🟢 Spire Global is trading 6% up today after disclosing $12.4 million arbitration award

Spire Global is trading at $14.25, up +5.98%, after disclosing a $12.4 million arbitration award from NorthStar Earth & Space, immediately payable.

• Shares are extending recent gains.
• The company received a $3 million NOAA contract extension for HyMS weather-data evaluation, with an additional $2 million option.
• Stifel reiterated Buy and a $24 price target after the NOAA announcement.