Spire collects spaced-based data through their proprietary constellation of over 100 satellites
Spire has a technology stack that is proven, at scale, and fully operational
Spire delivers subscription-based data, insights, and predictive analytics to global customers across a range of industries, including maritime, aviation, weather, and climate
Transaction funds growth strategy across key verticals and geographies, accelerates sales, marketing, and product development, and further strengthens competitive advantage
Transaction values the combined company at a $1.6 billion post-money equity value and is expected to provide approximately $475 million in gross proceeds, assuming no redemptions
Includes an upsized, and fully committed $245 million common stock PIPE, anchored by Tiger Global Management, funds and accounts managed by BlackRock, Hedosophia, JAWS – the family office of Barry Sternlicht, and Bloom Tree Partners
Spire stockholders, NavSight stockholders, and PIPE investors will hold shares in the combined company to be listed on the NYSE under the ticker symbol “SPIR”
Business combination expected to be completed in summer 2021
Investor webcast and call is scheduled for March 1st, at 8:30 AM EST
SAN FRANCISCO & RESTON, Va., March 1, 2021 (Spire Global/NavSight Holdings PR) — Spire Global, Inc. (“Spire” or the “Company”)a leading global provider of space-based data and analytics, and NavSight Holdings Inc. (“NavSight”) (NYSE: NSH), a special purpose acquisition company, today announced they have entered into a definitive merger agreement for a business combination that would result in Spire becoming a publicly listed company.
SILVER SPRING, Md. (NOAA PR) — On February 19, 2021, NOAA awarded Delivery Order 2 (DO-2) under its existing Indefinite Delivery Indefinite Quantity (IDIQ) contracts for radio occultation (RO) data to GeoOptics.
Through DO-2, NOAA will purchase 1300 occultations per day for six months from March to September, with a license to share the data with U.S. government agencies immediately upon receipt and to share on a full and open basis after 24 hours. Following verification of data and system readiness, NOAA plans to begin incorporating commercial RO data into operational numerical weather prediction (NWP) models in May.
CAPE CANAVERAL SPACE FORCE STATION, January 24, 2021 (Nanoracks PR) – Nanoracks is pleased to share the successful completion of the Company’s first mission on a SpaceX rideshare launch. Nanoracks brokered the launch and deployment of eight Spire LEMUR-2 CubeSats and of an emissions monitoring microsatellite, GHGSAT-C2 (“Hugo”).
Nanoracks’ first rideshare mission, dubbed “Eyries-1,” marks the Company’s entrance into the rideshare brokering market and the broadening of services for Nanoracks’ global customer base. This launch allowed Nanoracks to continue longstanding customer relationships and to foster new partnerships.
LUXEMBOURG (Luxembourg Space Agency PR) — On 3 December at Web Summit 2020, the European Investment Bank (EIB), and Spire Global announced a venture debt financing agreement of up to €20 million.
According to the European Investment Bank, the financing supports Spire Global’s nanosatellite development and launches, space infrastructure, data analytics, and high-skilled job creation in Luxembourg and the EU. It also represents the first-ever direct EIB financing for the emerging European “New Space” industry.
The financing will back capital expenditure and research and development (R&D) activities to further develop Spire’s constellation of small satellites and high-quality maritime, aviation and weather space data and analytics. It will also back the development of new software applications for customers and create high-skilled jobs in Luxembourg.
NOAA has awarded Spire Global and GeoOptics contracts worth a combined $23 million to provide radio occultation data from satellites the agency will use to improve its weather forecasting.
Under the two-year Commercial Weather Data Operational Buy contracts, the companies’ satellites will measure how Global Navigation Satellite System radio signals bend as they travel through the atmosphere.
NOAA will use data collected on temperatures, pressure and water vapor to better model and forecast the weather.
San Francisco-based Spire Global and GeoOptics of Pasadena, Calif., will share the $23 million award in accordance with the data the companies provide.
The contracts are a follow-on to the Commercial Weather Data Pilot program under which Spire Global and GeoOptics provided radio occultation data to NOAA for evaluation.
NOAA concluded earlier this year that the provided data were of sufficient quality to warrant purchasing.
CEDAR PARK, Texas, Oct. 20, 2020 (Firefly Aerospace PR) — Firefly Aerospace, Inc., a leading provider of economical and dependable launch vehicles, spacecraft, and in-space services, today announced the successful acceptance test of the first stage of its Alpha launch vehicle for its inaugural flight later this year, and the execution of new customer agreements.
