Spire doesn’t want to shed its hardware-building heritage, but does want to monetize it

by Peter B. de Selding

LOGAN, Utah — As satellite fleet operator Spire Global has grown its business and diversified its portfolio into three separate data-service businesses, it might be expected the company would divest itself of its hardware-manufacturing side. Instead, Spire wants to keep it in-house, but monetize the capacity by offering it to other companies.

Instead of focusing exclusively on the higher-margin services business, Spire is trying to create a separate business that lets other companies use Spire’s infrastructure instead of building their own.

Jeroen Cappaert, Spire’s . . .

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