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Spire Global still optimistic about April close of maritime sale to Kpler, creates space…

LA PLATA, Maryland — Multimission satellite constellation operator Spire Global is sticking with its forecast that the $241 million sale of its commercial maritime business, which buyer **Kpler Holding SA** of Belgium has slow-rolled, will close by the end of this month.

Spire continues to brandish the threat of a lawsuit against Kpler as an alternative, with a May 28 trial-date start in Delaware District Court.

In a March 31 investor call, Spire Chief Executive Theresa Condor sought to convey optimism that whatever drove Kpler to . . .

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Peter B. de Selding is Co-Founder and Editor of SpaceIntelReport.com. He started SpaceIntelReport in 2017 after 26 years as the Paris Bureau Chief for SpaceNews where he covered the commercial satellite, launch and the international space businesses. He is a must read for space executives. Follow Peter @pbdes

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