Spire Global stock news
Spire Global (SPIR) shares reached a 52--week high on May 28, 2026, following a 7.07% price surge driven by a strategic partnership with German industrial group Schaeffler. The companies signed a Memorandum of Understanding to develop sovereign European space hardware and satellite platforms tailored for defense, weather, and security applications. This collaboration leverages Spire's manufacturing capacity to establish a dedicated European mission business, significantly enhancing the company's positioning in the global orbital economy and prompting analysts to maintain an "Overweight" sentiment bias.