financetom
Business
financetom
/
Business
/
Spire Global Awarded $13.7 Million in Contracts by NOAA for Weather Data
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Spire Global Awarded $13.7 Million in Contracts by NOAA for Weather Data
Sep 4, 2025 5:38 AM

08:21 AM EDT, 09/04/2025 (MT Newswires) -- Spire Global ( SPIR ) said Thursday in separate statements that it has been awarded two contracts by the National Oceanic and Atmospheric Administration to provide satellite weather data.

Under a $2.5 million, nine-month contract starting Sept. 10, Spire will provide Global Navigation Satellite System Reflectometry data in near real-time to NOAA's Commercial Weather Data Pilot Ocean Surface Winds Study, focusing on ocean wind speeds.

Under the $11.2 million, one-year contract starting Sept. 18, Spire Global ( SPIR ) will provide navigation satellite system radio occultation data under NOAA's Commercial Weather Data Program Radio Occultation Data Buy II project.

Spire shares were 1.7% higher in premarket trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Micron forecasts first-quarter revenue above estimates on AI demand
Micron forecasts first-quarter revenue above estimates on AI demand
Sep 23, 2025
(Reuters) -Micron Technology ( MU ) forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips as a race to dominate AI tech intensifies.  Shares of the memory chip maker rose over 2% in extended trading. An optimistic outlook from Micron could help add fuel to Wall...
Performance Food says Sachem Head's Ferguson joins board
Performance Food says Sachem Head's Ferguson joins board
Sep 23, 2025
NEW YORK, Sept 23 (Reuters) - Activist investor Scott Ferguson is joining the board of Performance Food Group ( PFGC ) , the company said on Tuesday, at a time the hedge fund is urging the food distributor to consider merging with rival US Foods Holding ( USFD ). Less than five weeks ago, Ferguson's Sachem Head Capital Management nominated...
Cohu to Launch $200 Million Offering of Convertible Senior Notes
Cohu to Launch $200 Million Offering of Convertible Senior Notes
Sep 23, 2025
04:17 PM EDT, 09/23/2025 (MT Newswires) -- Cohu ( COHU ) said Tuesday it plans to offer $200 million of convertible senior notes due 2031 in a private offering, subject to market conditions. The company said it expects to give initial purchasers of the notes an option to buy up to an additional $30 million. Net proceeds from the offering...
AAR Fiscal Q1 Adjusted Earnings, Revenue Rise
AAR Fiscal Q1 Adjusted Earnings, Revenue Rise
Sep 23, 2025
04:16 PM EDT, 09/23/2025 (MT Newswires) -- AAR (AIR) reported fiscal Q1 adjusted earnings late Tuesday of $1.08 per diluted share, up from $0.85 a year earlier. Analysts polled by FactSet expected $0.98. Sales for the three months ended Aug. 31 were $739.6 million, up from $661.7 million a year earlier. Analysts surveyed by FactSet expected $689.3 million. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved