Business Space

Spire makes its first purchase as a public corporation by acquiring exactEarth

Spire Global, a recently listed satellite constellation operator, is buying exactEarth, a Canadian ship-tracking company, in its first big acquisition, raising anticipation of greater space consolidation amid the wave of public corporations. Based in Vienna, Virginia, which has 110 Lemur satellites in the low Earth orbit and offers analysis and data-gathering services in marine and other industries,