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Spire Global Awarded European Space Agency Contract for Weather Data

1. Spire Global wins ESA contract for historical weather data, boosting data access. 2. European researchers gain access to Spire’s advanced Earth intelligence data.

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Why Bullish?

Winning a contract with ESA enhances Spire's credibility and visibility in the market, similar to past government contracts that have led to stock price rises.

How important is it?

The contract significantly positions Spire within the aerospace data industry, potentially driving investor interest.

Why Long Term?

This contract may lead to further collaborations with ESA, impacting SPIR's growth trajectory positively over time.

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ESANASDAQ: MAXRNYSE: PLNYSE: MTL
LUXEMBOURG--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was awarded a contract by the European Space Agency (ESA) under the Third Party Mission (TPM) programme to supply historical weather data collected by its satellites. Under the programme, European researchers will have access to Spire's historical Earth intelligence data, including GNSS-Reflectometry and Polarimetric Radio Occultation data.

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