Spire Global (NYSE:SPIR) today announced the acquisition of automatic identification system (AIS) provider exactEarth (TSX:XCT) for $161.2 million in the wake of its recent capital raise. The deal happened as the wider market increasingly leverages commercial space to build business momentum, Adam Jonas of Morgan Stanley recently noted. Space is generating increased visibility for investment due to accelerated capital formation fueled by the SPAC phenomenon and the confluence of technology change, Jonas said in […]