Kaila Penry's questions to Spire Global Inc (SPIR) leadership • Q1 2024
Question
Kaila Penry asked for more details on the NVIDIA partnership and its near-term economic benefit, inquired about traction with government customers for the Space Services division, and questioned if Spire is considering vertically integrating propulsion systems.
Answer
CEO Peter Platzer described the NVIDIA partnership as a symbiotic relationship where Spire provides data to help NVIDIA sell GPUs, while Spire gains access to GPU infrastructure to train its AI models. CFO Leo Basola noted significant government interest in Space Services for applications like wildfire tracking. Both executives confirmed that in-sourcing propulsion is a consideration, consistent with their history of vertical integration when suppliers are unreliable.