Space SPAC Index: Falcon 9 Launches 47 Payloads for SPAC Companies on Rideshare Mission

Falcon 9 Transporter-6 launch on Jan. 3, 2023. (Credit: SpaceX webcast)

Happy New Year to all and welcome to the first S-SPACi of 2023.

SpaceX started off the year with a boom on Tuesday with the launch of its Transporter-6 rideshare mission from Cape Canaveral in Florida. The Falcon 9 first stage booster touched down on land instead of an off-shore drone ship, sending a sonic boom echoing across the Sunshine State.

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Spire Global Awarded $1.7 Million NOAA Contract to Deliver Space Weather Data

Spire’s data will be used to demonstrate the quality and impact of commercial data on NOAA’s space weather forecast models

VIENNA, Va. (Spire Global, Inc.)Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced that it has been awarded a Commercial Weather Data Pilot (CWDP) space weather contract as part of the Commercial Data Program (CDP) issued by the National Oceanographic and Oceanic Administration (NOAA). Spire will provide near real-time radio occultation (RO) data for NOAA’s space weather forecast models to measure ionospheric conditions that impact activities such as aviation, satellite operations, navigation, and communications.

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NOAA Awards Commercial Space Weather Pilot Contracts

SILVER SPRING, Md. (NOAA PR) — NOAA awarded three Commercial Weather Data Pilot (CWDP) space weather contracts to GeoOptics Inc. (Pasadena, CA), Space Sciences and Engineering LLC, dba PlanetiQ (Golden, CO), and Spire Global Subsidiary, Inc (San Francisco, CA).

NOAA’s Commercial Data Program (CDP) supports CWDP studies to demonstrate the quality and impact of commercial data on NOAA’s weather forecast models. These contract awards constitute the next round of NOAA’s CWDP studies with a particular focus on space weather data.

GeoOptics, PlanetiQ and Spire will provide near real-time radio occultation measurements from Global Navigation Satellite System (GNSS) receivers that will enable NOAA to derive ionospheric products that meet the current and anticipated needs of operational space weather models and applications.

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Spire Global Appoints Seyed Miri as Director of Space Services for Australia and New Zealand

Spire Global Appoints Seyed Miri as Director of Space Services for Australia and New Zealand (Image Credit: Business Wire)

Seasoned aerospace business development executive offers regional and industry expertise to fuel growth of Spire Space Services in ANZ

VIENNA, Va. (Spire Global, Inc. PR)Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced the appointment of Seyed Miri as Director of Space Services for Australia and New Zealand. Miri is an entrepreneur and seasoned business development executive with more than 20 years of experience working in the Earth observation and location intelligence industry in Australia and New Zealand. He is based in Melbourne, Australia, and will report to Kamal Arafeh, Senior Vice President of Global Sales.

In this role, Miri will lead business development, client relationship management and the overall expansion of Spire Space Services, the company’s Space-as-a-Service (SPaaS) business, in Australia and New Zealand. Spire Space Services allows organizations to deploy and scale their own constellation of satellites at maximum speed with minimum risk, by leveraging Spire’s proven space platform, global ground station network, end-to-end manufacturing facility, and extensive launch partnership network through a subscription model.

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Spire Global Unveils Plan to Augment its Weather Data and Forecasting with Microwave Sounders

Spire will offer robust weather data and forecasting capabilities from space with the addition of atmospheric moisture measures from microwave sounders

VIENNA, Va. (Spire Global, Inc. PR) Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced plans to build upon its fully deployed constellation of over 100 multipurpose satellites with satellites carrying microwave sounders to gather atmospheric moisture and temperature measurements. The measurements collected by these instruments will expand the company’s data offerings and, when coupled with the weather and Earth intelligence data that Spire currently collects through radio occultation and reflectometry measurements, will further enhance the value and accuracy of its global weather forecasts.

