Tuesday, September 22, 2026
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The Chain Gazette · ResearchIndustrialsNEW YORK STOCK EXCHANGE, INC.Full writeup
$12.02+0.50%as of 10:45 AM ET

SPIRSpire Global, Inc.

Multi-purpose satellite constellation operator; operates 100+ LEO nanosatellites collecting maritime AIS, aviation ADS-B, and weather/GNSS-RO data sold as space-as-a-service to government and commercial customers.

Coiled

0

52w range compression, breakout-adjusted

Watched

0

7-day news volume + tape quietness

Sound

0

Margins, growth, FCF composite

Critical

83

Supply-chain concentration × demand

Pressure

25

Pricing Power

37.7%

Flat

Numbers on the wire.

Market cap

$486M

P/E (TTM)

9.47

P/S (TTM)

7.79

EV / EBITDA

Gross margin

37.74%

Op margin

-142.09%

Net margin

-145.22%

FCF margin

Rev growth YoY

-33.13%

EPS growth YoY

ROE

-75.24%

ROA

-42.89%

Debt / Equity

0.00

Current ratio

1.87

Price / Book

5.18

Beta

3.20

Spire's multi-payload nanosat constellation is a rare diversified space data play: one satellite carries AIS (ship tracking), ADS-B (aircraft tracking), and GNSS-RO (weather data) receivers. Government weather data contracts (NOAA, ESA) provide recurring revenue. Maritime and aviation analytics add commercial upside. Risk: commoditizing data markets, competition from Planet, Satellogic, and other LEO operators; small revenue base (~$100M ARR) with ongoing cash burn.

From the EDGAR wire.