Illustration of Spire Global satellite constellation. Credit: Spire Global

TAMPA, Fla. — Satellite operator Spire Global has closed the $241 million sale of its commercial maritime tracking business to Belgian analytics provider Kpler, ending a legal dispute over the stalled transaction.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...