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The company founded by an Austrian collects data in space and sells it to governments and corporations.
The satellite company Spire Global, founded and managed by the Lower Austrian investment banker Peter Platzer in San Francisco in 2012, is going public in New York.
The company collects data in space and sells it to governments and corporations. The transaction should be completed in the summer of 2021, as the company reported on Monday on its website and the “Börsianer” reported on Tuesday.
Spire Global is joining forces with Navsight, a so-called shell company (Special Purpose Acquisition Company, SPAC), for the IPO.
More than 100 Spire satellites are currently orbiting in space. The merged company is valued at $ 1.6 billion.
