring Spire's mission to improve life on Earth with data from space, the Company has been awarded new contracts focused on improving national s
8/27/24 4:05:00 PM ET
$SPIR
Telecommunications Equipment
Consumer Discretionary
Spire Global Inc Investors: Please contact the Portnoy Law Firm to recover your losses
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 22, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Spire Global Inc ("Spire" or "the Company") (NYSE:SPIR) investors that a lawsuit filed on behalf of investors that purchased Spire securities between March 6, 2024, and August 14, 2024. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via https://portnoylaw.com/spire-global-inc/. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims
8/22/24 12:27:10 PM ET
$SPIR
Telecommunications Equipment
Consumer Discretionary
Spire Global Files Form 12b-25 with the Securities and Exchange Commission
Spire Global, Inc. (NYSE:SPIR) ("Spire" or the "Company") has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission ("SEC") related to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. The Company is working diligently to finalize its financial statements and will file its Quarterly Report on Form 10-Q as soon as practicable. The 12b-25 filing is available on Spire's investor relations website at ir.spire.com. The Company will reschedule its second quarter 2024 results conference call and announce the timing once the filing date of its Form 10-Q is confirmed. About Spire Global, Inc. Spire (NYSE:SPIR) is a g
8/14/24 4:05:00 PM ET
$SPIR
Telecommunications Equipment
Consumer Discretionary

Spire Global Bags C$1.41M Deal From Government of Canada for Ship Tracking Data, With Option To Expand Contract Value To C$4.23M

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