Such a high value is outsized compared to the company’s current annual revenue, which is about $36 million, said [NSR]. “Spire has broken down barriers in many instances, with respect to getting some customers signed up to their service,” [they] said. “But signing up additional customers, especially in new industries, could prove more challenging than.
In the article “Space companies use Earth-imaging satellites to combat climate change”, “The market eagerly awaits larger volumes of data and more services,” NSR said. “New technology, such as artificial intelligence and machine learning, will make Earth observation service even better and more accurate.”
In regards to adaptable satellites, “whether hardware updates for satellites materialize, speedy, frequent software updates are a goal for the industry.. “All manufacturers are going that way now, toward more versatile, software-designed satellites — Airbus, Lockheed Martin, many others,”