
- Combined company is a global leader in the space-based maritime data and analytics Industry.
- Spire gains approximately $18m ARR, 150+ customers, vast historical AIS database, and real-time data solutions.
VIENNA, Va. & CAMBRIDGE, Ontario (Spire Global PR) – Spire Global, Inc.. (NYSE: SPIR) (“Spire” or “the Company“), a leading provider of space-based data, analytics and space services, announced today it has successfully completed its previously announced acquisition of exactEarth Ltd. (TSX: XCT) (“exactEarth“), a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions, by way of a plan of arrangement (the “Arrangement”), following the completion of all closing conditions. The Arrangement, which was announced on September 14, 2021, was approved by exactEarth’s shareholders at a special meeting held on November 18, 2021 and exactEarth obtained a final order from the Ontario Superior Court of Justice (Commercial List) in respect of the Arrangement on November 22, 2021.
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