Financial News
Spire Global Selected by Estuaire to Monitor and Reduce Aviation Emissions
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was selected by Estuaire, a data firm empowering the aviation industry to reduce its environmental impact, to supply global aviation insights. Spire will provide its detailed aircraft positional data, as well as its Flight Report, which aggregates hundreds of millions of daily satellite and terrestrial ADS-B positions into an easily accessible one-row-per-flight information enriched with all the flight and aircraft data, for post-flight analytics and reporting needs.
Estuaire monitors and analyzes aviation emissions including CO2, non-CO2 and aircraft lifecycle effects. The Estuaire suite of web applications supports airlines, lessors and aviation lenders in measuring and reducing their environmental impact. By integrating Spire data into its products, Estuaire is able to provide precise and up-to-date analysis of flight routes, enabling the company and its customers to analyze aviation emissions.
"In order to measure the full climate impact of aviation, knowing real flight lengths, altitudes and speeds is key,” said Estuaire co-founder and CEO Maxime Meijers. “Collaborating with Spire has allowed us deeper insights into each aircraft’s flight data to better establish a foundation for our climate metrics based on actual aircraft utilization.”
"Recent studies show that aviation is responsible for 3.5% of climate change,” said Philip Plantholt, general manager of Aviation, Spire, “As travel demand increases, reducing environmental impact is crucial to the future of the planet. Through our data-driven collaboration with Estuaire, we are enabling precise analysis of flight routes, arming the industry with insights to make informed decisions towards a more sustainable future."
Learn more about Spire’s space-based global flight and aviation insights at spire.com/aviation/global-flight-and-aviation-insights/.
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 eight offices across the U.S., Canada, UK, Luxembourg and Singapore. To learn more, visit spire.com.
About Estuaire
Estuaire is a software company offering insights into all environmental impacts of aviation including greenhouse gas emissions, persistent contrails and lifecycle effects. Airlines, airports and carbon calculators use Estuaire metrics to measure and reduce the impact of air transport. Founded by ex-Airbus employees in Paris and backed by institutions such as Station F, Estuaire is working to decarbonise the aviation industry. To learn more, visit estuaire.dev
View source version on businesswire.com: https://www.businesswire.com/news/home/20230914486096/en/
Contacts
For Media:
Sarah Freeman
Communications Manager
sarah.freeman@spire.com
For Investors:
Benjamin Hackman
Head of Investor Relations
Benjamin.Hackman@spire.com
For Estuaire:
Maxime Meijers
CEO
maxime.meijers@estuaire.dev
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