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Maritime data provider Kpler has acquired satellite-powered, global vessel tracking data firm Spire Maritime.
By integrating Spire Maritime’s technology and AIS feed, Kpler wants to expand its data reach, offering comprehensive visibility across open oceans.
Kpler said that the transaction was expected to close by the first quarter of 2025, subject to satisfying customary closing conditions.
“By acquiring Spire Maritime, we will materially improve our satellite AIS offering which together with our comprehensive terrestrial AIS network, significantly enhances real-time visibility and analytics for the maritime and commodity markets,” stated Mark Cunningham, CEO of Kpler.
He believes that this would provide the company’s clients with a clearer view of developments across maritime and commodity markets and support better decision-making in a globally interconnected economy.
“This move further focuses Spire Global on our core mission: helping humanity tackle climate change and global security challenges — and now, we are even better equipped with the resources, technology, and experience to serve our customers, whether through our advanced data solutions or empowering them with our sophisticated space services offering,” added Peter Platzer, CEO of Spire Global.
Kpler has made several noticeable acquisitions in recent years. Back in 2021, the company acquired New York-headquartered cargo data company ClipperData and last year it bought two well-known ship tracking brands, MarineTraffic and FleetMon.
The post Kpler expands with Spire Maritime acquisition appeared first on Energy News Beat.
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