Spire entered a partnership with RAL Space, a part of the Science and Technology Faciliti​es Council (STFC) in the UK, to further develop and deploy the Hyperspectral Microwave Sounder (HYMS) on Spire satellites. The HYMS instrument is a new, advanced millimeter wave technology that delivers microwave sounding information to improve weather forecasting. Spire and STFC will work together on a demonstrator mission of the HYMS, launching it on a 16U Spire satellite, with the long-term objective of launching a full constellation for atmospheric monitoring.

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Spire Global Appoints Elizabeth Wylie as Head of Business Development for Australia and New Zealand

Former Australian Government Innovation Leader to add regional expertise as the company continues to expand its presence in AsiaPac

Spire Global Appoints Elizabeth Wylie as Head of Business Development for Australia and New Zealand (Image Credit: Business Wire)

VIENNA, Va. (Spire Global, Inc. PR)Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”), a leading global provider of space-based data, analytics and space services, today announced that it has appointed Elizabeth Wylie, Ph.D, as Head of Business Development, for Australia and New Zealand. Based in Canberra, Australia, Wylie reports to Kamal Arafeh, Senior Vice President of Global Sales.

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Spire Global Added to Membership of Russell 3000® Index

Spire and several “new space” companies joining the index for the first time highlights exciting sector growth

VIENNA, Va. (Spire Global, Inc. PR) Spire Global, Inc. (NYSE: SPIR), a leading global provider of space-based data, analytics and space services, has been added as a member of the broad-market Russell 3000® Index, effective after the US market opens on June 27, as part of the 2022 Russell indexes reconstitution. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.

“We are honored to be included in the Russell 3000,” said Peter Platzer, Spire’s CEO. “This is a milestone event for the company and for our talented team who got us where we are today.”

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Spire Global Awarded $6 Million NASA Contract Extension for Earth Observation Data

Spire has provided reflectometry, radio occultation and other Earth observation data to NASA’s Commercial Smallsat Data Acquisition (CSDA) Program since 2018

VIENNA, Va. (Spire Global, Inc. PR)Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced it was awarded a $6 million, 12-month contract extension from NASA to continue its participation in the agency’s Commercial Smallsat Data Acquisition (CSDA) Program.

Spire will continue to deliver a comprehensive catalog of Earth observation data, associated metadata, and ancillary information from its constellation of 100+ multipurpose satellites. The data provided will include:

  • Surface data, Spire’s GNSS Grazing Angle Reflectometry data (GNSS-R), to measure sea ice extent, classification and altimetry, soil moisture, and ocean surface wind speed;
  • Atmospheric data, Spire’s GNSS radio occultation (GNSS-RO) soundings, for weather forecast models to improve global weather forecasting accuracy;
  • Space weather offering measurements of electron density and scintillation that allow researchers to monitor the ionosphere as well as prepare for and react to weather events in space; and
  • Domain awareness including satellite state vector, altitude and precise orbit determination (POD) data to correct errors in orbital drag models.
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Spire Obtains $120 Million Credit Facility from Blue Torch Capital

VIENNA, Va. (Spire Global PR) — Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced that it has obtained a credit facility up to $120 million, led by Blue Torch Capital. Proceeds will be utilized to extinguish an existing approximately $71 million credit facility and to continue driving Spire’s four strategic growth pillars, providing flexibility to strategically run the business.

Spire’s growth pillars are:

  • Invest in Sales, Marketing and Product
  • Expand into New Geographies and Use Cases
  • Expand the Capabilities of our Data and our Analytics
  • Execute Strategic Acquisitions to Strengthen our Market Position

“We have taken proactive steps to improve our balance sheet,” said Thomas Krywe, Spire’s CFO. “This credit facility helps de-risk the business and provides us with additional capital to invest in areas that are beneficial to the execution of our growth strategies as we drive towards our goal of being free cash flow positive in 21 – 27 months.”

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Spire Global Reports $18 Million First Quarter Loss

  • Revenue increased to $18.1 million resulting in 86% year over year (YoY) growth
  • ARR of $81.6 million reflected $10.9 million of sequential and 134% YoY growth
  • Improved full year guidance – increased ARR low end range; lowered operating loss1
  • Reaffirmed remaining guidance

VIENNA, Va. (Spire Global PR) — Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”) a leading provider of space-based data, analytics and space services, today announced results for its quarter ended March 31, 2022.

