Spire Global Secures $237 Million U.S. Space Force Contract for Satellite Development

Reuters
15 May
Spire Global Secures $237 Million U.S. Space Force Contract for Satellite Development

Spire Global Inc. has been selected by the U.S. Space Force's Space Systems Command for a significant contract under the Space Test Experiments Platform $(STEP)$ 2.0 program. This Indefinite Delivery/Indefinite Quantity (IDIQ) contract, with a ceiling of $237 million, positions Spire among 12 companies eligible to compete for future task orders. The contract involves designing, building, integrating, and operating small satellite buses for next-generation space experiments over a 10-year period. The STEP 2.0 program aims to accelerate the deployment and on-orbit demonstration of emerging space technologies, leveraging commercial satellite providers to streamline testing processes and enhance national security capabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spire Global Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250514918742) on May 14, 2025, and is solely responsible for the information contained therein.

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