Non-GAAP loss per share between negative $0.14 and $0.11 based on basic weighted average shares of approximately 133.7 million Non-GAAP operating loss between $15.9 million and $11.8 millionĮBITDA between negative $15.4 million and negative $12.4 millionĪdjusted EBITDA between negative $13.3 million and $10.3 million Non-GAAP gross profit between $6.8 million and $8.8 million Revenue between $11.6 million and $13.6 million Spire is providing guidance for its fiscal fourth quarter ending December 31, 2021, as follows: Spire’s constellation increased its data production by around 66% for Weather Data, producing over 20,000 RO profiles per day, more than all other major satellites of the world combined. Optical Intersatellite Links are a cutting-edge technology, creating a mesh-like network of satellites, delivering lower latency and more secure data to customers. We successfully completed the first stage of our testing program and look forward to rolling out the technology in 20. Spire launched two LEMUR nanosatellites with new optical ISL (inter-satellite links) capabilities. This data improves our customers’ weather prediction products that serve almost a billion people in countries that represent nearly half of the world’s GDP.Īchieved ARR growth across each of Spire’s four solutions – Maritime, Aviation, Weather and Space Services – with the highest growth coming from Weather and Space Services. Signed a number of significant new contracts for its Weather solution, including with EUMETSAT (European Organization for the Exploitation of Meteorological Satellites) and NOAA (National Oceanic and Atmospheric Administration). With this acquisition, Spire would strengthen its leadership in the Maritime data and analytics segment, adding up to 150 new customers and meaningful ARR. Spire signed a definitive agreement to acquire exactEarth, a leading provider of global maritime data. Spire completed the merger with NavSight Holdings on Augand received $237 million in net proceeds.
Spire had 225 ARR Solution Customers under contract, a 69% increase year-over-year Revenue was $9.6 million during the three months ended September 30, 2021, an increase of 33% from the three months ended September 30, 2020ĪRR grew 51% year-over-year to $45.2 million Today, Spire already serves over 200 ARR customers with its fully deployed constellation of low earth multi-use receiver (LEMUR) nanosatellites and 31 ground stations positioned around the globe, processing, and shipping to customers terabytes of data, every single day. Our technology leadership delivers innovative solutions that position us well for continued capture of market share,” said Thomas Krywe, Spire’s CFO. “We continue to deliver solid growth in revenue, ARR and ARR Solutions Customers by relentlessly executing on our four growth pillars. We expect the transaction would bring quite meaningful ARR as well as 150 new customers to whom we can offer additional Spire products and services.” Additionally, we signed a definitive agreement to acquire exactEarth, a leader in maritime data with a team that has deep domain expertise.
“We reached a new record for the number of ARR customers under contract, we signed several new and significant Weather contracts, and we further advanced our technology with the launch of two new optical ISL satellites that will enhance our offering. “Spire performed well during the quarter, as we continued to make solid progress on our fiscal 2021 plan and a number of our strategic initiatives,” said Peter Platzer, Spire’s CEO. (NYSE: SPIR) (“Spire” or “the Company”) a leading provider of space-based data, analytics and space services, today announced results for its quarter ended September 30, 2021. VIENNA, Va.-( BUSINESS WIRE)- Spire Global, Inc.