Spire Global Acquires exactEarth Ltd.

November 30, 2021

Spire Global, Inc. (NYSE: SPIR) completed its acquisition of exactEarth Ltd. (TSX: XCT) via a plan of arrangement, acquiring all outstanding shares in a cash-and-stock deal. The acquisition adds approximately $18m ARR, 150+ customers, and exactEarth's historical AIS database and real-time maritime data capabilities to Spire's space-based data and analytics portfolio.

Buyers
Spire Global, Inc.
Targets
exactEarth Ltd.
Sellers
exactEarth shareholders
Industry
Data & Analytics
Location
Ontario, Canada
Transaction Type
Buyout

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