Spire Global stock gains on fresh NOAA data contract and recent revenue growth

Published on 09/21/2026 at 22:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Spire Global stock is supported by a new NOAA award worth USD 33.2 million announced on September 21, 2026, underscoring demand for its space-based weather data. The shares also reflect solid revenue growth from the latest reported quarter, giving investors a clearer view of the company’s trajectory.

SPIR, US84860W1027, Illustration mit AI erstellt.

Spire Global stock (ISIN US84860W1027) is drawing investor attention after the company secured a new NOAA contract worth USD 33.2 million on September 21, 2026, underscoring growing demand for its space-based weather data services and adding a fresh driver to its revenue outlook.

NOAA awards USD 33.2 million data contract

According to NOAA on September 21, 2026, Spire Global has been awarded USD 33,158,160 to provide 5,300 GNSS radio-occultation profiles per day, including 1,100 higher-temporal-resolution profiles for weather and space-weather monitoring.

The NOAA awards total USD 67 million across providers, and Spire Global’s share of USD 33.2 million represents nearly half of the total value, highlighting the agency’s reliance on the company’s constellation for operational data purchases.

Latest fundamentals underpin growth story

Spire Global’s most recent reported figures show that the company has been scaling revenue at a double-digit pace in its latest quarter relative to the prior year, with quarterly sales and recurring data contracts forming the core of its business model.

In that latest quarter, revenue rose at a mid-teens percent rate compared with the same period a year earlier, while adjusted operating metrics improved as the company added new government and commercial customers to its subscription-based data services.

Stock trades with support from contract backlog

On Nasdaq, Spire Global stock recently traded in a range that leaves it below its 52-week high but above its 52-week low, reflecting a balance between the company’s contract-backed growth and ongoing execution risks in its path to sustained profitability.

As of the latest completed trading day before September 21, 2026, the shares changed hands at a mid-single-digit USD price level, with the market capitalization in the hundreds of millions of USD and daily volume in the hundreds of thousands of shares, illustrating that the stock remains relatively small-cap but liquid enough for active trading.

Price level and investor perspective

With the NOAA award adding USD 33.2 million to Spire Global’s contracted pipeline and recent quarterly revenue rising at a double-digit rate year-on-year, the stock’s current valuation on Nasdaq continues to hinge on how efficiently the company can convert its expanding data-contract backlog into durable cash flow.