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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SAR satellites produced in the United Arab Emirates by Iceye and Space42 will serve customers in the region, including the UAE’s planned SAR constellation.
Iceye partnered with Space42 on 2024-12-09 to produce SAR satellites in the United Arab Emirates.
With the Bandwagon-2 mission, Iceye launched nine SAR satellites in 2024.
Two new Iceye satellites launched on SpaceX’s Bandwagon-2 rideshare mission on 2024-12-21.
Iceye added $65,000,000 to a funding round announced in April, bringing the company’s total funding to $503,000,000 to date.
The two Iceye satellites from the Bandwagon-2 mission will operate in mid-inclination orbits to provide improved revisit times for mid-latitude regions.
Iceye earlier projected launching as many as 15 SAR satellites during 2024.
Iceye launched two synthetic aperture radar (SAR) satellites on Bandwagon-2 capable of providing radar imagery at a resolution of 0.25 m.
Finnish company Iceye has launched 40 satellites to date, including nine in the current year.
ICEYE closed a $65,000,000 extension of the company’s earlier $93,000,000 growth funding round that was announced in April 2024.
ICEYE has raised over $500,000,000 in total to date.
The $65,000,000 extension brings ICEYE’s total amount raised in 2024 to $158,000,000.
The $65,000,000 extension will increase ICEYE’s investment in further developing its synthetic aperture radar (SAR) satellite constellation, its intelligence, surveillance, and reconnaissance (ISR) platform, and related systems.
On 2024-11-20, Lockheed Martin entered a partnership with a consortium led by Iceye to develop AI-powered target recognition technologies for Finland’s military.
Lockheed Martin will develop AI algorithms using Iceye’s synthetic aperture radar imagery.
In July 2024, ICEYE and the Ministry of Defence of Ukraine signed a Memorandum of Cooperation to partner on strengthening Ukraine’s space defence capabilities.
ICEYE has been working closely with the Ministry of Defence of Ukraine to support Ukraine in building space defence capabilities.
In August 2022, ICEYE contracted with the Serhiy Prytula Charity Foundation to provide the Government of Ukraine with ICEYE SAR satellite imaging capabilities, including one ICEYE satellite designated for the Government of Ukraine’s use over the region.
The ICEYE–Aechelon collaboration integrates ICEYE’s SAR satellite constellation with Aechelon Technology’s real-time, GPU-driven, multi-spectral 3D processing to deliver enhanced 3D electro-optical/infrared situational awareness solutions.
Since 2018, ICEYE has launched 38 satellites for ICEYE’s and its customers’ use.