- Spire Global Inc (NYSE:SPIR) entered a new space-as-a-service agreement with NorthStar Earth & Space to build a constellation of satellites focused on space-situational awareness (SSA) and debris monitoring. Financial terms not disclosed.
- The first award within the contract is for three satellites, with pre-agreed options for NorthStar to increase the constellation to dozens of satellites.
- The first three satellites are expected to be launched early in 2023.
- The partnership will deliver space-based Space Situational Awareness services to protect satellite infrastructure.
- Price Action: SPIR shares are trading higher by 6.15% at $1.90 during the premarket session on Wednesday.
Get all your news in one place.
100’s of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100’s of premium titles. One news app.
Spire Global Inks Contract With NorthStar For Dedicated Constellation
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member?
Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Our Picks