An indefinite-delivery/indefinite-quantity (IDIQ) contract is a purchasing agreement where a buyer commits to order goods or services over a set period but does not promise exact quantities up front, instead placing individual orders as needs arise within agreed limits. For investors, IDIQs matter because they can create steady, multi-year revenue opportunities and backlog visibility like a supplier having a standing store account — but actual cash depends on each future order and on the buyer’s budget and timing.
radio frequency signalstechnical
Radio frequency signals are invisible electromagnetic waves used to carry information wirelessly, like ripples across a pond that transport messages between devices such as phones, sensors, and medical implants. Investors care because control of frequencies, device ability to send or receive them, regulatory approval for their use, and risks of interference or security flaws can directly affect a company’s products, market access, costs and revenue potential.
gnss interferencetechnical
GNSS interference is any disruption or blocking of signals from global navigation satellite systems (like GPS) that devices use for location and precise timing. Think of it as static on a radio or a clock that suddenly shows the wrong time; it can make vehicles, networks and timing‑dependent systems lose accuracy or stop working. Investors care because such interruptions can halt operations, trigger safety or regulatory consequences, reduce revenue or raise costs for companies that rely on accurate positioning and timing.
emitter trackingtechnical
Emitter tracking is the ongoing monitoring and recording of pollution or greenhouse gases tied to a specific company, facility or product line, using measurements, inventories or remote sensing to show who is releasing what and when. Investors care because these records reveal regulatory, financial and reputational risks—like potential fines, higher costs or lost customers—and the data helps compare companies much like checking each household’s utility bill to judge efficiency and future expenses.
cloud-based infrastructuretechnical
Cloud-based infrastructure is the collection of computing resources — servers, storage, networking and related management tools — that a business uses over the internet instead of owning physical hardware. For investors, it matters because it lets companies scale capacity up or down quickly, convert big upfront costs into predictable operating expenses, speed product delivery, and concentrate risk around service availability and data security, all of which affect growth, margins and valuation.
VIENNA, Va.--(BUSINESS WIRE)--
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of satellite data, analytics and intelligence, has been awarded a contract for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151B. This contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility.
“Spire’s fully deployed constellation and expanding multi-band RF capabilities are delivering the kind of timely, actionable intelligence that today’s defense missions demand,” said Quintin Jones, Vice President and Head of North America at Spire. “We’re excited for the opportunity this creates to bring our space-based sensing, rapid data delivery, and sovereign-ready solutions to more national security partners and are committed to empowering U.S. and allied forces to operate with greater awareness, precision, and resilience in an increasingly contested world.”
Through its fully deployed, multipurpose satellite constellation, Spire Global captures and analyzes radio frequency signals, delivering defense-grade intelligence that strengthens situational awareness for U.S. and allied partners. Spire’s Space Reconnaissance capabilities enable persistent monitoring, real-time geolocation, GNSS interference and spoofing detection, emergency beacon identification, emitter tracking, and multi-layered situational awareness across land, sea, and air. The Company’s RF data is processed through secure, cloud-based infrastructure and is also available in sovereign-ready configurations for customers requiring full control over mission infrastructure and insights.
About Spire Global, Inc.
Spire (NYSE: SPIR) is a global provider of satellite data, analytics and intelligence, 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.
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