- Spire Global Inc (NYSE:SPIR) has secured a $6 million, 12-month contract extension from NASA to continue participating in the agency’s Commercial Smallsat Data Acquisition (CSDA) Program.
- Spire will continue to deliver a comprehensive catalog of Earth observation data, associated metadata, and ancillary information from its constellation of 100+ multipurpose satellites.
- Spire has provided reflectometry, radio occultation, and other Earth observation data to NASA’s CSDA Program since 2018.
- Spire’s data will be available for scientific purposes to all federal agencies, NASA-funded researchers, and U.S. government-funded researchers.
- Spire will provide rolling access to 12 months of radio occultation data with a 30-day latency.
- Price Action: SPIR shares are trading higher by 1.06% at $1.43 on the last check Thursday.
Alibaba’s Sole Bear Analyst Considers Stock A Valuation Trap Amid Mounting Regulatory Risks
Manuel Muhl, who downgraded Alibaba Group Holding Ltd (NYSE: BABA) to a sell in late July before its 39% plunge, said the stock remains a valuation trap,