Spire Global, Inc. (NYSE: SPIR) has been awarded a space services contract by GHGSat, wherein Spire will build, launch and operate four additional, 16U smallsats, that will carry GHGSat payloads to monitor greenhouse gas emissions. This builds on Spire’s initial agreement with GHGSat for three, 16U satellites, that will launch by the end of 2023.
Spire Space Services, with a $39 billion total addressable market, allows organizations to leverage the Company’s established infrastructure to put their business in space and quickly scale a constellation with its rapid development, manufacturing, launch and operations capabilities.
The addition of these satellites will expand GHGSat’s global emissions monitoring and measurement capacity. The data collected by the new payloads will be used to monitor emissions from carbon-intensive industries, such as oil and gas, coal mining, waste management and agriculture.
The launch of the four 16U satellites is scheduled for no earlier than 2024.
“Our Space as a Service model is designed to support the rapid pace at which our customers are growing, allowing companies like GHGSat to focus on their mission and services, while we deploy their payload into space safely, quickly and in a cost-effective manner. We are proud to expand our partnership with GHGSat as they scale their constellation to bring transparency to the global issue of greenhouse gas emissions.” — Frank Frulio, general manager and global head of Space Services, Spire
“GHGSat provides the best emissions intelligence in the world. By expanding our satellite services agreement with Spire, we can continue to focus on performance for our customers rather than on satellite manufacturing and operations.” — Stephane Germain, CEO, GHGSat
