Spire Global Secures Multi-Million Dollar Deal with Financial Firm for Weather Forecasts [Yahoo! Finance]
Spire Global, Inc. Class A (SPIR)
US:NASDAQ Investor Relations:
spireenergy.com/investors
Company Research
Source: Yahoo! Finance
VIENNA, Va., April 29, 2024 BUSINESS WIRE Spire Global, Inc. (NYSE: SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, has entered into a multi-million-dollar deal with a financial firm. The Company will provide its High-Resolution Weather Forecast model , which offers a six-day outlook powered by proprietary data collected from space, and develop an AI-powered model for long-range forecasting. Through this deal, Spire will build off of its recent collaboration with NVIDIA to leverage Earth-2, NVIDIA's platform for weather and climate change modeling, to train and run AI weather models. These models are projected to increase the accuracy of weather forecasts and produce long-range probabilistic forecasts at unprecedented speeds. "Having spent my career in the field of weather, I'm amazed at the rapid pace by which we're seeing AI transform weather forecasting, especially when paired with proprietary data that can only be collect
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SPIR
News
- Spire Global, Inc. (NYSE: SPIR) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $24.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Spire Global, Inc. (NYSE: SPIR) had its price target lowered by analysts at Robert W. Baird from $20.00 to $15.00. They now have an "outperform" rating on the stock.MarketBeat
- Spire Global, Inc. (NYSE: SPIR) had its price target lowered by analysts at Stifel Nicolaus from $24.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Spire Global Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Spire Global Announces First Quarter 2024 ResultsBusiness Wire
SPIR
Earnings
- 5/15/24 - Miss
SPIR
Sec Filings
- 5/15/24 - Form 10-Q
- 5/15/24 - Form 8-K
- 4/26/24 - Form EFFECT
- SPIR's page on the SEC website