Welcome to our dedicated page for Spire Global news (Ticker: SPIR), a resource for investors and traders seeking the latest updates and insights on Spire Global stock.
Spire Global, Inc. reports developments in satellite data, analytics and space services built around its owned nanosatellite constellation and radio-frequency sensing technology. The company’s updates focus on space-based weather intelligence, ship and aircraft movement data, spoofing and jamming detection, GNSS radio occultation and reflectometry, RF geolocation, and customer use of its Space as a Service infrastructure.
Recurring news also covers satellite launches, constellation replenishment, satellite manufacturing capability, government and commercial space programs, and applications in agriculture, aviation, maritime tracking, geomagnetic measurement and security intelligence. Spire’s announcements often connect its satellite payloads, ground infrastructure and data products to specialized monitoring and decision-support use cases.
Spire Global (NYSE: SPIR), a provider of space-based data, analytics and space services, has announced an upcoming conference call with investors and analysts. The call is scheduled for Wednesday, August 13, 2025 at 5:00 p.m. ET to discuss the company's business outlook and financial highlights.
Investors can access the call via webcast on Spire's IR website at ir.spire.com or by dialing 877-841-2968 with conference ID 13755116. A replay will be available on the IR website for six months.
Spire Global (NYSE: SPIR) has secured a $1.2 million contract extension from NASA for its Commercial Satellite Data Acquisition (CSDA) Program. This two-month extension follows a $6.7 million, 12-month task order awarded in August 2024.
The company will continue providing comprehensive Earth observation data, including GNSS radio occultation, GNSS Reflectometry, and space weather measurements. Spire has been a vendor for NASA's CSDA Program since 2018, supporting U.S. government-funded research for global weather forecasting, atmospheric profiling, and climate research.
Spire Global (NYSE: SPIR) has launched Aircraft Exposure Analytics, an innovative aviation solution that quantifies aircraft exposure to hazardous weather conditions. The platform combines the company's global ADS-B flight data with Significant Meteorological Information (SIGMET) alerts to track when and where aircraft encounter adverse weather conditions.
The solution monitors various weather hazards including turbulence, icing, thunderstorms, volcanic ash, and tropical cyclones. This data-driven approach enables airlines, maintenance teams, OEMs, lessors, and insurers to better understand environmental impacts on aircraft performance, safety, and long-term wear. The service is now available as part of Spire Aviation's Flight Report platform.
Spire Global (NYSE: SPIR), a space-based data, analytics, and space services provider, has announced its participation in three upcoming investor events in May and June 2025:
- 22nd Annual Craig-Hallum Institutional Investor Conference on May 28, 2025, in Minneapolis
- Lytham Partners Spring 2025 Investor Conference on May 29, 2025 (Virtual)
- Stifel 2025 Boston Cross Sector 1x1 Conference on June 3, 2025, in Boston
Interested investors should contact their sales representatives at the sponsoring firms to schedule one-on-one meetings with Spire Global.
Spire Global (NYSE: SPIR) has been selected by the U.S. Space Force's Space Systems Command for a significant 10-year IDIQ contract under the Space Test Experiments Platform (STEP) 2.0 program, with a ceiling value of $237 million. As one of 12 companies chosen, Spire will compete for task orders to design, build, integrate, and operate satellite buses for experimental payloads.
The STEP 2.0 program aims to streamline space-based systems testing by utilizing commercial satellite providers to deliver standardized, adaptable buses for hosting various sensors and instruments. The program facilitates faster space access through commercial rideshare launches and supports both orbital and space station-based experiments.
Spire Global (NYSE: SPIR) reported Q1 2025 revenue of $23.9 million, with regional distribution of 57% from Americas, 34% from EMEA, and 9% from Asia Pacific. The company improved its operational cash flow usage by 5% year-over-year to $8.4 million. Following a maritime transaction, Spire eliminated all debt and holds $136 million in cash and equivalents.
Key developments include winning a Can$72 million contract from the Canadian government for wildfire monitoring satellites, successful two-way optical link establishment between satellites, and launch of AI weather models (AI-WX and AI-S2S). For FY2025, Spire projects revenue between $85-95 million and expects to maintain over $100 million in cash by year-end.
Spire Global (NYSE: SPIR), a provider of space-based data, analytics and space services, has scheduled its Q1 2025 earnings conference call for May 14, 2025, at 5:00 p.m. ET. The company will release its financial results after market close on the same day. Investors and analysts can join via webcast at ir.spire.com or by calling toll-free at 877-841-2968 using conference ID 13753787. A replay of the webcast will remain available for six months on the company's investor relations website.
Spire Global and Myriota have expanded their Space Services partnership with a new agreement to design, build, and operate 16 additional satellites with enhanced second-generation payloads for IoT connectivity. This expansion will increase Myriota's total satellite deployment through Spire to over 40 satellites.
The collaboration, which began in 2021, has enabled Myriota to scale its IoT platform by deploying network software on Spire's optimized satellites. The expanded constellation will deliver improved IoT connectivity features including:
- Enhanced security
- Faster data access
- Reduced latency
- Better device control
- Improved firmware updating capabilities
This partnership aims to address critical gaps in IoT communication, serving sectors like agriculture, water, and logistics with ultra-low power networks featuring multi-year sensor battery life.
Spire Global (NYSE: SPIR) has completed the sale of its maritime business to Kpler for approximately $233.5 million, plus a $7.5 million service agreement extending over twelve months post-closure. The company has utilized the proceeds to completely eliminate its outstanding debt, with the remaining funds allocated for investment in near-term growth opportunities.
Spire Global (NYSE: SPIR) reported its Q4 and full year 2024 results, achieving $110.5 million in revenue for 2024, representing a 13% year-over-year growth. The company demonstrated significant operational improvements with cash flows used in operations of $18.5 million, a 49% improvement year-over-year, and free cash flow of ($45.0 million), a 16% improvement year-over-year.
The company maintains strong future commitments with $216.4 million in remaining performance obligations, of which 31% is expected to be recognized within 12 months. For 2025, Spire projects revenue growth of 12-17%, excluding the held-for-sale maritime business, with growth concentrated in the second half. The company anticipates approximately 20% revenue growth in 2026.
Notable business developments include a new AI space exploration mission with Mission Control and a partnership with LatConnect60 for sustainable agriculture practices using GNSS reflectometry data and Soil Moisture Insights.