VIENNA, Virginia – (COMMERCIAL THREAD) –Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space data, analysis and space services, today announced a partnership with Myriota, a leading global provider of secure, low cost, long battery life satellite connectivity for the Internet of Things (IoT). The partnership will leverage Spire Space Services to speed up Myriota’s global service deployment schedule, expanding the Myriota network using Spire low-earth orbit nanosatellites. Myriota is Spire’s first large-scale IoT-driven commercial customer.
Myriota will use Spire’s existing satellite platform and will continue to evolve the Myriota network as Spire deploys new satellites. Spire and Myriota plan to rapidly expand Myriota’s coverage to a global low-latency constellation, expanding Myriota’s existing coverage in North America, Australia and New Zealand to other markets, including Europe. By leveraging Speyer’s proven constellation and global operations platform, Myriota plans to rapidly and cost-effectively scale her IoT services to meet growing global demand.
Speyer’s low-earth orbit nanosatellite constellation is equipped with a range of software-defined radios (SDRs) that allow partners to test, deploy, operate and scale custom applications. Myriota expects this historic partnership will allow her to expand her network faster into more areas and improve latency using existing spacecraft.
The Myriota network enables customers in industries such as logistics, utilities and agriculture to securely monitor and collect data on a global scale using its durable and cost-effective IoT sensors. Myriota customers already track, locate and monitor assets, including vehicles, wind turbines, equipment and tools, and shipping containers. The new partnership will support reduced latency and new services.
“We are proud that our satellites and technology are ready to help Myriota make smart devices more accessible to everyone,” said Theresa Condor, executive vice president, general manager of space and Earth intelligence at Spire. “Australia is a hotbed of innovative businesses, and it is gratifying to help a leading provider of satellite connectivity to market quickly and grow efficiently.
“With strong demand for the Myriota network from our partners, who are deploying products at an ever-increasing rate, this agreement is a game-changer for our business,” said Dr. David Haley, CTO and co-founder of Myriota. “By leveraging the constellation Speyer, Myriota will rapidly improve its services and enter new markets such as Europe. Spire is an ideal partner to expand our global reach.
About Spire Global, Inc.
Spire is one of the world’s leading providers of space-based space data, analysis and services, providing access to unique data sets and ultimately powerful information about Earth so that organizations can make decisions with confidence, precision and speed. Spire uses one of the world’s largest constellations of versatile satellites to find valuable and difficult-to-acquire data and enrich it with predictive solutions. Spire then delivers this data as a subscription to organizations around the world so they can improve their business operations, reduce their environmental footprint, deploy resources for growth and competitive advantage, and mitigate risk. Spire gives business and government organizations the competitive edge as they seek to innovate and solve some of the world’s toughest problems using space knowledge. Spire has offices in San Francisco, Boulder, Washington DC, Glasgow, Luxembourg, and Singapore. To learn more, visit http://www.spire.com.
Myriota was founded to revolutionize the Internet of Things (IoT) by providing low cost, long life global connectivity. Based in Adelaide, the focal point of the Australian space industry and the headquarters of the Australian Space Agency, Myriota has a growing portfolio of over 60 issued patents and the support of major Australian and international investors. With a deep legacy in telecommunications research, the world’s first transmission of IoT data directly to a nanosatellite was achieved in 2013. Myriota made this revolutionary technology available to its partners around the world.