ICEYE

In 2015, ICEYE demonstrated that synthetic-aperture radar could be used to monitor hazardous ice features such as pack ice.{{cite book|last1=Laurila|first1=Pekka |last2=Modrzewski|first2=Rafal|last3=Cheng|first3=Tao|last4=Campbell|first4=Brad|last5=Yanni|first5=Victor Garas|title=All Days |chapter=Validation of ICEYE Small Satellite SAR Design for Ice Detection and Imaging|year=2016 |doi=10.4043/27447-MS|chapter-url=https://www.onepetro.org/conference-paper/OTC-27447-MS}}

In 2019, the founders of ICEYE and Aalto staff involved were awarded the Finnish Engineering Award by the Academic Engineers and Architects in Finland TEK{{cite web|url=https://www.aalto.fi/en/news/space-conquerors-win-the-finnish-engineering-award|title=Space conquerors win the Finnish Engineering Award|date=June 3, 2019|website=aalto.fi}}{{cite web|url=https://lehti.tek.fi/tekniikka/suomalainen-insinoorityopalkinto-avaruuden-valloittajille|title=Suomalainen insinöörityöpalkinto avaruuden valloittajille|website=lehti.tek.fi|access-date=7 June 2019|archive-date=23 September 2020|archive-url=https://web.archive.org/web/20200923182341/https://lehti.tek.fi/tekniikka/suomalainen-insinoorityopalkinto-avaruuden-valloittajille|url-status=dead}} The achievement was called "a breakthrough in Finnish space technology" in the award citation.{{cite web |url=https://www.tekniikkatalous.fi/uutiset/suomalainen-insinoorityopalkinto-avaruustekniikalle-kaikki-alkoi-kun-kesalla-2009-opiskelijoille-piti-saada-tekemista-siita-se-lahti/8c237090-81ed-4e5d-9cdc-0ec3553fe10c|title=Suomalainen insinöörityöpalkinto avaruustekniikalle: Kaikki alkoi, kun kesällä 2009 opiskelijoille piti saada tekemistä – "Siitä se lähti"|first=Eeva|last=Törmänen |website=tekniikkatalous.fi|date=6 June 2019 }}

File:ICEYE Dwell Precise image of the Port of Rotterdam.png

In October 2019, ICEYE started offering commercial access to its 1-metre resolution SAR-imagery, and operated 3 SAR satellites.{{cite web|url=https://spacenews.com/iceye-spotlight-commercial-offer/ |title=ICEYE's one-meter Spotlight becomes commercially available|date=October 16, 2019|website=spacenews.com}}

In December 2020, ICEYE sold two satellites (X18, X19 or X20) to the Brazilian Air Force, these satellites were launched in May 2022 on SpaceX's Transporter-5 mission.[https://yle.fi/news/3-11733127 Sale of Finnish microsatellite to Brazil raises criticism] Yle. 2021.[https://www.gov.br/pt-br/noticias/justica-e-seguranca/2022/05/lancados-dois-satelites-do-projeto-lessonia-da-forca-aerea-brasileira Lançados dois satélites do Projeto Lessonia da Força Aérea Brasileira] May 26, 2022 The Brazilians named these satellites Carcará 1 and Carcará 2.

In August 2022, during the Russian invasion of Ukraine, ICEYE signed a contract with the Serhiy Prytula Charity Foundation that would give the Armed Forces of Ukraine access to one of its satellites.{{Cite web |date=2022-08-18 |title=Ukraine gains enhanced access to Iceye imagery and data |url=https://spacenews.com/iceye-ukraine-sar/ |access-date=2022-08-18 |website=SpaceNews |language=en-US}}[https://www.iceye.com/press/press-releases/iceye-signs-contract-to-provide-government-of-ukraine-with-access-to-its-sar-satellite-constellation ICEYE Signs Contract to Provide Government of Ukraine with Access to Its SAR Satellite Constellation], ICEYE, August 18, 2022

