Kpler has completed the acquisition of Spire Global’s maritime business for a total transaction value of approximately $241 million, concluding a process that had previously led to legal action between the two companies.
The sale — comprising a $233.5 million cash payment and a $7.5 million service agreement spanning the following twelve months — enabled Spire to retire its outstanding debt obligations, according to the company’s official statement.
Earlier this year, Spire had filed a lawsuit in Delaware, warning that failure to close the transaction could have jeopardized its liquidity position and raised concerns about its ability to continue operations beyond 2026.
Spire’s maritime division is known for leveraging its satellite constellation to collect real-time Earth observation data, including vessel and aircraft tracking, weather intelligence, and interference detection services.
Following the completion of the sale, Kpler confirmed that it is actively working with regulatory authorities, including the UK Competition and Markets Authority (CMA), which is currently reviewing the transaction. Until regulatory clearance is obtained, Kpler and Spire’s maritime operations will continue to function independently.
Commenting on the acquisition, Kpler CEO Mark Cunningham emphasized the strategic importance of integrating Spire’s data assets: “This milestone marks a major advance in our mission to provide decision-defining insights across the global trade landscape. By incorporating this high-quality maritime data, we aim to deliver even greater value to our customers, helping them navigate complexity, uncover new opportunities, and optimize operational decision-making.”
