Leading Aviation, Maritime Data and Predictive
Analysis Provider Partners With Carahsoft to Support Public Sector
Agencies
Spire Global, Inc., (“Spire” or “the Company”), a leading global
provider of space-based data and analytics, and Carahsoft
Technology Corp. (“Carahsoft”), The Trusted Government IT Solutions
Provider®, today announced a partnership. Carahsoft will serve as
Spire’s Master Government Aggregator® for the Port Solution for
Federal, state and local governments by making Spire’s
industry-leading Automatic Identification System (AIS) maritime
data and Automatic Dependent Surveillance-Broadcast (ADS-B)
aircraft tracking data available to the public sector through
Carahsoft’s NASA Solutions for Enterprise-Wide Procurement (SEWP)
V, Information Technology Enterprise Solutions – Software 2
(ITES-SW2) and OMNIA Partners contracts, as well as Carahsoft’s
reseller partners.
“Spire’s comprehensive maritime and aircraft tracking data aims
to elevate government missions and help agencies make decisions
based on near real-time proprietary data, insights and predictive
analytics with global coverage,” said Ed Fakler, Federal Channels
Director of Spire. “Our strategic partnership with Carahsoft, one
of the most trusted Government IT Solutions Providers, will expand
awareness and access to this data for more Government agencies and
programs and support relationships with new and existing public
sector customers.”
With a large, constantly evolving constellation of
nanosatellites, Spire provides worldwide coverage of maritime and
aviation activity, including in remote areas, seeking to minimize
blind spots and increase safety in navigation. Spire’s
industry-leading data sets give public sector organizations access
to data for logistics decisions and mission success. Spire and
Carahsoft believe that access to these data sets will not only
allow government end users to save money and time through
operational improvements, but also enable them to monitor
suspicious activity across the globe. In addition, Spire’s
flexible, clean and enriched AIS data is formatted to meet each
organization’s unique needs with scalable, predictive maritime
analysis. Similarly, flight tracking and air traffic APIs allow
organizations to quickly integrate and query data using tools that
fit current workflows.
“With the addition of Spire’s space-to-cloud data and analytics
solutions to our portfolio, our joint public sector customers have
access to near real-time global coverage to improve safety and
efficiency and maintain complete global situational awareness to
make data-driven decisions faster,” said Lacey Wean, Manager of
Geospatial Solutions at Carahsoft. “We look forward to working with
the team at Spire along with our reseller partners to expand
Spire’s impact in the public sector and make this crucial
information available to keep agencies informed.”
Spire’s software and services are available through Carahsoft’s
SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract
W52P1J-20-D-0042, OMNIA Partners contract #R191902, and Carahsoft’s
reseller partners. For more information, contact the Spire team at
Carahsoft at (703) 673-3570 or Spire@carahsoft.com.
About Carahsoft
Carahsoft Technology Corp. is The Trusted Government IT
Solutions Provider®, supporting Public Sector organizations across
Federal, State and Local Government agencies and Education and
Healthcare markets. As the Master Government Aggregator® for our
vendor partners, we deliver solutions for Cybersecurity,
MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open
Source, Customer Experience and more. Working with resellers,
systems integrators and consultants, our sales and marketing teams
provide industry leading IT products, services and training through
hundreds of contract vehicles. Visit us at our website for more
information.
About Spire Global, Inc.
Spire is a global provider of space-based data and analytics
that offers unique datasets and powerful insights about Earth from
the ultimate vantage point so organizations can make decisions with
confidence, accuracy, and speed. Spire uses one of the world’s
largest multi-purpose satellite constellations to source hard to
acquire, valuable data and enriches it with predictive solutions.
Spire then provides this data as a subscription to organizations
around the world so they can improve business operations, decrease
their environmental footprint, deploy resources for growth and
competitive advantage, and mitigate risk. Spire gives commercial
and government organizations the competitive advantage they seek to
innovate and solve some of the world’s toughest problems with
insights from space. Spire has offices in San Francisco, CA,
Boulder, CO, Washington DC, Glasgow, Luxembourg, and Singapore. On
March 1, 2021 Spire announced plans to go public through an
anticipated business combination with NavSight Holdings, Inc.
(NYSE: NSH), to be traded on the NYSE under the ticker symbol
“SPIR.”
About NavSight Holdings, Inc.
NavSight Holdings, Inc. is a blank check company formed for the
purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses. NavSight was organized
with the opportunity to pursue a business combination target in any
business or industry, with the intent to focus its search on
identifying a prospective target business that provides expertise
and technology to U.S. government customers in support of their
national security, intelligence and defense missions.
Additional Information and Where to Find It
In connection with the planned business combination with Spire
(the “Proposed Transaction”), NavSight has filed a Form S-4
Registration Statement (the “Registration Statement”) with the SEC,
which includes a preliminary proxy statement to be distributed to
holders of NavSight’s common stock in connection with NavSight’s
solicitation of proxies for the vote by NavSight’s stockholders
with respect to the Proposed Transaction and other matters as
described in the Registration Statement, a prospectus relating to
the offer of the securities to be issued to the Company’s
stockholders in connection with the Proposed Transaction, and an
information statement to Company’s stockholders regarding the
Proposed Transaction. After the Registration Statement is declared
effective, NavSight will mail a definitive proxy
statement/prospectus, when available, to its stockholders.
