Editorial

Iceye Secures Massive €1.7 Billion Deal with Germany for Radar Satellite Data

18 Dec 2025/via Editorial (3 references)

Finnish satellite company Iceye has landed a landmark €1.7 billion contract with Germany to provide radar satellite data services, potentially reaching €2.7 billion with options.

•Iceye's contract with Germany is valued at €1.76 billion and could exceed €2.7 billion by 2030 if all options are exercised.
•The deal involves providing radar satellite data services to the German armed forces, marking a significant entry into large governmental contracts.
•Germany's radar satellite constellation will be named Spock (Space System for Persistent Operational Tracking).

Original Sources

Puolustus | Ruotsin puolustusvoimat hankkii suomalaisen ICEYE:n satelliitteja

YLE Other

Suomesta tutkasatelliitteja Ruotsin puolustusvoimille

HS Visio | Iceye sai jättitilauksen – Miljardikauppoja luvassa lisää, sanoo perustaja

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

Comments (0)

Loading comments...