In May 2025, Poland signed a deal with ICEYE to acquire three radar satellites, with the contract valued at approximately €200 million. The agreement also includes an option to purchase three more satellites and expand the ground infrastructure within the next year. As part of the partnership, ICEYE works with Polish industry to deliver an advanced platform for the country's armed forces, enabling near real-time mission control, data access, and analysis for intelligence and surveillance operations.{{Cite web |url=https://www.kauppalehti.fi/uutiset/suomalaiselle-iceyelle-iso-tilaus-puolalta/7570de2e-100f-4893-bc8a-31cf396dad37 |title=Suomalaiselle Iceyelle iso tilaus Puolalta |trans-title=A major order from Poland for Finnish company Iceye |last=Sailaranta |first=Tatu |date=14 May 2025 |website=Kauppalehti |language=fi |access-date=17 May 2025 |archive-url=https://web.archive.org/web/20250514125454/https://www.kauppalehti.fi/uutiset/suomalaiselle-iceyelle-iso-tilaus-puolalta/7570de2e-100f-4893-bc8a-31cf396dad37 |archive-date=14 May 2025 |url-status=live}}

The company has launched a total of 38 satellites as of August 2024.{{Cite web |title=History {{!}} About us {{!}} ICEYE |url=https://www.iceye.com/company/history |access-date=2024-11-03 |website=www.iceye.com |language=en}} In December 2024 it launched two more and in January 2025 it launched four more, bringing total launched satellites to 44.{{Cite web |title=History {{!}} About us {{!}} ICEYE |url=https://www.iceye.com/company/history |access-date=2025-02-20 |website=www.iceye.com |language=en}}

The company launched as an earth observation data provider with its own satellite constellation that has the ability to revisit locations on earth in hours and can do imaging in all weather conditions.{{Cite web |title=SAR data {{!}} ICEYE |url=https://www.iceye.com/sar-data |access-date=2024-11-03 |website=www.iceye.com |language=en}} With top use cases including "border monitoring, site activity monitoring, port monitoring, maritime domain, deforestation monitoring, sea ice and oil spills".

From 2022, in addition to its own constellation data, the company offered entire satellite launches to customers, saying "Governments and large multinational corporations are able to purchase their own radar imaging satellites from ICEYE and operate them independently, or arrange ICEYE to manage the spacecraft exclusively on their behalf".{{Cite web |title=ICEYE Expands its Business to Offer Complete Satellite Missions |url=https://www.iceye.com/press/press-releases/iceye-expands-its-business-to-offer-complete-satellite-missions-for-its-customers |access-date=2024-11-03 |website=www.iceye.com |language=en-us}}

It has bespoke packaged solutions for Insurance{{Cite web |title=Insurance solutions {{!}} ICEYE |url=https://www.iceye.com/solutions/insurance |access-date=2024-11-03 |website=www.iceye.com |language=en}} and Government{{Cite web |title=Government solutions {{!}} disaster response {{!}} ICEYE |url=https://www.iceye.com/solutions/government |access-date=2024-11-03 |website=www.iceye.com |language=en}} domains to assist in flood and wildfire insights and improve disaster response.

Upon demonstrating the solution for monitoring pack ice in 2015, ICEYE received a €2,4M grant from the European Union's Horizon 2020 programme for SMEs with the goal "to integrate, pilot test and demonstrate the ICEYE SAR system in its final form as a microsatellite in order to attract private investment for launching."{{Cite web |last=ICEYE |title=ICEYE Granted 2.4M Euros from European Union's Horizon 2020 SME Instrument |url=https://www.iceye.com/press/press-releases/iceye-secures-eur-2-4m-in-grant-from-eu-horizon-2020-sme-instrument |access-date=2022-04-14 |website=www.iceye.com |language=en-us}}

In August 2017, ICEYE raised $13 million in capital, including from the Finnish Funding Agency for Innovations.

