8-KCurrent report

Agreement termination

✓ VerifiedCanada terminated Spire's WildFireSat satellite contract for convenience, a program that would have carried an aggregate value of Can$71.8 million if all milestones had been achieved.

Summary

  • Spire Global Canada received written notice on April 23, 2026 terminating the Canadian Space Agency wildfire-monitoring constellation contract for convenience, effective immediately.
  • At full milestones the contract would have had an aggregate value of Can$71.8 million including harmonized sales tax.
  • The company may submit a settlement proposal for termination costs by May 7, 2026.
Contract value
Can$71.8 million
From the filing for Contract value
the contract would have had an aggregate value of Can$71.8 million, including harmonized sales tax

Losing WildFireSat removes a flagship government program and the multi-year revenue attached to it.

Filed
Apr 24, 2026
Accepted
2026-04-24 20:04Z
Period
Apr 23, 2026
Accession no.
0001193125-26-177130
Size
188 KB