Spire Global, which operates a nanosatellite constellation that provides weather and tracking data, sells GPS radio occultation data to the National Oceanic and Atmospheric Administration under a commercial data buy contract awarded in November 2020. Credit: Spire Global graphic

TAMPA, Florida — Satellite operator Spire Global has unveiled the space-powered Big Data market’s second SPAC deal in just over a week, as the rush to public markets accelerates across commercial space sectors.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...