• Spire’s Common Stock to Commence Trading on NYSE Under the Ticker “SPIR”
• Combined Company to Continue Providing Space-Based Data Solutions and Space Services to Global Customers
• Gross Proceeds to Spire totaled $265 million, combining funds held in NavSight Holdings’ Trust and concurrent PIPE financing

VIENNA, Va. & RESTON, Va. (Spire Global PR) – Spire Global, Inc. (“Spire” or the “Company”) a leading global provider of space-based data, analytics and space services, today announced it has completed its previously announced business combination with NavSight Holdings, Inc. (NYSE: NSH) (“NavSight”) to take Spire public. The combined company has been renamed “Spire Global, Inc.” and its shares will commence trading on the New York Stock Exchange on August 17, 2021, under the ticker symbol “SPIR” for Spire common stock and “SPIRW” for Spire warrants.

New task order continues delivery of comprehensive space data and opens availability to all U.S. Government-funded researchers and federal agencies

VIENNA, Va. & RESTON, Va. (Spire Global PR) — Spire Global, Inc. (“Spire” or “the Company”), a leading global provider of space-based data and analytics, has announced the continuation of its participation in NASA’s Commercial Smallsat Data Acquisition (CSDA) Program with a six-million-dollar contract extension. The contract continuation, Task Order 6 (TO6), is a subscription data solution that includes radio occultation (RO) data, grazing angle GNSS-RO, total electron content (TEC) data, precise orbit determination (POD) data, soil moisture and ocean surface wind speed GNSS-Reflectometry data, and magnetometer data. This data will be available to all federal agencies, NASA-funded researchers and, more broadly, to all U.S. Government-funded researchers for scientific purposes.

Spire grows LEMUR CubeSat platform with newly deployed satellites

SAN FRANCISCO, Calif. & RESTON, Va. (Spire PR) — On April 29 Spire successfully deployed two new satellites into its LEMUR constellation. The satellites bring Spire to 143 total satellites launched, with more than 110 currently in orbit. This is the second launch of 2021 for Spire and 30th launch overall.

The Low Earth Multi-Use Receiver (LEMUR) is Spire’s CubeSat platform used to track maritime, aviation, and weather activity from space. Each satellite is equipped with multiple sensors, capable of capturing data day and night and during extreme weather conditions.

Wall Street’s latest easy money craze has attracted a growing number of space companies. But, just because they can go public, should they?

by Douglas Messier
Managing Editor

Seven space companies have gotten caught up in the SPACovirus sweeping through Wall Street. The impact on the space industry is going to be interesting to watch.

A SPAC is a special purpose acquisition company. It’s a publicly traded investment firm that, with outside investors, acquires or merges with another company, and then takes the acquisition public under its own name.

• 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 1^st, 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.

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.

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.

• Two of the satellites have onboard a supercomputer capable of making hyper-accurate predictions for shipping to support maritime trade

SWINDON, UK (UK Space Agency PR) — Four shoebox-sized and government-backed satellites, including two supercomputers, have launched this afternoon (Monday 28 September).

The ‘nanosatellites’, which are built in Glasgow and are no larger than a microwave, have joined a fleet of nearly 100 objects in low Earth orbit that monitor shipping movements, helping predict global trade and making business more cost effective and efficient.

Like mobile phones, satellites are also getting smaller and smarter and nanosatellites are roughly the size of a shoe box. Despite their size, they can do almost everything a conventional satellite does.

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.

Four shoebox-sized, British-funded satellites will join a global fleet in orbit in the next two months

SWINDON, UK (UK Space Agency PR) — Government-backed ‘nanosatellites’ – built in Glasgow – will launch later this month, joining a fleet of more than 100 objects in low Earth orbit that predict global trade movements.

Two of four nanosatellites, made by Spire Global UK and backed by over £6 million of Government investment, will take off on the Russian Soyuz launcher on 24 September. The other two nanosatellites will be aboard an Indian PSLV launcher, due for launch on 1 November.