Spire Global’s maritime business sale strengthens its balance sheet. Read why SPIR stock offers value amidst market optimism.
Spire Global (NYSE:SPIR) +27.1% pre-market Wednesday after saying it agreed to sell its maritime business to Kpler for $241M, ...
Read about Spire's plan to sell its maritime business to Kpler and how the transaction will benefit both companies.
Satellite operator Spire Global is selling its commercial ship-tracking business to an analytics provider to invest in other data markets and its hosted payload services.
Integrating Spire Maritime's technology and AIS feed will expand Kpler's data reach, ensuring full visibility across the open ...
Executives at Kpler described the move as a boost to its existing data network. Kpler chief executive Mark Cunningham said: ...
Credit: Spire Global Spire Global says it has agreed to sell its maritime business to Kpler for around $241 million to retire ...
Spire Global ( (SPIR) ) just unveiled an update. Spire Global, Inc. has agreed to sell its maritime business to Kpler Holding SA for around ...
Kpler, a leading data and analytics platform for trade intelligence, today announced its acquisition of Spire Maritime, a prominent provider of ...
Baird analyst Jeffrey Meuler maintained Spire Global with a Neutral and raised the price target from $9 to $16. Craig-Hallum ...
Spire plans to use the sale proceeds to fully pay off its outstanding debt and invest in growth opportunities.