2023-07-25 05:44:08 ET
The European Space Agency has awarded Spire Global ( NYSE: SPIR ) a €16M phased contract for the EURIALO project, which will develop the preliminary design and demonstrator for a global space-based independent aircraft surveillance system.
The project framework is part of ESA’s programme of Advanced Research in Telecommunications Systems (or ARTES) in its Directorate of Connectivity and Secure Communications.
Spire ( SPIR ) will develop the mission and system design for a satellite constellation in low Earth orbit and then design, deploy and operate a demonstrator mission that proves the performance of the system and its critical technologies.
The EURIALO project is mainly funded through the German Space Agency at DLR. Spire, through its newly established German subsidiary, will open an office in Munich, strengthening the small satellite segment in Germany.
For further details see:
Spire Global bags €16M contract for a satellite-based surveillance system