Satellite Startup Spire Raised $40 Million To Bring Its Weather Forecasts To Asia

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Satellite Startup Spire Raised $40 Million To Bring Its Weather Forecasts To Asia
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Satellite startup Spire has raised $40 million to bring its weather forecasts to Asia by TheAlexKnapp

ANDY BUCHANAN/AFP/Getty Images

“Sophisticated tracking of ships, planes and weather data is significantly more scarce in one half of the world’s GDP than the other,” says Spire CEO and cofounder Peter Platzer. “This will allow us to start penetrating more of that market.” Spire’s satellites can observe those radio waves and measure their diffraction, enabling the company to determine the temperature and pressure at different points in the atmosphere. That data can then be used to produce weather forecasts. And because Spire’s satellite constellations were originally built to monitor maritime data, they’re pointed at the Earth’s oceans.

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