Sep. 11 at 6:40 PM
$SPIR NOAA has selected Spire Global as one of 14 suppliers under its new 10-year commercial environmental-data framework, qualifying the company in four of seven categories: radio occultation, GNSS reflectometry, microwave sounding and thermospheric-density data. This does not mean Spire has won an
$8 billion contract—the figure is a shared programme ceiling, and the framework itself provides no guaranteed revenue—but it gives Spire the ability to compete for individual NOAA orders through August 2036. Financially, the opportunity could be significant relative to Spire’s current
$75–85 million annual revenue guidance, particularly as NOAA has already awarded it an
$11.2 million annual radio-occultation contract, a
$3.7 million bridge order, a
$3 million microwave-data extension and a separate
$28 million two-year microwave-development contract. The important next development will be the value and duration of the actual task orders, especially NOAA’s longer-term radio-occultatio
