Spire Global (NYSE: SPIR) has been awarded a contract by the Defense Advanced Research Projects Agency (DARPA) to deliver preliminary designs for a satellite that would carry an array of sensors to very low Earth orbit for in-situ ionosphere measurements.

The contract will utilize Spire’s pioneering Space Services model, which offers organizations fast and scalable access to space through a subscription model that eliminates the high upfront cost of building and maintaining infrastructure in space. Organizations can leverage Spire’s established space, ground, and web infrastructure to deploy and operate a constellation of satellites, hosted payloads, or software applications in space. 

Kamal Arafeh, Senior Vice President of Sales, Spire, stated: “Spire is proud to be supporting DARPA's efforts to advance our understanding of the ionosphere. Spire has built and launched over 150 satellites in the decade since the company was founded, and we’re excited to bring that heritage and experience in ionospheric data collection to this project.”

Spire Global is a leading global provider of space-based data, analytics and space services, offering access to unique datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed.

Shares of Spire Global trade on the NYSE under the ticker symbol SPIR.