ESP Logistics Technology Chooses Spire Global for Real-Time Weather and Ship-Tracking Data to Optimize Supply Chain Efficiency

Rhea-AI Summary

Spire Global has been selected by ESP Logistics Technology to provide wind data and real-time automatic identification system (AIS) vessel-tracking data. ESP will use Spire's weather conditions API to provide accurate wind data for operational flight decisions and utilize AIS data for real-time tracking of ships and estimated time of arrival. This collaboration aims to enhance supply chain efficiency and improve overall productivity.

Positive

• Spire Global's collaboration with ESP Logistics Technology can lead to enhanced supply chain efficiency and improved productivity.
• ESP's helicopter customers can optimize their flight operations with accurate wind data provided by Spire's weather conditions API.
• Real-time ship-tracking using Spire's AIS data enables ESP to proactively manage deliveries and reduce delays.

Negative

• None.

VIENNA, Va.--(BUSINESS WIRE)-- Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was selected by ESP Logistics Technology (“ESP”), a leader in supply chain productivity and sustainability, to provide wind data through its weather conditions API and real-time automatic identification system (AIS) vessel-tracking data.

In the intricate supply chain industry, even the slightest disruption can lead to significant challenges and delays. This has led to a $3.4 billion inventory optimization, logistics, and visualization and reporting market. ESP has chosen Spire’s comprehensive weather conditions API to provide their helicopter customers with immediate, accurate wind data to make operational flight decisions. ESP also is utilizing Spire’s AIS data to provide its clients with real-time tracking of their ships and estimated time of arrival at their destination based on historical data of ships traveling similar routes.

“At ESP, we are committed to enhancing supply chain efficiency and ensuring our clients’ operations run smoothly,” said Jonathan Rosenthal, CEO of ESP. “With accurate wind data, our helicopter customers can optimize their flight operations, while real-time ship-tracking enables us to proactively manage deliveries, reducing delays and enhancing overall productivity. This collaboration with Spire reinforces our dedication to providing top-notch services and empowers us to make informed decisions in the face of the increasingly complex supply chain.”

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230817694636/en/

For Media:

Sarah Freeman

Communications Manager

sarah.freeman@spire.com

For Investors:

Benjamin Hackman

Head of Investor Relations

Benjamin.Hackman@spire.com

Source: Spire Global, Inc.

FAQ

Who has selected Spire Global to provide wind data and AIS vessel-tracking data?

ESP Logistics Technology has selected Spire Global.

What does ESP plan to use Spire's weather conditions API for?

ESP plans to use Spire's weather conditions API to provide their helicopter customers with accurate wind data for operational flight decisions.

How will ESP utilize Spire's AIS data?

ESP will utilize Spire's AIS data for real-time tracking of ships and estimating time of arrival at their destination based on historical data of ships traveling similar routes.

What are the benefits of the collaboration between Spire Global and ESP?

The collaboration aims to enhance supply chain efficiency, optimize flight operations, proactively manage deliveries, and reduce delays.