| Strengths – Existing infrastructure (LEO(Low Earth Orbit) Satellite Constellation – Pending payments of contracts(RPOs):$250 million – Reccuring revenue from Data as a Service (DaaS) contracts – Strategic focus on defense and ai-weatherdata (lukrative fields for growing) | Weaknesses – Not profitable / huge expenses – Stock dilution – Had to sell their maritime business (to gain liquidity and cover the debts, now $100 million in cash) – Had problems selling the maritime business (sign of low demand) |
| Opportunities – Growing market – secure government contracts (ESA and NOAA) – R&D: $31 million annually (development of new sensors and softwares) | Threats – Highly competitive market (fight for the limited contracts) – vulnerable / volatile time (restructuring of their strategy) – declining revenue due to focusing on fields with better margin |
In my opinion Spire Global and with that the stock has a huge potential. But as the market is so competitive there is a certain risk to it.
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