- Spire Global Inc (NYSE:SPIR) has secured an IDIQ contract from the National Oceanographic and Oceanic Administration (NOAA) to compete for orders under a $59 million ceiling.
- This award is part of NOAA’s Commercial Weather Data Program’s Radio Occultation Data Buy II.
- Spire will provide NOAA with near-real-time RO data that consists of vertical profiles of atmospheric measurements. The data will be used for NOAA’s operational weather forecasts, space weather models and climate research.
- The contract commenced on March 27, 2023, and will run until March 26, 2028.
- Price Action: SPIR shares are trading higher by 7.25% at $0.74 premarket on Monday.
China’s New EV Dynamics: BYD Leads EV Race While GM, Honda, Nissan Trail
China which boasts of the largest auto market, is accelerating toward an electric future as established global brands trail behind…
