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The Eyes — Earth Observation & Geospatial Intelligence · The Orbital Stack — Space

SPIR

Spire Global
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Radio occultation weather data + RF geolocation + ADS-B

What they do

Q1 2026 revenue $15.8M (-34% YoY but +13% ex-maritime), gross margin 40%. NOAA radio-occultation contract expanded . RFGL pipeline strengthened with US/European customers (including NRO). Recent $65.5M private placement strengthened cash to ~$115M pro forma. A Canadian wildfire-monitoring contract worth up to C$71.8M was terminated post-quarter.