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November 10 , 2021 Aspire Spire Global Announces Third Quarter 2021 Results Company Reaffirms Revenue , ARR Guidance for 2021 VIENNA , Va .-- ( BUSINESS WIRE ) -- Spire Global , Inc. ( NYSE : SPIR ) ( " Spire " or " the Company " ) a leading provider of space - based data , analytics and space services , today announced results for its quarter ended September 30 , 2021 . " Spire performed well during the quarter , as we continued to make solid progress on our fiscal 2021 plan and a number of our strategic initiatives , ” said Peter Platzer , Spire's CEO . " We reached a new record for the number of ARR customers under contract , we signed several new and significant Weather contracts , and we further advanced our technology with the launch of two new optical ISL satellites that will enhance our offering . Additionally , we signed a definitive agreement to acquire exactEarth , a leader in maritime data with a team that has deep domain expertise . We expect the transaction would bring quite meaningful ARR as well as 150 new customers to whom we can offer additional Spire products and services . " " We continue to deliver solid growth in revenue , ARR and ARR Solutions Customers by relentlessly executing on our four growth pillars . Our technology leadership delivers innovative solutions that position us well for continued capture of market share , " said Thomas Krywe , Spire's CFO . Today , Spire already serves over 200 ARR customers with its fully deployed constellation of low earth multi - use receiver ( LEMUR ) nanosatellites and 31 ground stations positioned around the globe , processing , and shipping to customers terabytes of data , every single day . Third Quarter 2021 Highlights Financial : • Revenue was $ 9.6 million during the three months ended September 30 , 2021 , an increase of 33 % from the three months ended September 30 , 2020 • ARR grew 51 % year - over - year to $ 45.2 million • Spire had 225 ARR Solution Customers under contract , a 69 % increase year - over - year Business : • Spire completed the merger with NavSight Holdings on August 16 , 2021 and received $ 237 million in net proceeds . Spire signed a definitive agreement to acquire exactEarth , a leading provider of global maritime data . With this acquisition , Spire would strengthen its leadership in the Maritime data and analytics segment , adding up to 150 new customers and meaningful