Spire Global launches a satellite as part of the MagQuest Challenge

Spire Global (SPIR) has successfully launched a satellite as part of the MagQuest Challenge, a prize challenge through the National Geospatial-Intelligence Agency, or NGA, to advance how Earth’s magnetic field is measured, with multi-million-dollar prize awards. The satellite launched aboard SpaceX’s Transporter 16 mission. The mission combines Spire’s vertically integrated satellite infrastructure with SBQuantum’s first-of-its-kind diamond quantum magnetometer system to provide a novel, commercial approach to geomagnetic data collection and demonstrate diamond-powered geomagnetic data collections from low Earth orbit, or LEO. Spire and SBQuantum will demonstrate operations of the satellite system and provide data to NOAA’s National Centers for Environmental Information and NASA’s Goddard Space Flight Center for assessment.