Spire Global will be launching six LEMUR satellites aboard the SpaceX Transporter-12 mission, advancing IoT connectivity, weather forecasting, and maritime monitoring.
Two LEMUR 3 satellites, developed in collaboration with Myriota, will expand global IoT coverage with cutting-edge direct-to-orbit communications, enabling Myriota’s IoT solutions to operate seamlessly and more effectively.
This network will enhance connectivity for critical sectors such as agriculture, defense, and logistics across regions like the US, Europe, and Latin America, promoting sustainability and efficient resource management.
Additionally, three satellites equipped with advanced atmospheric sensors and AIS systems will elevate Spire’s weather forecasting and maritime traffic monitoring, providing essential data for aviation and reconnaissance. These innovations underscore the transformative role of space technology in addressing global challenges, from resource management to environmental conservation.
Spire Global appoints new CEO and industry vets for executive team
Spire Global (NYSE: SPIR) has also recently announced that Theresa Condor, who currently serves as Chief Operating Officer and a board member, has been appointed as the new Chief Executive Officer of the company. Condor assumed the role on January 1, 2025, and Founder and CEO Peter Platzer will become Executive Chairman as part of a planned leadership transition.
After 12 years at the helm of the Company, Platzer’s tenure as CEO was marked with several milestones that he set out to achieve before transitioning into the Executive Chairman role, including rapidly scaling the Company from $10 million to more than $100 million in revenue and taking it public. He also oversaw the Company’s recent agreement to sell its maritime business for approximately $241 million, which Spire intends to use to retire all outstanding debt and invest in near-term growth opportunities.
As Executive Chairman, Platzer will guide Spire’s vision and lead the Board of Directors, as well as focus on securing major opportunities to drive the Company’s growth strategy. He will remain involved in select investor engagements and speak at events about the burgeoning commercial space opportunity.
Condor, who was part of the Company’s founding team, has led the expansion of Spire’s solution offerings and business lines, growing the Company’s customer base to more than 745 customers across 65 countries. As CEO, she intends to lead Spire into its next phase of growth with a focus on streamlining operations and strong execution at scale.
“Peter has an incredible vision for how satellite technology and space can improve our lives here on Earth, and that vision has guided the growth of Spire since the company was founded,” said Will Porteous, Spire Board Member. “Theresa has been instrumental in turning that vision into reality. She has a deep understanding of Spire’s customers, the business, and its operations that will be transformational for the company as it enters this next phase of growth as an increasingly profitable company.”
The Company has also appointed two aerospace industry veterans to join its executive bench. Celia Pelaz, a former Airbus executive, will serve as Chief Operating Officer, assuming responsibility for the Company’s revenue and operations. And Gabriel Oehme will serve as Chief Transformation Officer following spent 22 years at Airbus in roles including operations, business development, procurement and sales. Pelaz and Oehme assumed their positions on January 6, 2025.
“Celia and Gabriel bring invaluable institutional knowledge of the aerospace industry and a wealth of expertise in operations, having effectively managed businesses centered on manufacturing and engineering,” said Condor. “With our recent agreement to sell our maritime business, we are at a transformational point as we seek to become a debt-free company with proven space infrastructure and technology. We are in a strong position to capitalize on significant near-term opportunities that generate long-term value. Celia and Gabriel’s experience will be integral in helping us seize these opportunities through focused execution and operational excellence at scale.”
Leo Basola has informed the Company that he will step down from his role as Chief Financial Officer once the Company completes its previously disclosed review of certain accounting practices and the related restatement of prior period financial statements. Thomas Krywe, Spire’s former CFO, will assume an interim role while the Company searches for Basola’s replacement. Krywe has worked as a consultant for the Company since August 2024 and was instrumental in signing the agreement to sell Spire’s maritime business.
