Spire establishes two-way optical link between satellites in orbit
The company will launch additional satellites with optical inter-satellite link technology on the Transporter-13 rideshare mission.
The company will launch additional satellites with optical inter-satellite link technology on the Transporter-13 rideshare mission.
The 100+ satellite constellation will provide real-time air traffic surveillance, enhancing aviation safety, sustainability and airspace security.
Spire will provide ocean wind speed data to enhance climate understanding and weather prediction capabilities.
Thomas Krywe, the company's CFO, announced earlier this year that he would be stepping down in September.
Spire has been providing Earth observation data to NASA's CSDA Programme since 2018.
The contract is part of DARPAs Ouija program that aims to use sensors on low-orbiting satellites to monitor high-frequency radio wave propagation in the ionosphere.
Shareholders in exactEarth will own about 3.8% of Spire after the transaction, if at least two-thirds of them approve it during a meeting they expect to hold in November.
NASA has used Spire data in its research regarding water and sea ice levels in the polar regions, and the height of the Planetary Boundary Layer (PBL).
Through this launch, the company aims to demonstrate the future ability to convert spent upper stages of rockets in orbit into commercial habitats.