Spire Global Awarded €16 Million ESA Contract to Design and Demonstrate Satellite-Based Aviation Surveillance System
The European Space Agency (ESA) has awarded Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, a €16 million phased contract for the EURIALO project, which will develop the preliminary design and demonstrator for a global space-based independent aircraft surveillance system.
- The European Space Agency (ESA) has awarded Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, a €16 million phased contract for the EURIALO project, which will develop the preliminary design and demonstrator for a global space-based independent aircraft surveillance system.
- Spire will develop the mission and system design for a satellite constellation in low Earth orbit (LEO) and then design, deploy and operate a demonstrator mission that proves the performance of the system and its critical technologies.
- “We are proud to partner with Spire Global with its strong heritage to develop a best-in-class satellite system design to demonstrate a system that will revolutionise air traffic management and surveillance for safer skies.”
The EURIALO project is mainly funded through the German Space Agency at DLR. - Spire, through its newly established German subsidiary, will open an office in Munich, strengthening the small satellite segment in Germany.