Insider Brief:
- Spire Global was awarded a US $2.8 million, 12-month contract by the National Oceanic and Atmospheric Administration (NOAA) for satellite weather data.
- Spire will provide NOAA with Global Navigation Satellite System Reflectometry (GNSS-R) observation data in near real-time, primarily focusing on ocean surface wind speeds.
- The 12-month contract, commencing October 25, 2023, will consist of three phases.
PRESS RELEASE — Vienna, Virginia / September 20, 2023 — Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced it was awarded a $2.8 million, 12-month contract by the National Oceanic and Atmospheric Administration (NOAA) for satellite weather data. The contract is part of NOAA’s Commercial Weather Data Pilot (CWDP) Ocean Surface Winds Pilot Study, aimed at advancing the understanding of climate, weather and oceanic conditions.
Spire will provide NOAA with Global Navigation Satellite System Reflectometry (GNSS-R) observation data in near real-time, primarily focusing on ocean surface wind speeds. This data will enable NOAA to evaluate the quality and applicability of commercial GNSS-R observations across various domains, such as refining weather forecasting models and advancing climate research. The initiative directly addresses the agency’s critical need for precise global sea-surface wind measurements essential for applications like marine weather forecasts, hurricane tracking, ocean current analysis and climate studies.
“In today’s world, the demand for precise weather information is more critical than ever,” said Chuck Cash, vice president of federal sales at Spire. “We are proud to partner with NOAA to utilize our satellite technology and capabilities, enabling NOAA to improve weather forecasts, advance climate research, and provide cost-effective and regular monitoring of surface winds that complements existing observation systems.”
The 12-month contract, commencing October 25, 2023, will consist of three phases: Preparation, Data Delivery and Evaluation. In addition to ocean surface wind analysis, the project will investigate various GNSS-R applications, including land surface flooding, freeze/thaw events, sea ice detection, and soil moisture monitoring.
Contact Information:
For Media:
Sarah Freeman
Communications Manager
[email protected]
For Investors:
Benjamin Hackman
Head of Investor Relations
[email protected]
SOURCE: Spire Global
Featured image: Credit: Spire Global
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