Spire Global Secures Multi-Million Dollar Deal with Financial Firm for Weather Forecasts
Spire Global, Inc. Class A (SPIR)
US:NASDAQ Investor Relations:
spireenergy.com/investors
Company Research
Source: Business Wire
Weather models powered by space-based data and AI will provide critical insights VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has entered into a multi-million-dollar deal with a financial firm. The Company will provide its High-Resolution Weather Forecast model, which offers a six-day outlook powered by proprietary data collected from space, and develop an AI-powered model for long-range forecasting.Through this deal, Spire will build off of its recent collaboration with NVIDIA to leverage Earth-2, NVIDIA’s platform for weather and climate change modeling, to train and run AI weather models. These models are projected to increase the accuracy of weather forecasts and produce long-range probabilistic forecasts at unprecedented speeds.“Having spent my career in the field of weather, I’m amazed at the rapid pace by which we’re seeing AI transform weather forecasting, espec
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News
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- Spire Global Secures Multi-Million Dollar Deal with Financial Firm for Weather Forecasts [Yahoo! Finance]Yahoo! Finance
- RTX (RTX) Beats Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
SPIR
Earnings
- 5/15/24 - Miss
SPIR
Analyst Actions
- 3/22/24 - Canaccord Genuity
SPIR
Sec Filings
- 5/15/24 - Form 10-Q
- 5/15/24 - Form 8-K
- 4/26/24 - Form EFFECT
- SPIR's page on the SEC website