Spire, Dragonfly Aerospace Partner To Support Australian Office Of National Intelligence

Spire Global Inc SPIR has partnered with Dragonfly Aerospace to support the Australian Government's Office of National Intelligence (ONI) with a second satellite as a part of its ongoing National Intelligence Community Satellite (NICSAT) program. Financial terms not disclosed.
The follow-up program, NICSAT2, will see Spire designing, building, and launching the company's Low Earth Multi-Use Receiver (LEMUR) platform.
Dragonfly Aerospace will provide a high-performance Gecko camera using its proprietary space-proven electronics and ruggedized optics for an easy-to-integrate imaging solution for the satellite.
Last year, Spire worked on the NICSAT program's first satellite, Djara.
NICSAT2 was successfully launched aboard the SpaceX Transporter-3 mission on January 12, 2022.
Price Action: SPIR shares traded lower by 6.79% at $2.27 on the last check Friday.