On May 24, 2018, ICEYE raised $34M in Series B led by return investor True Ventures and supported by Draper Network VC funds and others. The company said it will use the capital to "expand its custom analytics services for its growing customer base, further develop its SAR satellite technology, as well as fund additional launches of ICEYE SAR satellites".{{Cite web |title=$34M in Series B Financing and 9 Satellite Launches announced at ICEYE |url=https://www.iceye.com/press/press-releases/iceye-raises-34-million-dollars-series-b-financing-confirms-nine-sar-satellite-launches-by-end-of-2019 |access-date=2024-11-03 |website=www.iceye.com |language=en-us}}

In September 2020, ICEYE raised $87M in Series C led by return investor True Ventures, with a significant additional investment by OTB Ventures. With the funding the company seeks to establish manufacturing in the US and build on existing capabilities (such as 0.25 meter resolution data and SAR video and demonstrated record time data deliveries of 5 minutes).{{Cite web |title=USD 87M in Series C for ICEYE to Continue Conquering Boundaries in SAR |url=https://www.iceye.com/press/press-releases/usd-87m-in-series-c-for-iceye-to-continue-conquering-boundaries-in-radar-satellite-imaging |access-date=2024-11-03 |website=www.iceye.com |language=en-us}}

On February 3, 2022, ICEYE raised $136M to increase the size of the constellation and strengthen "the growth of ICEYE's Natural Catastrophe (NatCat) Insights and Solutions offering".{{Cite web |title=ICEYE Raises USD 136M in Series D Funding Round |url=https://www.iceye.com/press/press-releases/iceye-raises-usd-136m-in-series-d-funding-round |access-date=2024-11-03 |website=www.iceye.com |language=en-us}}

On 17 April 2024, ICEYE announced that it had closed an oversubscribed $93 million growth funding round. The round was led by Finnish sovereign wealth fund Solidium Oy and saw participation from Move Capital Fund I, Blackwells Capital, Christo Georgiev, and existing investors.{{Cite web |date=2024-04-19 |title=Earth Observation Provider ICEYE Secures $93M in New Funding |url=https://europeanspaceflight.com/earth-observation-provider-iceye-secures-93m-in-new-funding/ |access-date=2024-04-19 |website=European Spaceflight |language=en-UK}}

The total funding raised is at $438M as of April 17, 2024. On December 18, 2024 another $65 million funding round extension was announced.{{Cite web |title=ICEYE closes $65M extension to existing growth funding round for a total of $158M raised in 2024 |url=https://www.iceye.com/press/press-releases/iceye-closes-65m-extension-to-existing-growth-funding-round-for-a-total-of-158m-raised-in-2024 |access-date=2025-02-20 |website=www.iceye.com |language=en}}

The company reports annual revenues of $100M for FY 2023.

On 12 January 2018, a PSLV-XL rocket on PSLV-C40 mission carried ICEYE-X1 (also known as ICEYE POC1, COSPAR 2018-004D; POC stands for "Proof Of Concept") into orbit from the Satish Dhawan Space Centre. ICEYE-X1, at 70 kg, was the first satellite under 100 kg to carry a synthetic-aperture radar, and was the first Finnish commercial satellite.{{cite web|url=https://space.skyrocket.de/doc_sdat/iceye-x1.htm|title=ICEYE X1|website=space.skyrocket.de}}

The second satellite, ICEYE-X2 (ICEYE POC2, COSPAR 2018-099AU) was launched into orbit on 3 December 2018, at 18:34 UTC by a SpaceX Falcon 9 Block 5 rocket. The launch took place from the Vandenberg, SLC-4E.{{cite web|url=https://space.skyrocket.de/doc_sdat/iceye-x2.htm|title=ICEYE X2 |website=space.skyrocket.de}}