Firefly has signed a Launch Services Agreement (LSA) with Spire Global (Spire) for the launch of Lemur spacecraft on the Alpha launch vehicle. The LSA will provide for the launch of Spire spacecraft on multiple Alpha missions over the contract period. Firefly has also executed an LSA with Geometric Space Corporation for the full payload capacity of an Alpha launch vehicle.
SAN FRANCISCO (Spire Global PR) — Spire Global, a leading data analytics provider with the world’s largest earth observation constellation of satellites for advanced weather data, maritime analytics, and aircraft tracking, today announced its first dedicated LEMUR satellite, named Djara, developed for Australia’s Office of National Intelligence (ONI).
The close collaboration between Spire and ONI – together with the LEMUR satellite’s extensive spaceflight heritage – saw the rapid development of Djara from concept to orbital deployment. The Djara satellite is part of an Australian National Intelligence Community program to experiment with commercial satellite technologies, including the on-board application of advanced machine learning capabilities.
Rideshare provider to deploy nine spacecraft for customers Canon Electronics, Kleos Space and Spire on next two missions
SEATTLE – October 14, 2020 – Spaceflight Inc., the leading satellite rideshare and mission management provider, today announced it will execute two launches on two different continents in a matter of weeks; one aboard a Rocket Lab Electron and the other on NewSpace India Limited’s (NSIL) PSLV. For both missions, Spaceflight arranged the launch and is providing mission management and rideshare integration services for its customers Canon Electronics, Kleos Space and Spire.
BERLIN, GERMANY (Exolaunch PR) – Exolaunch, the leader in rideshare launch and deployment services for the New Space industry, announced a successful launch of 15 commercial, governmental and scientific satellites for its customers from Europe, Canada, the UAE and the U.S. The Mission dubbed “Wanderlust,” Desire to Travel, lifted off on September 28 at 11:20 UTC on a Soyuz-2 rocket, marking over 100 satellites deployed by the company.
On this mission, Exolaunch provided comprehensive launch, deployment, mission management and integration services to Kepler Communications, Spire Global, the UAE Space Agency, Technische Universität Berlin, Würzburg Center for Telematics and two unnamed commercial customers.
PARIS (ESA PR) — The latest batch of tiny satellites to monitor trade on Earth from space have launched.
The Glaswegian-built nanosatellites join a fleet of about 100 objects in low Earth orbit that help to predict the movement of the world’s resources, so that businesses and governments can make informed decisions.
NOAA will purchase radio occultation (RO) data from commercial companies after determining that the measurements are useful in improving weather forecasting.
In a report released last week, NOAA said measurements provided by Spire Global and GeoOptics satellites during the second round of the Commercial Weather Data Pilot (CWDP) program in 2018 and 2019 demonstrated the utility of commercial RO data.
NASA has decided to add Airbus Defence and Space GEO Inc. to its growing list of companies from which the space agency will purchase commercial optical and radar satellite imagery.
NASA published a public notice earlier this month that it plans to acquire Airbus imagery as part of its Commercial Smallsat Data Acquisition Program (CSDAP). The commercial imagery complements data collected by NASA’s satellites.
Exolaunch will support the deployment of Spire’s Lemur-class 3U cubesats on the Indian PSLV early this year.
Singapore (Exolaunch PR) — Germany’s Exolaunch, the leading launch services and separation system provider for small satellites, confirmed that it will arrange a milestone cubesat launch to send four of Spire’s cubesats into low-inclination orbit on the Indian Polar Satellite Launch Vehicle (PSLV) in early 2020.
With this launch, Spire Global – a data analytics company with the world’s largest constellation of satellites for weather, maritime and aircraft data tracking – aims to diversify its satellite orbits. The mission will also serve as the springboard for an exciting new collaboration between Exolaunch and Indian launch services provider, New Space India Limited (NSIL) – the commercial arm of the Indian Space Research Organization (ISRO).
SEATTLE – Oct. 15, 2019 – Spaceflight, the leading satellite rideshare and mission management provider, today announced it will launch 14 more spacecraft from India’s Polar Satellite Launch Vehicle (PSLV) this year. Payloads will launch on PSLV’s C47, C48 and C49 missions, scheduled to launch in November and December 2019 from India’s Satish Dhawan Space Center. Customers aboard the missions include Analytical Space, Spire, iQPS and Kleos Space.