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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Recent Analyst Ratings for
$SPIR

Date	Price Target	Rating	Analyst
11/14/2024	$17.00 → $24.00	Buy	Alliance Global Partners
11/14/2024	$8.00 → $20.00	Hold → Buy	Craig Hallum
9/10/2024	$20.00 → $12.00	Buy	Canaccord Genuity
8/28/2024		Outperform → Mkt Perform	Raymond James
8/15/2024	$15.00 → $9.00	Outperform → Neutral	Robert W. Baird
8/15/2024		Buy → Hold	Craig Hallum
6/13/2024		Buy	Alliance Global Partners
6/5/2024	$13.00	Buy	Craig Hallum

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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
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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
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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
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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
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12 Industrials Stocks Moving In Thursday's After-Market Session
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Spire Global Announces Strategic Business Update; Debt to be Eliminated
Spire entered into agreement to sell its maritime business for ~$241 million; purchase price ~5.8x trailing twelve months revenue Company intends to eliminate debt through sale proceeds Company intends to invest in growth and innovation of its data analytics and radio frequency geolocation solution offerings to address climate change and global security challenges for its customers Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, today announced an agreement to a sell its maritime business to Kpler for approximately $241 million. The Company intends to use the proceeds of the sale to retire all outstand
11/13/24 6:45:00 AM ET
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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
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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
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Spire Global to Join Russell 3000® Index
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Spire Global to Launch the First Commercial Space Situational Awareness Satellite Constellation for NorthStar Earth & Space
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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
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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

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$SPIR Insider Trading

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Chief Executive Officer Platzer Peter was granted 262,500 shares, increasing direct ownership by 16% to 1,941,941 units (SEC Form 4)

Director Porteous William was granted 2,289 shares, increasing direct ownership by 3% to 90,529 units (SEC Form 4)

Chief Operating Officer Condor Theresa sold $131,586 worth of shares (18,539 units at $7.10), decreasing direct ownership by 4% to 394,744 units (SEC Form 4)

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Basola Leonardo bought $49,250 worth of shares (10,000 units at $4.92), increasing direct ownership by 11% to 103,750 units (SEC Form 4)

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Spire Global Provides Update on New Contracts and Revenue Recognition Review of Certain Prior Contracts; Receives NYSE Notice Regarding Late Form 10-Q Filing

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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

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SEC Form SC 13G/A filed by Spire Global Inc. (Amendment)

SEC Form SC 13G/A filed by Spire Global Inc. (Amendment)

SEC Form SC 13G/A filed by Spire Global Inc. (Amendment)

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Spire Global Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

Spire Global Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

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