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You are here: Home / News / Spire Global participates in NGA prize challenge

Spire Global participates in NGA prize challenge

August 29, 2023 by editorial

Spire Global, Inc. (NYSE: SPIR) has been invited by the National Geospatial-Intelligence Agency (NGA), and has agreed to participate, in Phase 4 of MagQuest, a prize challenge to advance how Earth’s magnetic field is measured, with multi-million-dollar prize awards.

MagQuest is a multi-phase open innovation challenge designed to accelerate new ideas to increase the efficiency, reliability, and sustainability of geomagnetic data. During this phase of the challenge, Spire will design, develop and launch a satellite that will provide a novel approach to geomagnetic data collection for the World Magnetic Model (WMM).

The satellite will carry a first-of-its-kind diamond quantum magnetometer system developed by SBQuantum. Spire will demonstrate operations of the satellite system and provide data to NOAA’s National Centers for Environmental Information and NASA’s Goddard Space Flight Center for assessment.

The WMM is used every day around the world and is embedded in thousands of systems. More than a billion smartphone users depend on the WMM for mobile navigation apps, and drivers rely on it to align the compasses in their cars.

Phase 4 of the challenge is set to conclude in September of 2026. There may be an opportunity for additional funding at the end of the challenge to sustain operations and data provisions beyond the three-year period. The results of MagQuest will inform NGA’s acquisition strategy for a WMM global magnetic field data collection capability, with an expected data procurement that can provide operational capacity by 2027.

“The MagQuest challenge is a prime example of how satellite technology plays a crucial role in powering technology and systems that each and every one of us use on a near-daily basis,” said . “We’re proud to leverage Spire’s expertise in satellite technology and existing infrastructure for manufacturing, ground stations, and data processing with SBQuantum’s magnetometer technology to provide a novel and more accurate solution to collect geomagnetic data.” — Chuck Cash, Vice President of Federal Sales, Spire

Filed Under: News

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