The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Austin Moeller - Canaccord Genuity - Analyst
: Thanks so much for the overview, Theresa. So I guess I'll just start with, can you discuss your stewardship in initially leading the space services
business and the importance to customers of that custom bespoke small sat manufacturing for their prospective constellations, and how the
constellation size builds over time?
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AUGUST 10, 2023 / 3:00PM, SPIR.N - Spire Global Inc at Canaccord Genuity Growth Conference
Question: Austin Moeller - Canaccord Genuity - Analyst
: Yeah, definitely very well put. If you could, could you expand on Spire's somewhat recent entrance into the attractive new radio frequency signals
intelligence, or SIGINT, market, geolocation of RF signals using the existing Lemur fleet's instruments?
Question: Austin Moeller - Canaccord Genuity - Analyst
: Yeah, excellent. Very exciting new application for the radio equipment on all of the Lemur satellites. Can we discuss the core weather business and
the historical data sets around weather, sea ice thickness, and related data that is collected and customers can access through Spire's API? How
have clients like NASA and NOAA and the Air Force used this data to revise their weather forecasting and climate models?
Question: Austin Moeller - Canaccord Genuity - Analyst
: And I think for the investors in the audience, could you confirm to everyone that Spire is the only space-based remote sensing company that is
collecting real-time weather data from every single point on the Earth 24 hours a day?
Question: Austin Moeller - Canaccord Genuity - Analyst
: Excellent. Can you discuss NOAA and NASA's commercial weather data buy contracts with Spire and the potential to organically grow the share
of wallet there over time for more and more RO profiles and a greater volume of data collection within their existing budgets?
Question: Austin Moeller - Canaccord Genuity - Analyst
: Excellent. And so I'd like to talk a little bit about the barriers to entry in the satellite operator industry. Peter was going out, the CEO, over a decade
ago to Silicon Valley's VCs and trying to convince them that a satellite constellation for this needed to be built and there was a business model
there.
Can you talk about what I call your competitive asteroid belt of how difficult it is to actually build out and fully deploy a satellite constellation in
LEO and then have that in the replenishment phase from a CapEx perspective, from an operational perspective, just overall?
Question: Austin Moeller - Canaccord Genuity - Analyst
: Excellent. Are there any questions from the audience that anyone wanted to ask? Is the mic over there?
Unidentified Participant
I can talk.
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AUGUST 10, 2023 / 3:00PM, SPIR.N - Spire Global Inc at Canaccord Genuity Growth Conference
Question: Austin Moeller - Canaccord Genuity - Analyst
: Excellent. Well, I think we've come up against the end of our time. But thank you so much, Theresa, for your time and for your insights into the
industry. And I hope everyone enjoyed the presentation from Spire Global.
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