Editorial

Finland Boosts ICEYE's R&D with €28M Grant Amidst Ambitious Launch Schedule

1 Jun/via Editorial (11 references)

Finland's Business Finland has awarded ICEYE a significant €28.3 million R&D grant, bolstering the Earth observation satellite maker's rapid expansion and its goal of launching one satellite per week.

•Finland's Business Finland has approved a €28.3 million continuation grant for ICEYE's research and development program.
•The funding supports ICEYE, a leading provider of Earth observation data, as it accelerates its satellite manufacturing and launch capabilities.
•This substantial investment underscores Finland's commitment to fostering innovation in the space technology sector and enables ICEYE to pursue its ambitious goal of weekly satellite launches.

Original Sources

iceye.com

Business Finland approves €28 million continuation grant for ICEYE’s R&D program

techfundingnews.com

Finland backs ICEYE with €28M R&D grant as the satellite maker races to one launch per week — TFN

evertiq.com

Business Finland approves €28M grant for ICEYE’s R&D program - Evertiq

nordicdefencesector.com

Business Finland grants ICEYE 28 million euros in R&D support - Nordic Defence Sector

defence-industry.eu

Business Finland approves €28.3 million grant to support ICEYE’s SAR satellite and AI-enabled intelligence R&D

electronicsweekly.com

Business Finland backs Iceye with further €28.3 million grant - Electronics Weekly

foundernews.eu

Finland Bets €28.3 Million on ICEYE as the Satellite Maker Eyes a €5 Billion Valuation and One Rocket Launch Per Week

pulse2.com

ICEYE Secures €28.3 Million Grant To Advance Sovereign Intelligence And Space-Based Defense Capabilities - Pulse 2.0

spaceintelreport.com

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

satnews.com

ICEYE Secures €28 Million Grant to Advance Sovereign Space Intelligence – SatNews

indefencemag.com

ICEYE R&D grant strengthens Europe’s SAR satellite production race - IN Defence

Companies in this Story

Iceye

subject

Espoo•Space Tech

Founded

2014

Team

480

Funding

€1.7B

ICEYE provides persistent, real-time Earth Observation for 24/7 tactical decision-making in any condition/weather. ICEYE designs systems that enable fast build up of national space programs and sovereign space capabilities to complement multidomain operations. ICEYE delivers space-based ISR capability.

Company Revenue Growth

Historical revenue trajectory for mentioned companies

Iceye€90M

Investors in this Story

Business Finlandsubject

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