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Stock impact report

EUMETSAT Awards Spire Global €3 Million Contract Renewal for Satellite Weather Data [Yahoo! Finance]

Spire Global, Inc. Class A (SPIR) 
US:NASDAQ Investor Relations: spireenergy.com/investors
Company Research Source: Yahoo! Finance
data, analytics and space services, has been awarded a €3 million contract renewal by EUMETSAT, Europe's meteorological satellite agency. The renewal is part of a two-year operational contract starting August 14, 2024. Through the contract, the Company will continue to provide radio occultation (RO) data. The Company's RO data delivers information about the vertical profiles of pressure, humidity, and temperature across all points of the globe, including in the most remote regions and open oceans. Spire will provide the data in near-real time, with EUMETSAT processing and disseminating it to national weather agencies across Europe and the broader World Meteorological Organization (WMO) community for integration into global forecast models. Spire offers a vast portfolio of current weather data, historical weather data, and weather forecast solutions. Most recently, the Company introduced two AI-driven weather models, AI-WX and AI-S2S, which extend forecasting capabilities up to 4 Show less Read more
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