Spire Global Awarded $9.4 Million Contract by NOAA for Satellite Weather Data
08 Gennaio 2024 - 12:45PM
Business Wire
Radio occultation data collected by the
Company's satellite constellation improves the accuracy of global
weather forecasts
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a
global provider of space-based data, analytics and space services,
has been awarded $9.4 million by the National Oceanographic and
Oceanic Administration (NOAA) to provide radio occultation (RO)
data for an 8-month period. The award is part of an Indefinite
Delivery Indefinite Quantity (IDIQ) contract for NOAA’s Commercial
Weather Data Program's Radio Occultation Data Buy II.
The near-real-time RO data provided by Spire will be used for
NOAA’s operational weather forecasts, space weather models and
climate research, among other applications. The Company’s RO data
consists of vertical profiles of atmospheric measurements,
including pressure, humidity and temperature across all points of
the globe.
“The increasing pace of extreme weather events is causing
significant harm – impacting individuals, communities, businesses,
and the economy at large,” said Chuck Cash, vice president of
federal sales, Spire. “Through our long-standing relationship with
NOAA, we are using space-based radio occultation measurements to
address the critical need for accurate weather forecasts globally
and help the world better prepare for and mitigate the impacts of
extreme weather.”
Spire has provided data to the agency since 2016. Most recently,
the Company was awarded a $2.8 million contract by NOAA in
September to provide data on ocean surface wind speeds.
About Spire Global, Inc.
Spire (NYSE: SPIR) is a global provider of space-based data,
analytics and space services, offering unique datasets and powerful
insights about Earth so that organizations can make decisions with
confidence in a rapidly changing world. Spire builds, owns, and
operates a fully deployed satellite constellation that observes the
Earth in real time using radio frequency technology. The data
acquired by Spire’s satellites provides global weather
intelligence, ship and plane movements, and spoofing and jamming
detection to better predict how their patterns impact economies,
global security, business operations and the environment. Spire
also offers Space as a Service solutions that empower customers to
leverage its established infrastructure to put their business in
space. Spire has nine offices across the U.S., Canada, UK,
Luxembourg, Germany and Singapore. To learn more, visit
spire.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240108636943/en/
Media Contacts Sarah Freeman Communications Manager
Sarah.Freeman@spire.com
Benjamin Hackman Head of Investor Relations
Benjamin.Hackman@spire.com
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