Spire Global Wins U.S. Space Force Contract Worth Up to $237 Million
by Clarence Oxford
Los Angeles CA (SPX) May 15, 2025

Spire Global, Inc. (NYSE: SPIR), a leading provider of space-based data and analytics, has secured a position on the U.S. Space Force's Space Systems Command Indefinite Delivery/Indefinite Quantity (IDIQ) contract under the Space Test Experiments Platform (STEP) 2.0 program. This 10-year agreement has a total potential value of $237 million and forms part of the Department of Defense's broader Space Test Program.

As one of 12 companies awarded the STEP 2.0 contract, Spire will be eligible to compete for task orders to design, build, integrate, and operate satellite buses that support experimental payloads. These platforms are intended to enable rapid deployment and on-orbit testing of new space technologies over the life of the contract.

"Spire's vertically integrated approach to satellite manufacturing and mission operations offers government partners the speed, flexibility, and reliability they need to advance critical space technologies," said Mark Carhart, Director of Program Sales at Spire Global. "We're proud to be among the companies selected for STEP 2.0 and to have the opportunity to deliver critical technology that supports rapid, on-orbit experimentation. Programs like STEP 2.0 demonstrate how commercial innovation can accelerate the deployment of next-generation capabilities for national security."

The STEP 2.0 initiative aims to simplify the testing of space-based systems by leveraging commercial satellite platforms to provide standardized, adaptable buses capable of hosting a wide range of sensors and instruments. It facilitates faster access to space through commercial rideshare launches and supports both orbital and space station-based experiments. The program builds on the legacy of the original Space Test Experiments Platform, which has conducted over 300 missions to validate emerging space technologies.

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