Spire Global Bags C$1.41M Deal From Government of Canada for Ship Tracking Data, With Option To Expand Contract Value To C$4.23M
Portfolio Pulse from Benzinga Newsdesk
Spire Global, Inc. (NYSE:SPIR) has secured a CA$1.41 million contract from the Government of Canada for ship tracking data, with the potential to expand the contract value to CA$4.23 million over three years.
July 08, 2024 | 10:49 am
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Spire Global, Inc. (NYSE:SPIR) has been awarded a CA$1.41 million contract by the Government of Canada for ship tracking data, with the potential to expand the contract value to CA$4.23 million over three years.
The contract with the Government of Canada provides a significant revenue stream for Spire Global, with the potential to triple the contract value over three years. This deal enhances the company's credibility and market position in the space-based data and analytics sector.
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