The RO data that Spire Global will provide is pivotal for various applications including operational weather forecasts, space weather models, and climate research. The Company's expertise in gathering vertical profiles of atmospheric measurements spans across different parameters like pressure, humidity, and temperature, covering all points of the globe. This comprehensive data collection plays a crucial role in enhancing the accuracy and reliability of weather forecasting and climate modeling.

Chuck Cash, Vice President of Federal Sales at Spire, emphasized the growing need for accurate weather data in light of the increasing frequency and severity of extreme weather events. He stated, "The increasing pace of extreme weather events is causing significant harm - impacting individuals, communities, businesses, and the economy at large. Through our long-standing relationship with NOAA, we are using space-based radio occultation measurements to address the critical need for accurate weather forecasts globally and help the world better prepare for and mitigate the impacts of extreme weather."

This contract further cements Spire Global's position as a crucial player in the field of satellite data collection and analysis. Since 2016, the company has been a key data provider to NOAA, utilizing its advanced network of small satellites equipped with radio occultation technology. This technology, which measures the changes in a radio wave as it passes through the Earth's atmosphere, is essential for detailed atmospheric research.

NOAA, a foremost U.S. government agency, is dedicated to monitoring and understanding the conditions of the oceans and atmosphere. Their reliance on private sector data, particularly in satellite and atmospheric research, is a testament to the growing synergy between government and commercial space endeavors. The IDIQ contract mechanism allows NOAA flexibility in acquiring an indefinite quantity of services for a fixed time, demonstrating their commitment to leveraging commercial data to enhance their forecasting capabilities.

The Commercial Weather Data Program, under which this contract falls, is an initiative by NOAA to integrate commercial data into its weather forecasting models. Such integrations are crucial for improving the accuracy and efficiency of weather predictions, which have become increasingly important in the face of climate change and more frequent extreme weather events.

Previously, in September, Spire Global was awarded a $2.8 million contract by NOAA to provide data on ocean surface wind speeds. This latest contract underscores the ongoing and expanding relationship between Spire Global and NOAA, highlighting the increasing reliance on commercial satellite data for environmental monitoring and research.

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