Spire Global Awarded CA $1.41 Million Contract from Government of Canada for Ship Tracking Data

Spire Global Awarded CA $1.41 Million Contract from Government of Canada for Ship Tracking Data

VIENNA, Va.--(BUSINESS WIRE)-- Spire Global, Inc. (NYSE: SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, was awarded a CA $1.41 million contract by the Government of Canada (GoC) for the provision of global automatic identification system (AIS) ship tracking data. The one-year contract includes options for two additional years, extending the total potential contract value to nearly CA $4.23 million.

"We are proud to continue our partnership with the Government of Canada, providing them with our AIS data services to gain unrivaled coverage of the open ocean and shores," said John Lusk, general manager of maritime, Spire. "This contract reflects the trust that government agencies worldwide place in our technology and our commitment to delivering reliable, near real-time data that meets their stringent requirements."

Under the contract, Spire will share its real-time global ship tracking data, providing unparalleled visibility in both open oceans and high-traffic zones. The Company will also provide historical AIS data as well as its AIS position validation capabilities, which leans on its expertise in radio frequency geolocation to determine the true location of a ship even when its signal is manipulated.

The data will be used by a variety of agencies and departments within the Canadian government, including the Canadian Space Agency, the Department of National Defense, Transport Canada, and the Canadian Coast Guard. Spire offers the highest volume of AIS messages tracked by satellite.

For more information about Spire's maritime solutions, visit spire.com/maritime.

About Spire Global, Inc.

Spire (NYSE: SPIR) is a global provider of space-based data, analytics and space services, offering unique datasets and powerful insights about Earth so that organizations can make decisions with confidence in a rapidly changing world. Spire builds, owns, and operates a fully deployed satellite constellation that observes the Earth in real time using radio frequency technology. The data acquired by Spire's satellites provides global weather intelligence, ship and plane movements, and spoofing and jamming detection to better predict how their patterns impact economies, global security, business operations and the environment. Spire also offers Space as a Service solutions that empower customers to leverage its established infrastructure to put their business in space. Spire has nine off ices across the U.S., Canada, UK, Luxembourg, Germany and Singapore. To learn more, visit spire.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240708182692/en/

For media:
Sarah Freeman
Communications Manager
[email protected]

For investors:
Benjamin Hackman
Head of Investor Relations
[email protected]

Source: Spire Global, Inc.

Released July 8, 2024