Andrew Steinhardt

Andrew Steinhardt asked for details on which of the 19 work areas Spire Global was selected for under the MDA Shield program and the selection process. He also sought quantification of Spire's potential share of the $151 billion contracting vehicle and an update on the SEC subpoena.

Answer

CEO Theresa Condor stated she did not have specific details on the MDA Shield work areas but expressed confidence in Spire's role as a key partner, citing the Boulder manufacturing facility and cybersecurity investments. She was not prepared to quantify Spire's portion of the $151 billion vehicle. CFO Alison Engel added that there was no new information to share regarding the SEC subpoena, as the company is continuing to work through the process.

Andrew Steinhardt inquired about Spire Global's specific work areas within the U.S. government Missile Defense Agency's (MDA) $151 billion Uncertain contract and asked for details on the selection process. He also sought quantification of Spire's potential share of this contracting vehicle and an update on the SEC subpoena.

Answer

CEO Theresa Condor stated that she did not have the deep details on the specific work areas for the MDA contract, deferring to the federal team, and was not prepared to quantify Spire's potential share, emphasizing the company's role as a key partner. CFO Alison Engel added that there was nothing significant to share regarding the SEC subpoena, as the company continues to work through the process.

Andrew Steinhardt asked for a timeline on securing an HB4 distribution partner and whether commodity prices or interest rates are bigger recovery drivers.

Answer

CEO Federico Trucco declined to give a specific date for an HB4 partner announcement but noted good traction. He identified the potential removal of Argentina's soybean export tax as a more significant recovery driver than commodity prices or interest rates, calling it a realistic possibility that could unlock substantial value for farmers.