The third ICEYE X payload was launched on 5 May 2019 on an Electron rocket from Rocket Lab Launch Complex 1, in New Zealand. The payload, called ICEYE-X3, was integrated into the Harbinger satellite (the satellite is also known as ICEYE X3, ICEYE POC3, COSPAR 2019-026E), a proof-of-concept prototype for a York Space Systems' S-class satellite bus. The Harbinger was launched on its demonstration mission, and the payloads integrated into the satellite included the ICEYE X3, BridgeSat's optical communications payload and Enpulsion of Austria's Field Emission Electric Propulsion system. The launch was conducted as the STP-27RD mission of the Space Test Program (STP) of the United States Army Space and Missile Defense Command, who sponsored the launch. The ICEYE-X3 radar payload had communications issues related to bus communications. These were reportedly solved.{{cite web|url=https://space.skyrocket.de/doc_sdat/harbinger.htm|title=Harbinger (ICEYE X3) |website=space.skyrocket.de}}

The fourth and fifth satellite, ICEYE-X4 (COSPAR 2019-038D) and ICEYE-X5 (COSPAR 2019-038C) were launched on 5 July 2019 by a Soyuz-2-1b rocket from Vostochny Cosmodrome Site 1S.{{cite web|url=https://space.skyrocket.de/doc_sdat/iceye-x4.htm|title=ICEYE X4, X5|website=space.skyrocket.de}}

The next launch occurred on September 28, 2020, with Soyuz-2-1v from Plesetsk. This put ICEYE-X6 and ICEYE-X7 satellites into orbit.{{cite web|url=https://tem.fi/documents/1410877/3227301/Registry+of+Space+Objects+Finland/49294499-bc8a-4e17-bf56-7f83a95bffb4/Registry+of+Space+Objects+Finland.pdf|title=Avaruusesineiden rekisteri / Register över rymdföremål / Registry of Space Objects (of Finland)|date=2020-11-26|publisher=The Ministry of Economic Affairs and Employment, tem.fi|access-date=2021-01-31|language=fi,sv,en|archive-date=31 January 2021|archive-url=https://web.archive.org/web/20210131021032/https://tem.fi/documents/1410877/3227301/Registry+of+Space+Objects+Finland/49294499-bc8a-4e17-bf56-7f83a95bffb4/Registry+of+Space+Objects+Finland.pdf|url-status=dead}} On 24 January 2021, three new satellites (ICEYE-X8, ICEYE-X9 and ICEYE-X10) were launched from Cape Canaveral SLC40 as part of record setting Falcon 9 Flight 106 (i.e. Transporter-1 mission).{{cite web|url=https://www.elonx.net/spacex-smallsat-rideshare-missions/ |title=Smallsat Rideshare Missions : Dedicated Missions - January 24, 2021: SpaceX Transporter-1 (143 satellites), SSO| date=2021-01-24 | website= elonx.net |access-date= 2021-01-31}}{{cite web|url=https://www.iceye.com/press/press-releases/iceye-establishes-worlds-top-performing-persistent-monitoring-satellite-capabilities-with-three-new-sar-spacecraft-successfully-launched |title= ICEYE Establishes World's Top-Performing Persistent Monitoring Satellite Capabilities with Three New SAR Spacecraft Successfully Launched |date= 2021-01-25| website= iceye.com|access-date= 2021-01-31}} One of these, the ICEYE-X10, is actually a US-built version of the ICEYE satellites developed by R2 Space for the US government and has been renamed XR-1.{{cite web |url=https://space.skyrocket.de/doc_sdat/xr-1.htm |title=XR 1, ..., 8 (ICEYE X10) |access-date=21 January 2021 |work=Gunter's Space Page}}

