Spire Global Plans To Launch Six Satellites For Weather & Aviation Solutions

  • Spire Global Inc SPIR said it will launch six satellites on the SpaceX Transporter-6 mission from Cape Canaveral Space Force Station no earlier than January 2023.
  • The satellites will demonstrate advancements and new capabilities for Spire's weather and aviation solutions.
  • Spire will launch two demonstration satellites carrying next-generation Automatic Dependent Surveillance-Broadcast (ADS-B) payloads.
  • The satellites will expand Spire's existing ADS-B constellation and play an integral role in improving coverage and latency for the company's aviation products.
  • One of the satellites on the launch will fly a polarimetric radio occultation (PRO) payload that collects data on precipitation profiles and patterns.
  • The company is also launching three satellites to replenish its fully deployed constellation of more than 100 multipurpose satellites.
  • Price Action: SPIR shares are trading higher by 0.80% at $1.26 on the last check Wednesday.
  • Photo Via Company
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