ICEYE Secures $93M Growth Funding for Satellite Operations
April 22, 2024, 3:34 pm
ICEYE, a Helsinki-based company specializing in synthetic aperture radar (SAR) satellite operations, has raised $93M in growth funding. The round, led by Solidium Oy, brings the total raised to $438M. ICEYE plans to invest in a large constellation of SAR satellites and expand its data and subscription products. With over 600 employees, ICEYE provides real-time insights for sectors like insurance, security, and finance, contributing to community resilience and sustainable development.