Spire Global Subsidiary, Inc.

Spire Global Subsidiary, Inc., doing business as Spire Global, is a for-profit space-based data and analytics company headquartered in Vienna, Virginia, that operates a small satellite constellation to deliver near-real-time environmental monitoring, maritime domain awareness, and Earth observation data products to federal agencies as a prime contractor (54% of recent awards) and subcontractor (46%). The company competes predominantly on full-and-open contracts; it holds total-small-business set-aside positions on multiple vehicles but the majority of its recent awards carry no set-aside designation. Spire Global is a subsidiary of IMT Holdings Corp. and operates a named subsidiary, Spire Global Federal, Inc.

Spire Global's customer concentration is extreme and imbalanced by contract type. The National Oceanic and Atmospheric Administration accounts for 23 awards (86% coverage of the top five customers by count) carrying $8.22 billion in combined potential value—a massive share driven almost entirely by the recent award of a seat on the $8 billion PROTECH SBEM multiple-award IDIQ (September 1, 2026, through August 31, 2031) under which Spire Global holds Task Order 1 for near-real-time Global Navigation Satellite System radio occultation profiles. Within that NOAA portfolio, representative work includes a $66.016 million firm fixed-price delivery order awarded December 1, 2026, under PROTECH 2.0 for near-real-time GNSS radio occultation satellite data with completion by December 1, 2028; an $11.19 million delivery order (September 18, 2025) under the Radio Occultation Data Buy II IDIQ for 3,000 daily profiles over 365 days; and a $2.86 million purchase order (October 25, 2023, total-small-business set-aside) under the Commercial Weather Data Pilot for GNSS-Reflectometry ocean surface wind observation data. NASA Headquarters ranks second with 13 awards totaling $519.5 million, anchored by Spire Global's seat on the $476 million Commercial SmallSat Data Acquisition Program IDIQ (multiple award, October 4, 2023, through October 3, 2028), which has issued two delivery orders to date: a $7.9 million firm fixed-price order (August 12, 2024) and a $500 metadata delivery order (October 4, 2023). NASA Armstrong Flight Research Center holds 2 awards valued at $395 million for suborbital and hosted orbital flight integration services under the Flight Opportunities Program 4 IDIQ (March 1, 2024, through February 28, 2029), though only one $25 thousand delivery order has been issued to date. The Office of Naval Research and Naval Information Warfare Systems Command together account for 56 awards totaling $828 thousand, predominantly small purchase orders for AIS (Automatic Identification System) and ADS-B (Automatic Dependent Surveillance-Broadcast) data subscriptions and renewal services.

Spire Global holds seven named IDIQs and multiple BPA vehicles across its prime portfolio. The NOAA RODB II IDIQ ($59.3 million ceiling, total-small-business set-aside, March 27, 2023, through March 26, 2028) is the largest active small-business vehicle and has issued five delivery orders totaling $26.6 million in potential value. The PROTECH SBEM IDIQ carries an $8 billion ceiling (full-and-open, multiple award, September 1, 2026, through August 31, 2031) and represents the largest single-vehicle opportunity in the portfolio. The Air Force Research Laboratory's Space Test Experiments Platform 2.0 IDIQ ($237.6 million ceiling, April 30, 2025, through April 29, 2035) and NASA's Commercial SmallSat Data Acquisition Program ($476 million ceiling, October 4, 2023, through October 3, 2028) are both multiple-award vehicles on which Spire Global competes for delivery orders. Spire Global also holds a $395 million NASA Armstrong Flight Opportunities Program 4 IDIQ (March 1, 2024, through February 28, 2029) and the $151 billion Missile Defense Agency SHIELD multiple-award IDIQ (December 29, 2025, through December 28, 2035), though SHIELD activity to date consists of a single $500 delivery order. A Defense Advanced Research Projects Agency Other Transaction IDV ($350 thousand ceiling, September 21, 2022) for the Ouija TA-1 satellite design, build, launch, and operations program rounds out the named IDV set.

