Deloitte Selects Spire to Deliver Advanced Satellite Capabilities, Expanding Their On-Orbit Cyber and Data Operations
Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, announced that Deloitte has contracted with them to design, build and operate eight satellites.
These satellites will support Deloitte's on-orbit cyber payloads, as well as its space data capabilities for commercial and government clients. The mission consists of eight satellites with advanced radio frequency and geolocation payloads, as well as serving as a platform for advancing Deloitte's Silent Shield mission to further innovate in satellite vehicle defense and resilience.
"We're in an exciting era where space is enabling unprecedented innovation. By working with Deloitte, we're bringing next generation capabilities to orbit by deploying small satellites that can be built in months, not years," said Theresa Condor, CEO at Spire. "This approach helps our customers to move quickly, experiment, and stay agile as their needs change. By combining Spire's trusted satellite infrastructure with Deloitte's vision and leadership in the field, this program moves us closer to building more resilient and adaptable space-based assets for commercial and defense markets."
Earlier this year, Deloitte launched its first satellite, Deloitte-1, on the SpaceX Transporter-13 mission as part of its Silent Shield program. Spire has collaborated with Deloitte to test and validate Deloitte's cyber intrusion detection system payload for satellites in orbit, strengthening the resilience and security of space systems against cyber threats. Silent Shield utilizes Spire's advanced satellite technology, helping Deloitte study real-time satellite signaling patterns and evaluate the detection and mitigation of cyber anomalies.
"Spire's integrated technology gives us a powerful and relevant platform to engineer, test, validate, and refine our on-orbit cyber solutions with the goal of advancing the cyber resiliency of on-orbit assets with edge cyber detection and response," said Brett Loubert, leader of Deloitte's U.S. Space practice. "As space becomes even more critical to our technology and security, our focus on cyber resilience and reliable access to space data enables our clients to operate even more confidently and adapt to more sophisticated threats."
Spire's Space Services model and robust space infrastructure offers end-to-end satellite manufacturing, launch management, and operational capabilities. With over 34 ground stations and a partner ground station network, Spire offers secure, encrypted data transmission to Deloitte's cloud environment.
About Spire Global, Inc.
Spire (NYSE:SPIR) is a global provider of space-based data, analytics and space services, offering unique datasets and powerful insights about Earth so that organizations can make decisions with confidence in a rapidly changing world. Spire builds, owns, and operates a fully deployed satellite constellation that observes the Earth in real time using radio frequency technology. The data acquired by Spire's satellites provides global weather intelligence, ship and plane movements, and spoofing and jamming detection to better predict how their patterns impact economies, global security, business operations and the environment. Spire also offers Space as a Service solutions that empower customers to leverage its established infrastructure to put their business in space. Spire has offices across the U.S., Canada, UK, Luxembourg and Germany. To learn more, visit spire.com.
As used in this document, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of our legal structure. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Forward Looking Statements
This press release contains forward-looking statements, including information regarding management's view of Spire's future expectations, plans and prospects, including our views regarding future execution within our business, and the opportunity we see in our industry, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Spire to be materially different than those expressed or implied in such statements. Certain of these risk factors and others are included in documents Spire files with the Securities and Exchange Commission, including but not limited to, Spire's Annual Report on Form 10-K/A for the year ended December 31, 2024, as well as subsequent reports filed with the Securities and Exchange Commission. Other unknown or unpredictable factors also could have material adverse effects on Spire's future results. The forward-looking statements included in this press release are made only as of the date hereof. Spire cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Spire expressly disclaims any intent or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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