Spire Global was awarded a C$1.41M contract by the Government of Canada for the provision of global automatic identification system ship tracking data. The one-year contract includes options for two additional years, extending the total potential contract value to nearly C$4.23M. Under the contract, Spire will share its real-time global ship tracking data, providing unparalleled visibility in both open oceans and high-traffic zones. The Company will also provide historical AIS data as well as its AIS position validation capabilities, which leans on its expertise in radio frequency geolocation to determine the true location of a ship even when its signal is manipulated. The data will be used by a variety of agencies and departments within the Canadian government, including the Canadian Space Agency, the Department of National Defense, Transport Canada, and the Canadian Coast Guard. Spire offers the highest volume of AIS messages tracked by satellite.
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