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Benzinga
Benzinga
Business
Akanksha Bakshi

Spire Global Secures $6M NASA Contract Extension For Earth Observation Data

  • Spire Global Inc (NYSE:SPIRhas secured a $6 million, 12-month contract extension from NASA to continue participating in the agency’s Commercial Smallsat Data Acquisition (CSDA) Program.
  • Spire will continue to deliver a comprehensive catalog of Earth observation data, associated metadata, and ancillary information from its constellation of 100+ multipurpose satellites.
  • Spire has provided reflectometry, radio occultation, and other Earth observation data to NASA's CSDA Program since 2018.
  • Spire’s data will be available for scientific purposes to all federal agencies, NASA-funded researchers, and U.S. government-funded researchers.
  • Spire will provide rolling access to 12 months of radio occultation data with a 30-day latency.
  • Price Action: SPIR shares are trading higher by 1.06% at $1.43 on the last check Thursday.
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