Spire Global, Inc. Class A (SPIR)

In August 2025, Spire Global received a notice from the NYSE regarding non-compliance with listing standards due to the late filing of its Quarterly Report. Also in August 2025, the company announced preliminary Q2 2025 revenue and reiterated full-year 2025 revenue guidance. In December 2025, Spire Global announced its Q3 2025 results, reporting lower-than-expected revenue and revised its 2025 revenue guidance downward. In January 2026, Spire Global's stock saw positive movement after AiDASH selected its weather intelligence platform and the company expanded its National Security and Policy Advisory Capabilities. In February 2025, Spire Global's stock crashed due to the potential failure of the deal to sell its maritime business to Kpler, though the business was eventually sold by April 2025.

Spire Global's business model relies on selling subscription-based data, analytics, and Space-as-a-Service solutions, suggesting a degree of stability in demand rather than strong seasonality. The company generates recurring revenue streams from long-term government and commercial contracts. Revenue misses have been attributed to the dynamic nature of the space industry and government procurement cycles, rather than predictable seasonal patterns.

Spire Global, Inc. is a global provider of space-based data, analytics, and space services, operating in the technology sector and the "New Space" industry. The company designs, builds, owns, and operates a constellation of over 110 Low Earth Multi-Use Receiver (LEMUR) satellites. Spire's products are subscription-based data, analytics, and Space-as-a-Service (SaaS) offerings, including maritime data, aviation tracking, weather and climate insights, space services, and space reconnaissance.

Spire Global has a global presence with offices and ground stations in North America, Europe, and Asia-Pacific. Key office locations include San Francisco, Boulder, Washington D.C., Glasgow, Luxembourg, Munich, Singapore, and Cambridge (Ontario).

Spire Global has generally maintained a strong brand reputation as a leading provider of space-based data and analytics. The company secured new contracts and extensions with government agencies, focused on expanding its offerings in the defense sector, invested in AI-driven weather forecasting technologies, successfully flight tested a hyperspectral microwave sounder, and was selected for the U.S. Missile Defense Agency's SHIELD IDIQ contract. However, the NYSE notice regarding the late filing of its Quarterly Report and the uncertainty surrounding the failed sale of its maritime business could have negatively impacted its reputation.

Spire Global, Inc.'s ownership is fairly distributed with institutional investors holding a significant portion of the company's shares. Insiders hold over 20% of the company.