Posted: Sat, Jun 13, 2026, 9:58 AM ET (1358 GMT)
Iceye, a Finnish company that builds and operates radar imaging satellites, announced Tuesday a funding round worth more than one billion euros ($1.16 billion). The company announced a Series F funding round Tuesday that includes 450 million euros in primary placements with several investors, with the rest coming from secondary placements of stock. The new round values the company at more than 10 billion euros. The company operates a constellation of synthetic aperture radar (SAR) imaging satellites and also sells satellites to governments. Iceye said the funding will allow it to scale up work with other governments worldwide while doubling satellite production to 100 per year.

Related Links:

•  SpaceNews article
•  Bloomberg News article
•  Iceye press release