ICEYE

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.

commercialFounded 2012

Espoo, Finland

www.iceye.com

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All verified mentions of this organization in source documents.

ICEYE had previously raised roughly $730 million USD before the Series F round.

FinancialValue 3.5Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE had raised roughly $730 million USD before the Series F round.

FinancialValue 4.0Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

In 2025, ICEYE generated more than €100 million in EBITDA.

FinancialValue 4.0Jun 9, 2026ICEYE accelera sull’intelligence spaziale sovrana

Eric Jensen’s new role is to scale ICEYE’s operations worldwide to match demand for dedicated satellite systems.

GovernanceGrowthValue 3.6Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE will use the new capital to expand its global manufacturing capabilities.

GrowthFinancialCapabilityValue 3.2Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

Eric Jensen previously led ICEYE’s United States division.

GovernanceValue 2.6Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE generated over 250 million euros in revenue in 2025.

FinancialValue 4.5Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE aims to double satellite production from 50 satellites per year to 100 satellites per year by 2028.

GrowthPlanValue 4.0Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

The total Series F transaction for ICEYE exceeds 1 billion euros when secondary share sales are included.

FinancialValue 4.3Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE's investors in the Series F round included Solidium, Tesi, Varma, Ilmarinen, Lifeline Ventures, Nokia, Qatar Investment Authority, and TCV.

FinancialRelationshipsValue 4.5Jun 9, 2026ICEYE accelera sull’intelligence spaziale sovrana

Eric Jensen’s new role includes scaling ICEYE’s operations worldwide to match demand for dedicated satellite systems.

GrowthGovernanceValue 3.5Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE is replicating its operational model in markets across Europe, the Middle East, and Asia.

GrowthValue 2.0Jun 9, 2026ICEYE accelera sull’intelligence spaziale sovrana

The ICEYE and MDA Space partnership will provide maritime and disaster response data to users around the world.

RelationshipsGeneralValue 3.8Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE has a contracted backlog of orders valued at over 1.5 billion euros.

FinancialPlanValue 4.0Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE planned to double its annual production capacity from 50 satellites to 100 satellites by 2028.

GrowthPlanValue 4.0Jun 9, 2026ICEYE accelera sull’intelligence spaziale sovrana

ICEYE closed a €450 million Series F financing round led by General Atlantic.

FinancialRelationshipsValue 5.0Jun 9, 2026ICEYE accelera sull’intelligence spaziale sovrana

ICEYE is manufacturing a high-resolution radar satellite for MDA Space and the CHORUS constellation.

RelationshipsCapabilityValue 4.2Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

ICEYE completed a Series F funding round with 450 million euros in primary capital.

FinancialGrowthValue 4.0Jun 9, 2026ICEYE reaches 10 billion Euro valuation after Series F raise and will double satellite production

European militaries are increasingly using commercial constellations including Starlink, ICEYE, BlackSky, and Planet Labs for persistent intelligence, surveillance, and reconnaissance.

GeneralValue 2.0Jun 8, 2026In Defence of Canada Briefing (Issue 13)

Business Finland approved a $33 million grant to Iceye for expanded radar satellite production and research and development into optical and RF monitoring.

FinancialCapabilityGrowthGeneralValue 4.6Jun 1, 2026Business Finland OKs $33M grant to Iceye for expanded radar satellite production and R&D into optical, RF monitoring

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