Spire Global (SPIR) has been awarded a EUR 3Mcontract renewal by Eumetsat, Europe’s meteorological satellite agency. The renewal is part of a two-year operational contract starting August 14, 2024. Through the contract, the Company will continue to provide radio occultation, or RO, data. The Company’s RO data delivers information about the vertical profiles of pressure, humidity, and temperature across all points of the globe, including in the most remote regions and open oceans. Spire will provide the data in near-real time, with EUMETSAT processing and disseminating it to national weather agencies across Europe and the broader World Meteorological Organization community for integration into global forecast models.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPIR:
- Spire Global options imply 4.1% move in share price post-earnings
- Spire Global options imply 5.1% move in share price post-earnings
- Spire Global options imply 4.5% move in share price post-earnings
- Spire Global awarded $11.1M NOAA contract for satellite weather data
- Spire Global awarded $2.5M NOAA contract for satellite weather data