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Spire Global Awarded $11.1 Million NOAA Contract for Satellite Weather Data

1. Spire Global awarded $11.2M NOAA contract for GNSS data services. 2. Contract extends till September 2026, reinforcing Spire's market position.

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FAQ

Why Bullish?

Securing an $11.2M contract enhances Spire's revenue stream, similar to past contracts boosting share prices.

How important is it?

The contract signifies stability and growth potential for Spire, likely influencing investor confidence.

Why Long Term?

Projected revenue from the contract extends for a year, positively impacting financial forecasts.

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NOAAAERMAXR
VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was awarded an $11,190,900 contract from the National Oceanic and Atmospheric Administration (NOAA) to provide global navigation satellite system (GNSS) radio occultation (RO) data for a one-year period from September 18, 2025 to September 18, 2026. The Company's near-real-time GNSS-RO data consists of vertical profiles of atmospheric mea.

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