LA PLATA, Maryland — Multi-sensor satellite constellation operator Spire Global expects to report break-even or positive operating cash flow and adjusted EBITDA by late 2026 as it books revenue from already-booked contracts that were put on hold with the US government shutdown earlier this year.
The company, which has long cited the advantages of having operations in multiple nations, said it is taking full advantage of Europe’s move toward more reliance on commercial providers for certain datasets, and the new European focus on military spending.
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