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Stock impact report

Thales, Spire Global and ESSP to Develop a Space-Based Air Traffic Surveillance Service

Spire Global, Inc. Class A (SPIR) 
US:NASDAQ Investor Relations: spireenergy.com/investors
Company Research Source: Business Wire
Thales, Spire and ESSP are joining forces to develop a satellite constellation and offer new space-based surveillance services for Air Navigation Service Providers (ANSPs).The 100+ satellite constellation will provide real-time air traffic surveillance, enhancing aviation safety, sustainability and airspace security. MEUDON, France & MUNICH & TOULOUSE, France--(BUSINESS WIRE)--Thales (Euronext Paris: HO), Spire Global (NYSE: SPIR), and European Satellite Services Provider (ESSP) have signed a Memorandum of Cooperation with the goal of introducing a range of innovative global satellite-based surveillance services to the air traffic management (ATM) industry and broader aviation market. These services will be powered by a specialized constellation of over 100 satellites collecting Automatic Dependent Surveillance-Broadcast (ADS-B) messages broadcast from aircraft and transmitting the data back to Earth in real time.Spire will develop the space segment, including system design, buildi Show less Read more
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