Spire is launching over 100 small-sized satellites that will provide what's happening across the globe as never before

San Francisco-based satellite-powered data company Spire has unveiled their network of commercial satellites that are set to launch this year and provide more data than currently available for weather forecasting.

Right now there are no more than 20 satellites that provide the world with current weather data. Many of these satellites are old and will potentially stop working or fail to provide accurate data by the year 2016.

According to a report by the U.S. Government Accountability Office, issues with the existing satellites could result in a satellite data gap that could potentially last for one to four years. That means the U.S. won’t have access to accurate data for forecasting weather conditions. In addition, these existing satellites are large, traditional structures that can cost billions to build and launch.

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