Schaeffler and Spire Global Partner to Build Sovereign European Space Infrastructure

HERZOGENAURACH, Germany & VIENNA, Va.--(BUSINESS WIRE)--Schaeffler AG (XE: SHA0), the leading motion technology company, and Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of satellite data, analytics and intelligence, have signed a Memorandum of Understanding (MoU) to develop space hardware subsystems, satellite platforms, and advanced radiofrequency (RF) and environmental sensing capabilities. The partnership combines Schaeffler's precision engineering a.