Spire Global, Inc. (SPIR) News
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Latest SPIR News From Around the Web
Below are the latest news stories about SPIRE GLOBAL INC that investors may wish to consider to help them evaluate SPIR as an investment opportunity.
Spire Global Appoints Theresa Condor as CEO and Taps Aerospace Industry Veterans for Executive TeamVIENNA, Va., December 03, 2024--Spire Global (NYSE: SPIR) ("Spire" or "the Company") announced that Theresa Condor, who currently serves as Chief Operating Officer and a board member, has been appointed as the new Chief Executive Officer. Condor will assume the role on January 1, 2025, and Founder and CEO Peter Platzer will become Executive Chairman as part of a planned leadership transition. |
Spire Global Selected by LatConnect60 to Improve Sustainable Agriculture PracticesPERTH, Australia, November 25, 2024--Spire Global (NYSE: SPIR) ("Spire" or the "Company"), a global provider of space-based data, analytics, and space services, was selected by LatConnect60, a data and analytics company that generates vital insights from Earth Observation data, to provide Global Navigation Satellite System Reflectometry (GNSS-R) data and Soil Moisture Insights. |
Spire Global upgraded to Buy from Hold at Craig-HallumCraig-Hallum analyst Jeff Van Rhee upgraded Spire Global (SPIR) to Buy from Hold with a price target of $20, up from $8, after the company announced a “transformational” $241M deal to sell the Maritime business to Kpler. If the deal closed today, it is “hard to avoid the conclusion” that the remaining business is worth “far more” than $127M in enterprise value, the analyst tells investors. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try N |
Spire Global Announces Strategic Business Update; Debt to be EliminatedVIENNA, Va., November 13, 2024--Spire announced an agreement to a sell its maritime business for approximately $241 million and intends to eliminate debt through sale proceeds . |
Spire Global Achieves Financial Milestone; Provides Update on Revenue Recognition Review and RestatementVIENNA, Va., November 04, 2024--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. |
Spire Global and OroraTech Awarded NASA Contract for Wildfire MonitoringVIENNA, Va., October 29, 2024--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. |
Spire Global Awarded $3.8 Million NOAA Contract for Satellite Weather DataVIENNA, Va., September 09, 2024--Spire Global was awarded a $3.8 million, one-year contract from NOAA for radio occultation data. |
Spire Global Announces Participation in Upcoming Investor EventVIENNA, Va., September 05, 2024--Spire Global, Inc. (NYSE: SPIR), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming event. |
Spire Global Signs Waiver and Amendment to Financing Agreement with Blue Torch CapitalVIENNA, Va., August 29, 2024--On August 27, 2024, Spire Global, Inc. (NYSE: SPIR) ("Spire" or the "Company") entered into a waiver and amendment to its current financing agreement with Blue Torch Capital. |
Spire Global Provides Update on New Contracts and Revenue Recognition Review of Certain Prior Contracts; Receives NYSE Notice Regarding Late Form 10-Q FilingVIENNA, Va., August 27, 2024--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. |