Spire keeps forecast of 100% growth in 2022; first two optical-link satellites launched; NorthStar customer testimonial

by Peter B. de Selding

PARIS — Small satellite multi-payload constellation operator Spire Global maintained a forecast that it will double revenue this year compared to 2021 and said it’s weighing options for new funding but will not need it for another year.

Spire reported $91.6 million in cash as of March 31, down $18 million from Dec. 31. The company said it expects to become cash-flow positive in 22-28 months.

Chief Financial Officer Tom Krywe said one option, when the time comes,  could be to expand or . . .

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