SAN FRANCISCO (Spire PR) –Spire, a satellite-powered data company, announced today that it has raised $25 million in Series A funding. Spire is changing its name from Nanosatisfi, with rebranding rolling out through the end of the year.
“We listen to the three-quarters of the Earth that is remote or covered by water. Our customers make global business decisions and require detailed data in regions that have been critically underserved. Spire’s offering of high frequency, high accuracy data resonated with them, particularly in the areas of global trade, weather, shipping and supply chain, illegal fishing, and maritime domain awareness. Modern remote sensing traditionally focuses on the small fraction of Earth that is covered in land and is densely populated with people,” says Peter Platzer, Spire CEO. “What happens, particularly over the oceans, is critical in understanding global systems, and our proprietary technology delivers truly global perspectives that enable our customers to make smarter decisions.”