Spire Global Launches Space-Driven High-Resolution Weather Forecast for Utilities and Commodity Traders
28 11월 2023 - 8:45PM
Business Wire
With an up to six-day lead time and 1-km
resolution, the weather forecast aims to equip energy and commodity
markets with customizable, high-resolution forecasts
Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a
global provider of space-based data, analytics and space services,
announced the launch of its High-Resolution Weather Forecast model,
a differentiated regional high-resolution weather forecasting
service designed to meet the critical demands of the energy and
commodity markets. The solution provides precise and customizable
weather forecasts extending up to six days, with the capability to
be run at resolutions as fine as 1 kilometer, covering any point on
the globe, including the most remote regions and the open
oceans.
Built upon seven years of research and development by Spire’s
team of scientists and engineers, the High-Resolution Weather
Forecast is powered by the Company’s proprietary radio occultation
(RO) technology, ocean wind and soil moisture data. This unique
data is assimilated to ensure accurate predictions at fine scales
up to six days into the future. Spire’s High-Resolution Weather
Forecast equips energy traders, commodity traders, utilities, grid
operators and more with the crucial insights needed to anticipate
weather's influence on price dynamics, market trends and energy
supply and demand.
"In an industry where volatile weather patterns directly impact
commodity and energy prices, accurate weather prediction tools are
crucial for risk management, optimizing investments and achieving a
balance between energy production and consumption,” said Michael
Eilts, general manager of weather and Earth intelligence at Spire.
“Our regional high-resolution weather forecasts provide the
essential insights needed to make informed decisions and stay ahead
of the markets.”
Key features of the High-Resolution Weather Forecast
include:
- Advanced Data Assimilation: Spire assimilates
proprietary data, including RO, ocean winds and soil moisture, from
its multipurpose constellation of 100+ satellites into its
High-Resolution Weather Forecast for precise weather forecasts.
Additionally, the model incorporates data from leading trusted
public sources such as NOAA, EUMETSAT and ECMWF.
- Customization: Customers can configure forecasts by
selecting the domain size, frequency and resolution down to 1
kilometer, with scheduling that caters to their specific
needs.
- Proven Accuracy: Backed by a team of expert scientists,
meteorologists and engineers, the forecast consistently delivers
precise and reliable forecasts, empowering clients across various
industries to make well-informed decisions.
- Up to Six-Day Lead Time: Offering up to a six-day
outlook, the forecast provides an extended planning horizon,
enabling businesses to proactively address weather-related
challenges with effective preparation and decision-making.
- 24/7 Weather Support: Spire's 24/7 Weather Desk Services
team, a dynamic group of expert meteorologists, provides
round-the-clock support and guidance during disruptive weather
events.
The High-Resolution Weather Forecast joins Spire's suite of
Weather and Earth intelligence solutions, including global weather
forecasts, proprietary data sources like ocean winds and soil
moisture, and additional atmospheric weather datasets.
Learn more about Spire’s High-Resolution Weather Forecast.
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 nine offices across the U.S., Canada, UK,
Luxembourg, Germany and Singapore. To learn more, visit
spire.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231128866783/en/
For Media: Sarah Freeman Communications Manager
Sarah.Freeman@spire.com
For Investors: Benjamin Hackman Head of Investor Relations
Benjamin.Hackman@spire.com
Spire Global (NYSE:SPIR)
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