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Spire Global Launches Satellite to Advance Measurement of Earth's Magnetic Field in Support of MagQuest Challenge

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a globa...

articleSpirit Blockchain Capital, Inc.April 1, 20264/company/spirit-blockchain-capital-inc/news/spire-global-launches-satellite-to-advance-measurement-of-earths-magnetic-field-in-support-of-magquest-challenge
Spire Global Launches Satellite to Advance Measurement of Earth's Magnetic Field in Support of MagQuest Challenge

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[{"type":"text","content":"Spire Global Launches Satellite to Advance Measurement of Earth’s Magnetic Field in Support of MagQuest Challenge\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n \n\n\n\n\n Spire Global, Inc.\n \n (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and intelligence, has successfully launched a satellite as part of the MagQuest Challenge, a prize challenge through the National Geospatial-Intelligence Agency (NGA) to advance how Earth’s magnetic field is measured, with multi-million-dollar prize awards. The satellite launched aboard SpaceX’s Transporter 16 mission.\n \n\n The mission combines Spire's vertically integrated satellite infrastructure with SBQuantum's first-of-its-kind diamond quantum magnetometer system to provide a novel, commercial approach to geomagnetic data collection and demonstrate diamond-powered geomagnetic data collections from low Earth orbit (LEO).\n \n\n MagQuest is a multi-phase open innovation challenge designed to evaluate new ideas to increase the efficiency, reliability, and sustainability of geomagnetic data for the WMM, the NGA’s representation of the Earth’s magnetic field. The WMM is currently used in essential public and military systems, including mobile navigation applications, surveying tools, antennas, solar panels, and GPS.\n \n\n “Reliable positioning, navigation, and timing is a growing priority, particularly in GPS-degraded environments,” said Quintin Jones, Vice President and Head of North America at Spire Global. “Through the MagQuest challenge, we’re demonstrating how commercial satellite infrastructure can support new approaches to geomagnetic data collection and help advance technologies used by millions every day.”\n \n\n “The launch of our diamond quantum magnetometer into orbit represents a major milestone for SBQuantum and for the future of global navigation on land, air and sea. We thank the NGA for the opportunity to demonstrate what the device can do in the extreme conditions of space,” said David Roy-Guay, Founder of SBQuantum. “With the help of our partners at Spire, our device will relay continuous monitoring of the Earth’s magnetic field down from space, providing crucial data to power the...

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