Myriota to expand its global satellite constellation and achieve near real-time connectivity through Spire’s Space-as-a-Service capabilities
VIENNA, VA. – 23 September 2021 – (BUSINESS WIRE) – Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics, and space services, today announced a partnership with Myriota, a world-leading provider of secure, low-cost, and long-battery-life satellite connectivity for the Internet of Things (IoT). The partnership will leverage Spire Space Services to accelerate Myriota’s global service deployment timeline, expanding the Myriota Network using Spire low-earth orbit nanosatellites. Myriota is the first large-scale, commercial, IoT-focused customer of Spire.
Myriota will use Spire’s existing satellite platform and continue to scale the Myriota Network as Spire deploys new satellites. Spire and Myriota plan to quickly ramp up Myriota’s coverage to a global, low latency constellation, expanding Myriota’s existing coverage in North America, Australia and New Zealand to other markets including Europe. By leveraging Spire’s proven constellation and global operations platform, Myriota expects to quickly and cost-effectively scale its IoT services to meet rising global demand.
Spire’s constellation of low-earth orbit nanosatellites is equipped with a range of software- defined radios (SDR) that let partners test, deploy, operate, and scale custom applications. Myriota expects this landmark partnership to allow it to expand its network more quickly in more areas, and to improve latency using existing spacecraft.
The Myriota Network enables customers in industries like logistics, utilities, and agriculture to securely monitor and collect data globally using its long-lasting and low-cost IoT sensors. Myriota customers are already tracking, locating, and monitoring assets including vehicles, wind turbines, equipment and tools, and shipping containers. The new partnership will support reduced latency and new services.
“We’re proud our satellites and technology are ready to seamlessly help Myriota make smart devices more accessible to everyone.”
Theresa Condor, Executive Vice President, General Manager of Space Services and Earth Intelligence, Spire.
“Australia is a hotbed of innovative companies, and it’s gratifying to help a leading satellite connectivity provider go to market quickly and scale up efficiently,” said Theresa Condor, Executive Vice President, General Manager of Space Services and Earth Intelligence at Spire.
“With high demand for the Myriota Network from our partners, who are rolling out products at an ever-accelerating rate, this agreement is a game changer for our business.”Dr. David Haley, CTO and Co-founder, Myriota.
“By leveraging Spire’s constellation, Myriota will rapidly improve its services, and enter new markets such as Europe. Spire is a perfect partner for extending our global reach” said Dr. David Haley, CTO and Co-founder, Myriota.