“The first quarter was defined by strong execution, delivering results that exceeded our expectations on the top and bottom line. As market volatility, inflationary pressures, and supply chain constraints continue to make headlines, Spire is bringing insights to help our customers drive stability and operational efficiencies during these dynamic times,” said Peter Platzer, Spire’s CEO. “Customers recognize the value of Spire data, and we have seen them expand across our data products and up the data value chain. We look for continued growth and further customer diversity as more use cases for Spire’s data become apparent.”

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Spire Global Awarded TCOM Subcontract for Weather Forecasts at Aerostat Sites

The multi-million dollar subcontract is Spire’s largest numerical weather prediction deal to date

VIENNA, Va. (Spire Global, Inc. PR) — Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced it was awarded a subcontract agreement with TCOM, L.P. (TCOM), the global leader in elevated intelligence, surveillance, and reconnaissance (ISR) awareness solutions, to provide weather forecasts for ten sites where TCOM aerostats are operated.

The multi-million dollar subcontract is for a five-year period and is Spire’s largest numerical weather prediction (NWP) deal to date. The agreement includes comprehensive weather forecasts, alerts that notify aerostat site operators if bad weather is forecasted, weather training for site managers and site leads, and a contact center offering weather information 24 hours a day, seven days a week.

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Spire Global to Launch Five Satellites on SpaceX Transporter-5 Mission

Falcon 9 Transporter mission liftoff (Credit: SpaceX)

Launch will include three satellites and hosted payloads for Space Services, the company’s Space-as-a-Service (SPaaS) business

VIENNA, Va., May 18, 2022 (Spire Global PR) — Spire Global, Inc.(NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced that it will launch five satellites on the upcoming SpaceX Transporter-5 Mission from Cape Canaveral Space Force Station in Florida. The launch will take place this month.

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Kepler Provides On-Orbit High-Capacity Data Service to Spire Global

TORONTO, ONTARIO – May 10th, 2022 (Kepler Communications PR) — Kepler Communications announces a contract with data, analytics, and space services company, Spire Global Inc. (“Spire”) (NYSE: SPIR) to bring high-capacity Ku-Band Service to the company’s satellites. Through this contract, Spire will gain access to Kepler’s robust Ku-Band technology, enabling the company to provide additional value to space services customers. The agreement will see Spire install Kepler’s Ku-Band payload on three initial satellites, with the option to scale to up to fifty satellites.

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Spire Global Announces Landmark Space-as-a-Service Contract with NorthStar Earth & Space for a Dedicated Constellation

Collaboration will deliver space-based Space Situational Awareness services to protect critical satellite infrastructure

VIENNA, Va. (Spire Global PR) –Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics, and space services, announced today a new space-as-a-service agreement with NorthStar Earth & Space (“NorthStar”), a comprehensive Earth & Space Information Services Platform, to build a constellation of satellites focused on space-situational awareness (SSA) and debris monitoring. The first award within the contract is for three satellites, with pre-agreed options for NorthStar to scale the constellation to dozens of satellites as their business operational needs grow.

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Spire Global and SNC Announce Strategic Partnership on Space Services Program

VIENNA, Va. (Spire Global PR) – Spire Global, Inc. (NYSE: SPIR), a leading provider of space-based data, analytics, and space services, today announced a partnership with Sierra Nevada Corporation (SNC) on a space services program to address a growing market need for radio frequency (RF) collection and analysis. Spire’s cluster of four 6U satellites will enhance SNC technology that detects and geolocates certain objects based on targeted RF emissions. The program will provide valuable insight into how military and government organizations can better manage RF emissions and safeguard against RF and GPS interference.

“This is an exciting and important strategic partnership for Spire, and we thank SNC for their confidence in our team and our space-as-a-service offering,” Director Intelligence Community Sales, Spire Federal Mark Carhart said. “Spire’s secure, scalable and space-proven satellite platform will enable SNC to advance its RF collection capabilities in an efficient, low-risk and cost-effective manner.”

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