File:ICEYE 3 SAR satellites on the SpaceX launch vehicle.jpg

The cooperation between SpaceX and ICEYE continued with 6 more satellites launched with Falcon 9 Block 5 rockets, 4 on 30 June 2021 as part of the Transporter-2 mission (ICEYE-X11, ICEYE-X12, ICEYE-X13 and ICEYE-X15){{cite web |last=Lentz |first=Danny |url=https://www.nasaspaceflight.com/2021/06/spacex-f9-transporter-2-rideshare/ |title=SpaceX successfully launches Transporter 2 mission with 88 satellites |work=NASASpaceFlight |date=29 June 2021 |access-date=30 June 2021}} and 2 on 13 January 2022 as part of the Transporter-3 mission (ICEYE-X14 and ICEYE-X16).{{cite web |last=Clark |first=Stephen |url=https://spaceflightnow.com/2022/01/13/spacex-launches-105-customer-satellites-on-third-transporter-rideshare-mission/ |title=SpaceX launches 105 customer satellites on third Transporter rideshare mission |work=Spaceflight Now |date=13 January 2022 |access-date=21 January 2022}} Another 5 have been launched on 25 May 2022 as part of Transporter-5 (ICEYE-X17, X18, X19, X20 and X24){{cite web |last=Clark |first=Stephen |url=https://spaceflightnow.com/2022/05/25/falcon-9-transporter-5-live-coverage/ |title=Live coverage: SpaceX launches rideshare mission, lands another Falcon booster |work=Spaceflight Now |date=25 May 2022 |access-date=25 May 2022}} and 3 on 3 January 2023 as part of Transporter-6 (ICEYE-X21, X22 and X27).{{cite web |last=Lentz |first=Danny |url=https://www.nasaspaceflight.com/2023/01/spacex-transporter-6/ |title=SpaceX rings in 2023 with Transporter-6 rideshare mission |work=NASASpaceFlight |date=3 January 2023 |access-date=4 January 2023}} Unfortunately, out of those last three satellites only two are currently in orbit while ICEYE X22 failed to separate from the rocket upper stage representing the first loss of a satellite for ICEYE.{{cite tweet |author=Jonathan McDowell |user=planet4589 |number=1647940329570541574 |title=Yes, not counting that because I've had it privately confirmed that it didn't separate. |date=17 April 2023}}

Four more satellites (ICEYE-X23, X25, X26 and X30) have been launched on 12 June 2023 on SpaceX's Transporter-8 mission{{cite web |last=Lentz |first=Danny |url=https://www.nasaspaceflight.com/2023/06/spacex-transporter-8/ |title=SpaceX Transporter-8 launches 72 payloads marking 200th booster landing |date=12 June 2023 |access-date=15 June 2023}} and another four (ICEYE-X31, X32, X34 and X35) on 11 November 2023 on SpaceX's Transporter-9 mission.{{cite web |last=Lentz |first=Danny |url=https://www.nasaspaceflight.com/2023/11/transporter-9/ |title=SpaceX Transporter 9 rideshare features new OTV from Tom Mueller's Impulse Space |date=11 November 2023 |access-date=11 November 2023 |work=NASASpaceFlight}}

Three more satellites were launched on March 4, 2024. That brings the total number of ICEYE satellites launched to 34.

Another four satellites were launched on August 16, 2024, which brought the launched satellite total to 38.{{Cite web |last=Felstead |first=Peter |date=2024-08-19 |title=ICEYE builds up its SAR constellation with four new satellites - European Security & Defence |url=https://euro-sd.com/2024/08/major-news/39888/iceye-launches-more-satellites/ |access-date=2024-11-03 |website=euro-sd.com |language=en-US}} In December 2024 it launched two more and in January 2025 it launched four more, bringing total launched satellites to 44. {{Cite web |title=History {{!}} About us {{!}} ICEYE |url=https://www.iceye.com/company/history |access-date=2025-02-20 |website=www.iceye.com |language=en}}

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Category:Manufacturing companies based in Espoo

Category:Spacecraft manufacturers

Category:Remote sensing companies

Category:Synthetic aperture radar satellites

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