Satellite company Spire Global plans to expand with new funds

Space Daily

Published

Orlando Fl (UPI) Mar 09, 2021

A San Francisco company with about 100 satellites in orbit for weather and transportation monitoring has plans to expand after listing its stock for public trading this summer. Spire Global is confident it can use its existing satellites to produce much more data and attract new customers with $475 million in cash it expects to raise by going public, CEO Peter Platzer said in an interview

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