Spire Global Partners with Amadeus IT Group for Flight Monitoring Data
Spire Global has been selected by Amadeus IT Group, a global travel technology provider supporting airlines, airports, and travel companies worldwide, to provide a ground and space-based Automatic Dependent Surveillance-Broadcast data fusion for integration into the Amadeus Virtual Airport Operations Center, or vAPOC. Amadeus vAPOC provides airport operators, airlines, and ground handlers with a unified operational view across airside and landside systems, in which global coverage of ADS-B flight tracking data is key. The integration of Spire's aviation intelligence and data, which uses a combination of ground and satellite receivers for enhanced coverage, ensures the vAPOC can provide continuous aircraft visibility, on ground for airport operations. Amadeus is developing additional AI-driven capabilities within vAPOC, including scenario planning tools and predictive analytics to support operational forecasting.
Trade with 70% Backtested Accuracy
Analyst Views on SPIR
About SPIR
About the author

- Strategic Partnership: Schaeffler has signed a memorandum of understanding with U.S.-based satellite operator Spire Global to jointly develop space hardware and satellite platforms for European defense, weather, and security applications, highlighting the potential for collaboration in emerging markets.
- Market Objective: The companies aim to establish a sovereign European space hardware and mission business before the end of this decade, which is intended to enhance Europe's competitiveness in the global space industry and meet the growing demand for security and data.
- Production Capacity: Spire Global has the capacity to produce between 300 and 400 satellites annually across its facilities in the U.S. and Europe, providing robust support for the partnership and ensuring a rapid response to market needs.
- Growth Strategy: Schaeffler identifies space and defense as key growth drivers in its 2035 strategy, with CEO Klaus Rosenfeld stating that as a motion technology company, Schaeffler is ideally positioned to enter the new space sector.
- Strong Financial Performance: Spire Global reported GAAP revenue of $15.8 million for Q1, exceeding expectations, with core revenue growing 13% year-over-year, indicating robust demand for meteorological data purchases that is expected to drive future revenue growth.
- Growth Guidance Maintained: Management reaffirmed full-year revenue guidance of $75 million to $85 million, despite projected adjusted EBITDA losses of $26 million to $20.7 million, highlighting the company's ongoing challenges in achieving profitability while expanding market share.
- Satellite Launch Progress: The company has successfully launched over 240 satellites and deployed 19 satellites in Q1, enhancing its competitive position in the global market while providing stronger support for future customer demands.
- Improved Cash Flow Position: As of the end of Q1, Spire had approximately $50 million in cash and marketable securities, and the recent private placement added $65.5 million in net proceeds, providing ample funding for ongoing operations and expansion.
- Earnings Report: Spire's Q1 GAAP EPS of -$0.78 missed expectations by $0.09, indicating challenges in profitability, while revenue of $15.83M, down 33.8% year-over-year, exceeded market expectations by $0.75M.
- 2026 Outlook: The company forecasts FY'26 revenue between $75M and $85M, with maritime revenue steady at $3.7M, and non-maritime revenue expected to grow year-over-year by 41% to 61%, indicating potential for future growth.
- Operating Loss: Non-GAAP operating losses are projected between $(37.8)M and $(32.6)M, with adjusted EBITDA expected to range from $(26.0)M to $(20.7)M, reflecting pressure on cost control and profitability improvement efforts.
- Stock Reaction: Following the earnings report, Spire's stock fell 8.11% in after-hours trading, suggesting a negative investor reaction to the results, which could impact future financing and market confidence.
- Earnings Announcement Date: Spire (SPIR) is set to release its Q1 2023 earnings on May 13 after market close, with a consensus EPS estimate of -$0.40, reflecting a significant 48.1% year-over-year decline, which may dampen investor sentiment.
- Revenue Decline Forecast: The anticipated revenue of $15.08 million represents a 36.9% year-over-year drop, indicating challenges the company faces in the current economic climate, potentially impacting its liquidity and investment capabilities.
- Historical Performance Review: Over the past two years, Spire has only beaten EPS estimates 25% of the time and revenue estimates 50% of the time, highlighting performance volatility that may lead to cautious market sentiment regarding its future outlook.
- Estimate Revision Trends: In the last three months, EPS estimates have seen one upward and one downward revision, while revenue estimates have experienced no upward revisions and four downward adjustments, suggesting a generally pessimistic outlook from analysts on the company's future performance.
- Goldman Sachs Bullish on Aevex: Goldman Sachs initiates coverage of Aevex (AVEX) with a Buy rating and a $34 price target, based on a 5.4X CY27 EV/Sales, indicating confidence in the company's unique position in the drone market and its growth potential.
- Citi Raises Broadcom Target: Citi raises Broadcom's price target from $475 to $500, applying a 20x multiple to FY28 EPS of $25, reflecting optimism about the company's earnings visibility and maintaining its status as the #1 semiconductor pick for 2026.
- JPMorgan Upgrades Braskem: JPMorgan upgrades Braskem to Overweight from Neutral, citing improved market fundamentals, tighter supply, and strengthened governance post-restructuring, which are expected to enhance profit margins in the chemical sector.
- Evercore Initiates Benitec Coverage: Evercore initiates coverage of Benitec Biopharma with an Overweight rating, highlighting significant upside potential in the rare disease market, suggesting promising investment opportunities ahead.
- Contract Termination Impact: Spire Global has had a $52.7 million contract terminated by the Canadian Public Works and Government Services ministry, which was intended for designing 10 CubeSats for wildfire monitoring, representing about nine months of revenue for Spire and directly impacting its path to profitability.
- Revenue Forecast Downgrade: According to S&P Global, Spire's total revenue for 2025 is projected to be only $71.6 million, and losing this contract will delay its profitability target by nearly a year, leading analysts to no longer predict profitability for the company in the coming years.
- Market Reaction: Following the contract termination news, Spire's stock price fell by 1.96%, currently priced at $18.18 with a market cap of $610 million, reflecting market concerns about its future prospects, especially after losing a significant contract.
- Uncertain Future Outlook: Although Spire claims the contract is