Activity has declined sharply since 2022, when Spire Global received 44 awards in a single year—likely reflecting the timing of large IDIQ awards and associated initial task orders. Annual activity dropped to 10 awards in 2023, 11 in 2024, 8 in 2025, and 4 in 2026 (through December 1, 2026), indicating a transition from award accumulation to execution and recompete management. Within the next twenty-four months, four awards carrying $30.6 million in combined potential value will reach ultimate completion and face recompete exposure. SCI-reportable invoiced revenue, which captures federal service contracts above the $150,000 threshold, totaled $37.5 million across the FY2022–FY2025 window ($12.4 million in FY2022 and $25 million in FY2023), with zero reported SCI invoicing in FY2024 and FY2025; this represents a strict subset of Spire Global's total federal revenue and does not include goods, classified contracts, or non-federal sources. Reported FTE delivery has been minimal, with 0.5 FTEs recorded in FY2022 and zero in subsequent years, suggesting the vendor's SCI-reportable work predominantly involves satellite data delivery rather than labor-intensive services.

Spire Global operates predominantly as a prime contractor and does not rely on subcontractors for its core satellite data operations. Across SCI-reportable prime contracts, the average subcontractor hours share was 0%, indicating that Spire Global self-performs substantially all work under the federal service contracts captured in the dataset. The company does appear as a named subcontractor to The Mitre Corporation (June 19, 2024, for CBP economic analytics task order work under an FFRDC agreement) and to Assurance Technology Corp (on multiple amendments and incremental funding modifications between January 2022 and June 2022, related to AIS—Automatic Identification System data). The subcontract work volumes are modest relative to the prime footprint and do not materially alter the vendor's characterization as a data-originating prime.

Spire Global's capability portfolio centers on three concrete lines of service: (1) near-real-time GNSS radio occultation (RO) satellite data acquisition and delivery—the vendor's dominant federal offering, supporting NOAA weather forecasting and NASA Earth science with 3,000 to 3,300 daily profiles under fixed-unit-price consumption models; (2) maritime domain awareness through satellite and terrestrial Automatic Identification System and ADS-B data feeds, delivered via subscription to the Navy and other defense agencies; and (3) satellite-based Earth observation and climate monitoring, including GNSS-Reflectometry ocean surface wind products, microwave sounder payloads, and metadata services. The company also holds capacity under the SHIELD IDIQ for unspecified multi-domain defense system work, though this vehicle shows minimal ordering activity to date. Representative prime awards span the full capability range: the $14 million Air Force Research Laboratory SBIR Phase II contract (June 28, 2024, total-small-business set-aside) for advanced space-based capabilities; the $4.66 million NASA Goddard Phase A definition study for a microwave-based applications sounder (August 31, 2023) supporting NOAA's low Earth orbit satellite program; and the $9.75 million NOAA in-orbit demonstration contract for a flight-tested hyperspectral microwave sounder (October 1, 2022, through September 30, 2027).

The vendor's customer base spans 16 agencies but demonstrates acute concentration in civilian space data acquisition. NOAA's $8.22 billion combined potential value represents 87.5% of the total portfolio, with the bulk seated on the newly awarded PROTECH SBEM vehicle. This concentration creates both opportunity and risk: the PROTECH award confirms Spire Global as NOAA's preferred small satellite data provider, but the portfolio's reliance on a single agency and a single new vehicle exposes the vendor to mission-priority shifts and competitive recompete activity as the PROTECH ordering period matures. The modest activity trajectory (4 awards in 2026) and low SCI-reported FTE and invoicing volumes in recent years suggest Spire Global is executing against existing ceiling capacity rather than pursuing aggressive new-award growth, consistent with a vendor focused on retaining and expanding work under existing IDIQs rather than competing for new contract vehicles.

Rapidly Refreshed Satellite-based data. Spire offers data that delivers deep insights into the parts of the world where collecting data is notoriously difficult. Traditional ship tracking coverage requires the ship be within 50 miles of a tracking tower. In remote areas, like the deep ocean or regions without excellent infrastructure, ships would normally go unwatched. Spire's products, like Spire Sense, excel in covering the three quarters of the planet that are typically neglected.