$SPIR: Spire just reported Q3 revenue of $18.0M vs $20.6M expected, and narrowed its 2026 revenue guide to $75M to $80M from $75M to $85M • Revenue: $18.0M, +42% YoY (+77% excluding maritime) • Adj. EBITDA loss: $8.6M vs $11.8M a year ago • Gross margin: 46% vs 37% a year ago • Remaining performance obligations: $175.4M • Cash used in operations: $5.0M vs $23.4M in Q2 • Cash and marketable securities: $78.0M, no debt • FY26 adj. EBITDA guide: -$32.4M to -$27.4M, vs -$26.0M to -$20.7M in August • First 2027 revenue guide: $96M to $106M Spire won a $33.2M NOAA task order and a $28M NOAA hyperspectral microwave sounding contract in the quarter, and launched its first three satellites built at its Boulder facility.