Spire Global went public via a merger with NavSight Holdings in a $1.6bn deal.

Spire Global, a global provider of space-based data and analytics, went public via a merger with NavSight Holdings, a SPAC, in a $1.6bn deal. The transaction included a $245m common stock PIPE, anchored by Tiger Global Management, BlackRock, Hedosophia, the family office of Barry Sternlicht and Bloom Tree Partners. "Peter and the outstanding Spire leadership team have deep domain expertise. They have built a company that delivers exceptional value to their global commercial and government customers. Spire is leading the way with its modern SaaS-based approach to meet the significant, growing demand for space-based data. We look forward to working together to build long-term value for Spire stockholders," Bob Coleman, NavSight Chairman and CEO.