Jul 19

PlanetiQ wins first task order under $60 million NOAA contract

SAN FRANCISCO – PlanetiQ won an $8 million order to deliver daily weather data to the National Oceanic and Atmospheric Administration over six months.

It was the first task order under a NOAA indefinite delivery, indefinite quantity contract awarded in March to PlanetiQ and Spire Global. The overall contract has a potential value of $60 million over five years.

The $8 million contract was PlanetiQ’s first sale of operational radio occultation data for numerical weather models. In the past, Golden, Colorado-based PlanetiQ has delivered data to other government agencies for evaluation and testing.

“This is a very big deal for us,” PlanetiQ CEO Ira Scharf told SpaceNews. “NOAA is obviously one of the biggest buyers of weather data in the world. It’s a tremendous credibility boost. It shows the quality of our data, the reliability of our data and the impact that data can have on weather forecasting.”

PlanetiQ plans to establish a 20-satellite constellation. Two PlanetiQ satellites are in orbit and a third is scheduled to launch later this year. Several more” are on deck for 2024, Scharf said.