Aerospace
Spire Global Raises EUMETSAT Weather Data Contract to €4 Million
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Spire Global (SPIR ) has been awarded an approximately €4 million, one-year contract renewal and expansion by EUMETSAT, Europe’s meteorological satellite agency, the company announced on August 25, 2026. The award extends Spire’s delivery of radio occultation weather data through August 2027 and expands the volume of atmospheric observations it supplies to European forecasters, at a value roughly one-third above the prior year’s renewal.
The new agreement builds on the approximately €3 million contract renewal EUMETSAT awarded Spire on October 8, 2025. Both sit on top of a two-year operational contract that began August 14, 2024, meaning the agency has now returned to Spire twice and raised the annual value of the relationship by about €1 million on the latest renewal.
“EUMETSAT’s continued investment in Spire’s radio occultation data reflects the growing role commercial satellite operators play in supporting operational weather forecasting,” Theresa Condor, Spire’s chief executive, said in the announcement. EUMETSAT Director-General Phil Evans said the extension “will help secure the continuity of valuable data services for our Member States and the many communities that rely on them, while optimizing the value of the service.”
What the Contract Pays For
Spire’s radio occultation data delivers vertical profiles of pressure, humidity, and temperature across the globe, including remote regions and open oceans where conventional observations are sparse. The data flows to EUMETSAT in near real time; the agency processes it and redistributes it to national weather services across Europe and the broader World Meteorological Organization community for assimilation into global forecast models.
The revenue mechanics matter here. The constellation that collects these observations already exists, is fully deployed, and sells the same underlying measurements to multiple buyers. EUMETSAT’s own program description states the arrangement deliberately allows global redistribution of the purchased data, in line with the World Meteorological Organization’s free-and-open exchange principle, and notes the US National Oceanic and Atmospheric Administration buys similar commercial radio occultation data that flows back to Europe. EUMETSAT and NOAA both purchase the same radio occultation measurements from Spire’s already fully deployed constellation, making the awards recurring revenue against existing infrastructure.
The EUMETSAT Relationship in Numbers
- €4 million: value of the August 25, 2026 one-year renewal and expansion
- €3 million: value of the October 8, 2025 renewal
- August 14, 2024: start of the underlying two-year operational contract
- August 2027: date through which the new award extends data delivery
- Three: optional one-year extensions attached to the original 2024–2026 contract, per EUMETSAT
- $3.7 million: separate NOAA award for satellite weather data announced August 14, 2026
- $11.2 million: Spire’s 2025 NOAA award under the agency’s commercial radio occultation data buy
Where the Award Lands in Spire’s Year
The EUMETSAT renewal arrives eleven days after Spire announced a $3.7 million NOAA contract covering radio occultation data from September 18 through December 1, 2026, the first time NOAA has procured profiles with what the company calls Temporal Resolution Enhancements as a distinct deliverable. Earlier in August 2026, NOAA also extended a separate $3 million, six-month contract for data from Spire’s Hyperspectral Microwave Sounder demonstrator, launched in January 2026. Government weather agencies on both sides of the Atlantic are now paying Spire for operational, not experimental, data.
The awards land inside a company that is still loss-making but narrowing the bleed. Spire’s second-quarter 2026 results, reported August 12, 2026, showed revenue of $18.0 million, down 6% year over year due to the April 2025 sale of its maritime business, but up 16% excluding that divested unit. Adjusted EBITDA loss improved to $8.6 million from $10.2 million a year earlier, cash, equivalents and marketable securities stood at $91.7 million against no debt, and the company reaffirmed full-year guidance of $75 million to $85 million in revenue, with the ex-maritime business guided to grow 42% to 61%.
Spire’s contract cadence this year (ten satellites launched in July 2026 alone, twenty-nine so far in 2026, and back-to-back government weather-data awards in August) mirrors the pattern Securities.io tracked last week when Kratos converted its Orbit ground-station line into first disclosed orders: in the satellite business, the paper is the product.
What the Documents Do and Don’t Say
The €4 million figure is an approximation (Spire’s release describes the award as “approximately €4 million”) and the company does not disclose the per-profile pricing, the expanded observation volume, or how the value splits between the renewal and the expansion components. The NOAA release, by contrast, notes that agency’s next phase of commercial radio occultation acquisition begins December 1, 2026, which will set up a fresh competitive procurement for the US side of this market. On the EUMETSAT side, the original contract structure carries two further optional one-year extensions beyond this one, meaning the agency can continue buying Spire data through at least August 2029 without a new tender. The next dated observable in the relationship is the delivery runway itself: Spire’s radio occultation observations now flow to EUMETSAT member-state forecasters through August 2027.
