Core Insights - Spire Global, Inc. has been selected by AiDASH to provide advanced weather intelligence and data [1] - The collaboration aims to enhance AiDASH's integrated solution for securing the modern electric grid from vegetation and weather-driven risks [1] Company Overview - Spire Global, Inc. is a global provider of satellite data, analytics, and intelligence [1] - AiDASH is recognized as a leading provider of vegetation, storm, and ignition risk intelligence, along with SatelliteFirst™ grid monitoring solutions [1]

Group 1 - Spire Global, Inc. has been awarded a contract for the Missile Defense Agency's SHIELD program with a ceiling of $151 billion, allowing for rapid delivery of innovative capabilities to the warfighter [1] - The company’s fully deployed satellite constellation and expanding multi-band RF capabilities provide timely, actionable intelligence for defense missions, enhancing situational awareness for U.S. and allied partners [2] - Spire's Space Reconnaissance capabilities include persistent monitoring, real-time geolocation, GNSS interference detection, emergency beacon identification, and emitter tracking, all processed through secure, cloud-based infrastructure [2] Group 2 - Spire Global operates a satellite constellation that delivers global weather intelligence, ship and plane movements, and spoofing detection, which are crucial for predicting impacts on economies and global security [3] - The company offers Space as a Service solutions, enabling customers to leverage its infrastructure for their own space-related business needs [3] - Spire has a global presence with offices in the U.S., Canada, UK, Luxembourg, and Germany, emphasizing its commitment to providing satellite data and analytics [3]

Financial Performance - For the third quarter of 2025, Spire Global reported revenue of $12.7 million, a year-over-year decrease primarily due to the sale of its maritime business, which generated approximately $43.5 million in revenue in 2024 [2][5] - The operating loss for the third quarter was $21.1 million, with a non-GAAP operating loss of $13.9 million. The net loss for the quarter was $19.7 million, and adjusted EBITDA was negative $11.8 million, reflecting a decline in both metrics year-over-year [5][6] - Cash flow used in operations for the quarter was $12.0 million, with cash, cash equivalents, and marketable securities totaling $96.8 million as of September 30, 2025. The company maintains a debt-free balance sheet [5][6] Business Developments - Spire was awarded a $11.2 million contract from NOAA for GNSS radio occultation data, which will be integrated into weather models by NOAA, NASA, and the U.S. military [5] - The company has been selected by Deloitte to build eight additional satellites, enhancing its capabilities in on-orbit cyber and data operations [5] - Spire also secured a $2.5 million contract from NOAA for satellite weather data as part of a pilot study to improve ocean surface wind measurements [5] Future Outlook - Spire anticipates over 30% revenue growth in 2026 for the business remaining after the maritime divestiture. The company aims to achieve adjusted EBITDA and operating cash flow break-even by Q4 2026 [6][5] - The company is currently finalizing its 2026 budget, aligning its cost base with revenue expectations following the maritime business sale [6]