ICEYE is a Finnish New Space technology company and the global leader in small Synthetic Aperture Radar (SAR) satellite operations for Earth Observation. ICEYE designs, builds, and operates a commercial constellation of SAR microsatellites, the largest in the world, providing high-resolution imagery of the Earth's surface, day or night, and even through cloud cover. They offer solutions, satellite data, and data fusion to governments and commercial industries for applications such as disaster management, security, maritime and infrastructure monitoring. ICEYE has partnerships with organizations like the National Reconnaissance Office (NRO), NATO, and Geoscape Australia, and supplies SAR data to allied nations.
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ICEYE has secured €150 million in a new funding round.
ICEYE plans to introduce next-generation sensing capabilities with the new funding.
ICEYE operates the world’s largest Synthetic Aperture Radar (SAR) satellite constellation.
The funding will be used to expand ICEYE's SAR satellite constellation.
ICEYE's Gen4 SAR satellites are expected to offer a resolution of up to 16 centimetres.
ICEYE's Gen4 SAR satellites will provide extended coverage of up to 400 kilometres.
ICEYE provides near-real-time insights day or night and in all weather conditions.
Iceye raised 150 million euro in new funding led by General Catalyst, valuing the company at 2.4 billion euro ($2.8 billion).
Iceye operates the world’s largest synthetic aperture radar (SAR) constellation.
Iceye has a SAR data agreement with NATO Allied Command Operations.
Iceye co-founder and CEO Rafal Modrzewski stated that the new funding will allow Iceye to expand its constellation of SAR satellites and data intelligence services.
Iceye has sold satellites to several European nations including the Polish Armed Forces, Portuguese Air Force, Royal Netherlands Air Force, Greek National Space Program, and Finnish Defence Forces.
Iceye previously raised $158 million last year with a significant investment from Finland’s sovereign wealth fund Solidium Oy.
Greece will receive access to ICEYE's wider commercial radar constellation to increase coverage over national areas of interest.
The collaboration allows Aechelon to transform ICEYE’s high-resolution space-based synthetic aperture radar imagery into high-fidelity, physics-accurate 3D terrain visualizations.
The X-band synthetic aperture radar on each ICEYE spacecraft can operate in multiple imaging modes and supply day-and-night observations at resolutions down to approximately 25 centimetres.
The two ICEYE satellites will improve Greece's response to natural disasters and support the development of the Greek space sector.
Under an agreement with ICEYE, the company will control and operate the satellites in orbit.
Each ICEYE spacecraft has a mass of about 120 kilograms and carries an X-band synthetic aperture radar.
Greece's two ICEYE satellites will strengthen Greece's ability to observe its territory and surrounding seas in all weather and lighting conditions.