logo
logo

USD 87M in Series C for ICEYE to Continue Conquering Boundaries in Radar Satellite Imaging

Sep 22, 2020•almost 5 years ago

Round Type

series c

EspooInformation Technology

Description

 ICEYE, a World-leading SAR data provider, today announced the closing of a larger than planned for $87M Series C funding, led by the return investor True Ventures, with a substantial investment contribution from OTB Ventures. ICEYE has so far successfully launched 5 satellite missions, starting with the first ever small SAR satellite launched in January 2018. The company is launching 4 additional SAR satellites still this year and is on course to launch an additional 8 in 2021. This will grow the existing operational constellation into a capability that is unique in the World

Company Information

Company

Iceye

Location

Espoo, Etelä-Suomi, Finland

About

ICEYE is a fast-growing international New Space company with a diverse team from over 45 countries, united by a shared vision to make the impossible possible. As the owner of the world’s largest synthetic-aperture radar (SAR) satellite constellation, ICEYE provides unparalleled persistent monitoring capabilities for any location on Earth—day or night, through any weather. Serving sectors like insurance, disaster response, security, maritime, and finance, our data empowers objective, data-driven decision-making. Committed to pushing the boundaries of technology, ICEYE is always looking for new talent to join our mission and shape the future of Earth observation.

Related People