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Spire Global Secures $3.8 Million NOAA Contract for Satellite Weather Data
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Spire Global Secures $3.8 Million NOAA Contract for Satellite Weather Data
by Clarence Oxford
Los Angeles CA (SPX) Sep 11, 2024

Spire Global, Inc. (NYSE: SPIR) has been awarded a $3,832,500 contract from the National Oceanic and Atmospheric Administration (NOAA) to deliver radio occultation (RO) data over a one-year period, from September 18, 2024, to September 18, 2025.

Spire's near-real-time RO data provides vertical profiles of atmospheric conditions such as pressure, humidity, and temperature, offering global coverage. This data will be applied to NOAA's operational weather forecasts, space weather models, climate research, and other key applications.

"From the ultimate vantage point of space, our satellites are able to provide unique data sets to improve weather prediction, contribute to climate research, and ultimately, protect lives and prevent the loss of property," said Mike Eilts, general manager of Weather and Climate at Spire Global. "Our continued work with NOAA speaks to the power of government partnership with the commercial satellite industry to improve weather forecasting."

This contract is part of NOAA's Commercial Weather Data Program's Radio Occultation Data Buy II, an Indefinite Delivery Indefinite Quantity (IDIQ) agreement with a ceiling of $59 million.

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