“We listen to the three-quarters of the Earth that is remote or covered by water. Our customers make global business decisions and require detailed data in regions that have been critically underserved. Spire’s offering of high frequency, high accuracy data resonated with them, particularly in the areas of global trade, weather, shipping and supply chain, illegal fishing, and maritime domain awareness. Modern remote sensing traditionally focuses on the small fraction of Earth that is covered in land and is densely populated with people,” says
Spire will use its new funding to keep pace with customer demand, extend its satellite network and data infrastructure, and expand its team. The company has raised a total of
Initially incubated by hardware accelerator,
"Spire has seized on an incredible market opportunity. Its small form factor satellites give it substantially better operating leverage and the potential to disrupt legacy platforms. The caliber of the team, combined with the level of traction with customers, is well above what we normally see in a Series A company. Spire’s expansion into
To date, Spire has deployed four of its small form factor satellites into space. The satellites leverage relatively inexpensive, off-the-shelf technologies where possible, rather than expensive, proprietary, single-use technologies traditionally associated with space. This alternative approach to innovation versus invention is central to Spire’s culture where employees are regularly encouraged to apply proven technologies in smart ways to create new results.
“We have an exceptionally talented team, and part of my role is to push our team to think critically and creatively — the ‘way it has always been done’ is not a good answer unless we can measure that it’s still the most efficient process. Each of us is constantly learning and pushing ourselves as we try to exceed our own expectations with every satellite launch,” says
With present demand, Spire will scale to more than 50 satellites in the near future.
Spire is a satellite-powered data company that tackles the world’s most unpredictable business challenges with truly global data solutions. By providing unique data from any point on Earth, every hour, Spire offers a competitive advantage for organizations that require insight into areas such as global trade, weather, shipping and supply chain, illegal fishing, and maritime domain awareness. To learn more, visit: www.spire.com.
Spire is looking for exceptional people to join its fast-growing team. Challenge yourself, apply today! http://spire.com/careers/