Spire Global is a space-to-cloud data and analytics company that operates one of the world's largest multipurpose satellite constellations. They specialize in tracking global data sets, including maritime, aviation, and weather patterns, using a fleet of over 100 CubeSats. Spire provides data and analytics to various industries and government entities like NASA, ESA, and NOAA, offering services such as maritime tracking, aviation surveillance, and weather forecasting. Their key products include Spire Sense Cloud, Spire AirSafe, and Spire Stratos, and they also offer "Space as a Service" solutions.
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Spire Global is reviewing its accounting practices and procedures surrounding the timing of bookings under its space services business, where it hosts customer payloads on satellites it builds in-house.
Spire Global shares closed up more than 14% to $13.45 on 2024-11-13.
Spire Global will partner with OroraTech to design a comprehensive and scalable space-based wildfire detection and monitoring solution.
OroraTech has operated thermal infrared sensors in orbit on satellites designed and built by Spire.
No earlier than 2025, Spire and OroraTech plan to deliver OroraTech’s next eight wildfire-detecting satellites, dubbed OTC-P1, to orbit.
Spire Global, Inc. (NYSE: SPIR) was awarded a concept study contract by NASA’s Jet Propulsion Laboratory to develop space-based capabilities for a wildfire early detection warning and active monitoring system.
In 2023, Spire and OroraTech were awarded a contract by the Canadian Space Agency to deliver preparatory work for a dedicated satellite constellation to monitor all active wildfires in Canada from space.
Spire Global and Mission Control planned the Persistence technology demonstration mission focused on space-based artificial intelligence on 2024-10-16 in Milan.
Spire has agreed to build and operate LEMUR 6, a 6U satellite with an optical payload to provide Earth images for analysis by Mission Control’s onboard AI algorithms.
In 2022 the National Reconnaissance Office awarded contracts to HawkEye 360, Aurora Insight, Kleos Space, PredaSAR, Spire Global, and Umbra Lab to study the use of commercial radio frequency tracking data for defense applications.
Spire Global, Inc. (NYSE: SPIR) was awarded a $3,832,500 contract from the National Oceanic and Atmospheric Administration (NOAA) to provide radio occultation data.
The Spire Global contract with NOAA covers a one-year period from 2024-09-18 to 2025-09-18.
Spire will develop an AI-powered model for long-range weather forecasting as part of the deal with the financial firm.
Spire will provide its High-Resolution Weather Forecast model that offers a six-day outlook powered by proprietary data collected from space.
Spire will leverage its recent collaboration with NVIDIA to use Earth-2 to train and run AI weather models.
Spire will leverage its recent collaboration with NVIDIA to use Earth-2, NVIDIA’s platform for weather and climate change modeling, to train and run AI weather models.
Neuraspace’s STM platform will provide Spire with advanced conjunction analysis and maneuver management.
Neuraspace’s STM platform will provide Spire with automated screening for space assets equipped with onboard propulsion.
Spire will deploy Neuraspace’s Space Traffic Management platform to its constellation of more than 100 multipurpose satellites.
Neuraspace’s STM platform will provide Spire with collision avoidance maneuver suggestions.