Spire Global Inc - Ordinary Shares - Class A Stock News

Spire Global (SPIR -52.16%) stock crashed 49.7% through 11:11 a.m. ET Wednesday, and a lot of investors are wondering why right now.

CAMBRIDGE, Ontario--(BUSINESS WIRE)---- $SPIR--Spire Global was assigned a Can$72 million contract by the Government of Canada to develop a dedicated satellite constellation to monitor wildfires.

Spire Global is rated a Buy due to its potential in generative AI and satellite data integration, despite recent financial uncertainties. The sale of the maritime business and debt elimination have nearly doubled the stock's value, reducing major risks. Future growth is anticipated in Aviation, Weather, and Space Services segments, with potential positive cash flows from new contracts in the la...

What a long, strange trip it's been since space stocks stormed onto the stock market in 2021.

VIENNA, Va.--(BUSINESS WIRE)---- $SPIR--Spire Global (NYSE: SPIR) (“Spire” or “the Company”) announced that Theresa Condor, who currently serves as Chief Operating Officer and a board member, has been appointed as the new Chief Executive Officer. Condor will assume the role on January 1, 2025, and Founder and CEO Peter Platzer will become Executive Chairman as part of a planned leadership trans...

PERTH, Australia--(BUSINESS WIRE)--Spire Global (NYSE: SPIR) (“Spire” or the “Company”), a global provider of space-based data, analytics, and space services, was selected by LatConnect60, a data and analytics company that generates vital insights from Earth Observation data, to provide Global Navigation Satellite System Reflectometry (GNSS-R) data and Soil Moisture Insights. The World Bank rep...

Several pure-play space stocks rallied 20% or more this week, in part driven by what sector analysts called a "Trump-Elon trade." Just this week saw Rocket Lab up 41%, Intuitive Machines up 28%, Spire Global up 26%, Planet Labs up 16%, Redwire up 15% and AST SpaceMobile up 10%.

Why Spire Global, Planet Labs, and AST SpaceMobile Stocks Rocketed Today