Investors and security holders and other interested parties are
urged to read the proxy statement/prospectus, any amendments
thereto and any other documents filed with the SEC carefully and in
their entirety because they will contain important information
about NavSight, the Company and the Proposed Transaction. Investors
and security holders may obtain free copies of the preliminary
proxy statement/prospectus and definitive proxy
statement/prospectus (when available) and other documents filed
with the SEC by NavSight through the website maintained by the SEC
at http://www.sec.gov, or by directing a request to: NavSight
Holdings, Inc., 12020 Sunrise Valley Drive, Suite 100, Reston, VA
20191.
Participants in Solicitation
NavSight and the Company and their respective directors and
certain of their respective executive officers and other members of
management and employees may be considered participants in the
solicitation of proxies with respect to the Proposed Transaction.
Information about the directors and executive officers of NavSight
is set forth in its Form 10-K/A and Form 10-Q filed on May 12, 2021
and May 24, 2021, respectively. Additional information regarding
the participants in the proxy solicitation and a description of
their direct and indirect interests, by security holdings or
otherwise, is included in the Registration Statement and other
relevant materials filed with the SEC regarding the Proposed
Transaction. Stockholders, potential investors and other interested
persons should read the Registration Statement carefully before
making any voting or investment decisions. These documents can be
obtained free of charge from the sources indicated above.
No Offer or Solicitation
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the U.S.
Securities Act of 1933, as amended.
Forward-Looking Statements
The information in this press release includes “forward-looking
statements” within the meaning of the federal securities laws with
respect to the Proposed Transaction. Forward-looking statements may
be identified by the use of words such as “estimate,” “plan,”
“project,” “forecast,” “intend,” “will,” “expect,” “anticipate,”
“believe,” “seek,” “target” or other similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
include, but are not limited to, statements regarding expectations
of accelerating Spire’s sales and marketing efforts, expectations
of product development and the applicability of such products to
Spire’s market, the strengthening of Spire’s competitive advantage,
the importance of Spire’s products and capabilities to Spire’s
target markets, the expansion of Spire’s business to new regions
and markets, Spire’s future growth, estimates and forecasts of
financial and performance metrics, expectations of achieving and
maintaining profitability, projections of total addressable
markets, market opportunity and market share, net proceeds from the
Proposed Transactions, potential benefits of the Proposed
Transaction and the potential success of the Company’s market and
growth strategies, and expectations related to the terms and timing
of the Proposed Transaction. These statements are based on various
assumptions and on the current expectations of NavSight’s and the
Company’s management and are not predictions of actual performance.
These forward-looking statements are provided for illustrative
purposes only and are not intended to serve as, and must not be
relied on by any investor as, a guarantee, an assurance, a
prediction or a definitive statement of fact or probability. Actual
events and circumstances are difficult or impossible to predict and
will differ from assumptions. Many actual events and circumstances
are beyond the control of NavSight and the Company. These
forward-looking statements are subject to a number of risks and
uncertainties, including (i) the risk that the Proposed Transaction
may not be completed in a timely manner or at all, which may
adversely affect the price of NavSight's securities; (ii) the risk
that the Proposed Transaction may not be completed by NavSight's
business combination deadline and the potential failure to obtain
an extension of the business combination deadline if sought by
NavSight; (iii) the failure to satisfy the conditions to the
consummation of the Proposed Transaction, including the approval of
the Proposed Transaction by the stockholders of NavSight, the
satisfaction of the minimum trust account amount following any
redemptions by NavSight's public stockholders and the receipt of
certain governmental and regulatory approvals; (iv) the inability
to complete the PIPE investment in connection with the Proposed
Transaction; (v) the failure to realize the anticipated benefits of
the Proposed Transaction; (vi) the effect of the announcement or
pendency of the Proposed Transaction on Spire’s business
relationships, performance, and business generally; (vii) risks
that the Proposed Transaction disrupts current plans of Spire and
potential difficulties in Spire employee retention as a result of
the Proposed Transaction; (viii) the outcome of any legal
proceedings that may be instituted against NavSight or Spire
related to the business combination agreement or the Proposed
Transaction; (ix) the ability to maintain the listing of NavSight’s
securities on the New York Stock Exchange; (x) the ability to
address the market opportunity for Space-as-a-Service; (xi) the
risk that the Proposed Transaction may not generate expected net
proceeds to the combined company; (xii) the ability to implement
business plans, forecasts, and other expectations after the
completion of the Proposed Transaction, and identify and realize
additional opportunities; (xiii) the occurrence of any event,
change or other circumstance that could give rise to the
termination of the business combination agreement; (xiv) the risk
of downturns, new entrants and a changing regulatory landscape in
the highly competitive space data analytics industry; and those
factors discussed in NavSight’s Form S-4/A filed on June 25, 2021
under the heading “Risk Factors,” and other documents of NavSight
filed, or to be filed, with the SEC. If any of these risks
materialize or the Company’s assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. There may be additional risks that
neither NavSight nor the Company presently know or that NavSight
and the Company currently believe are immaterial that could also
cause actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect NavSight’s and the Company’s expectations, plans or
forecasts of future events and views as of the date of this press
release. NavSight and the Company anticipate that subsequent events
and developments will cause NavSight’s and the Company’s
assessments to change. However, while NavSight and the Company may
elect to update these forward-looking statements at some point in
the future, NavSight and the Company specifically disclaim any
obligation to do so. These forward-looking statements should not be
relied upon as representing NavSight’s and the Company’s
assessments as of any date subsequent to the date of this press
release. Accordingly, undue reliance should not be placed upon the
forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210708005181/en/
For Spire Global, Inc.:
Hillary Yaffe hillary.yaffe@spire.com
For Carahsoft:
Mary Lange 703-230-7434 pr@carahsoft.com
For NavSight Holdings, Inc.:
Jack Pearlstein jack@navsight.com
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