The maritime industry is growing rapidly, and multiple subsectors are burgeoning with startups that build applications to solve niche challenges. Data is a real-time snapshot *Data is delayed at least 15 minutes. "What this funding allows us to do is to keep on pushing the boundary of the accuracy of extreme weather forecasting, for example," Platzer said. We want to hear from you. Spire has been able to steadily increase how much data each of its satellites produces, with CEO Peter Platzer telling CNBC that this funding is "really about growing the data and growing the data analytics.". Spire announced Wednesday it raised $40 million in a new round of funding from a host of investors: Japanese conglomerates Itochu and Mitsui, the Scottish Investment Bank, the New York-based Global Public Offering (GPO) fund, as well as venture capital funds Bessemer Ventures, RRE Capital, Expon Capital, Seraphim Capital and Qualcomm Ventures. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.

We’re now seeing more and more Maritime vendors providing data specific solutions to customers.
That means Spire can deploy custom sensors to orbit faster than anyone else in the industry. Spire General Information Description. This also brings a public offering into view for Spire, with Platzer saying the company has now outlined goals and a timeline for an IPO.

Spire's revenue is the ranked 3rd among it's top 10 competitors. We are using the same innovative philosophies to revolutionize the maritime division that we used to establish Spire Global as a leading global data and analytics company. Spire upgrades the satellite hardware with each iteration and performs continuous software updates with a major hardware upgrade every 2-3 years. Be a Star in ESA’s Universe 2020: Launch your career in Space! Global coverage.

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