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Spire Global Inc - SPIR STOCK NEWS

Welcome to our dedicated news page for Spire Global (Ticker: SPIR), a resource for investors and traders seeking the latest updates and insights on Spire Global.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Spire Global's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Spire Global's position in the market.

Rhea-AI Summary

Spire Global, Inc. (NYSE: SPIR) has secured a multi-million-dollar deal with a financial firm to provide High-Resolution Weather Forecast models and develop an AI-powered model for long-range forecasting. The deal aims to increase the accuracy of weather forecasts and produce long-range probabilistic forecasts at unprecedented speeds. Spire will leverage Earth-2, NVIDIA’s platform for weather and climate change modeling, to train and run AI weather models. By utilizing proprietary data collected from space, Spire's multipurpose constellation of satellites aims to usher in a new era of accuracy, speed, and reliability in weather forecasting. The suite of Weather and Climate solutions will serve customers across various industries including energy, logistics, utilities, agriculture, and more.

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Spire Global, Inc. (SPIR) has scheduled a conference call on May 15, 2024, to discuss its first quarter 2024 financial results. The call will be held at 5:00 p.m. ET and a live webcast will be available on the company's Investor Relations website. Investors and analysts can access the call via a toll-free dial-in number or an international dial-in number. A replay of the call will also be available.
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1.53%
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Spire Global, Inc. (SPIR) partners with HANCOM InSpace to launch Sejong-2 and Sejong-3 satellites, expanding image analysis solutions in collaboration with Sejong-1. The agreement aims to enhance Korea's remote sensing capabilities with a constellation of three satellites, focusing on optical imagery for agriculture and other applications.
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3.52%
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Spire Global, Inc. (SPIR) closes registered direct offering, raising $30 million in gross proceeds with an option for additional $31 million. Net proceeds to be used for debt repayment, working capital, and corporate purposes.
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-6.36%
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Spire Global, Inc. (SPIR) announces a registered direct offering of 2,142,858 shares of Class A common stock at $14.00 per share, raising approximately $30 million in gross proceeds.
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-34.8%
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Spire Global collaborates with NVIDIA to enhance AI-driven weather prediction, leveraging Spire's RO data and DA capabilities with NVIDIA Earth-2 Cloud APIs. The partnership aims to revolutionize weather forecasting accuracy and empower customers across multiple sectors.
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30.37%
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Spire Global, Inc. (SPIR) to participate in the 36th Annual Roth Conference on March 18, 2024, with Chief Financial Officer Leo Basola presenting at 4:00 p.m. ET. The event will be webcasted.
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-0.92%
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Spire Global, Inc. (SPIR) reports record revenue for the fourth quarter and full year 2023 with impressive growth and improved operating and net losses. The company focuses on providing space-based data and services, highlighting achievements in climate change and global security sectors.
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Rhea-AI Sentiment
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8.96%
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Spire Global, Inc. successfully launched four satellites for IoT connectivity, enhancing global coverage for Myriota and Hubble Network. The satellites will provide secure, low-cost, and reliable IoT connectivity, improved security, faster data access, and enhanced device control capabilities.
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-0.33%
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Spire Global, Inc. (SPIR) secures two framework contracts from the European Maritime Safety Agency (EMSA) worth €8.4 million to provide satellite AIS data services for vessel tracking over a four-year period. The contracts aim to enhance global vessel monitoring, particularly in areas with limited terrestrial AIS network coverage, to improve maritime safety and environmental protection.
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-7%
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Spire Global Inc

NYSE:SPIR

SPIR Rankings

SPIR Stock Data

265.28M
19.51M
16.82%
18.55%
4.26%
Satellite Telecommunications
Information
Link
US
Reston

About SPIR

spire is a data and analytics company that collects data from space to solve problems on earth. spire can identify, track, and predict the movement of the world's resources and weather systems so that businesses and governments can make smarter decisions about what to do next - a vital capability given how quickly our world is changing. to learn more, visit: www.spire.com spire is looking for exceptional people to join its fast-growing team. challenge yourself, apply today! http://spire.com/careers/