Latest round builds on year of explosive growth for Earth observation company, fast-tracks launches for SAR satellite constellation.
HELSINKI, May 24, 2018 (ICEYE PR) – ICEYE, an Earth observation company providing synthetic-aperture radar (SAR) data, today announced $34M Series B funding led by return investor True Ventures and supported by Draper Network VC funds and others. Building on ICEYE’s recent aerospace industry achievements, the Finland-based SAR data company will use the new 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.
HELSINKI, FINLAND, April 25, 2018 (ICEYE PR) – ICEYE, an Earth observation company providing synthetic-aperture radar (SAR) data, and Ursa Space Systems (Ursa), a Space data analytics company, announced at GEOINT Symposium an agreement where ICEYE will provide satellite data to Ursa. The data from ICEYE’s SAR satellites, used to monitor oil wells and measure global oil storage, will enable Ursa to derive actionable oil demand insights for their customers.
HELSINKI, March 26, 2018 (ICEYE PR) –ICEYE, a New Space satellite manufacturer active in synthetic-aperture radar (SAR) technology, today announced a cooperation with the European Space Agency (ESA) to mutually explore opportunities provided by ICEYE’s technology. By using ICEYE’s SAR satellite technology and imagery, this new agreement demonstrates ESA’s interest in taking advantage of recent innovative New Space developments to foster business.
HELSINKI, Finland, March 7, 2018 (ICEYE PR) – ICEYE, the leader in synthetic-aperture radar (SAR) technology for microsatellites, today announced an agreement with Kongsberg Satellite Services (KSAT) to purchase SAR satellite tasking and data from ICEYE. The maritime and ice monitoring data will be collected with ICEYE-X1, ICEYE’s first satellite in orbit, which was successfully launched in January.
On most launches, the small secondary satellites that ride along with the primary payloads garner little attention.
That has begun to change in recent years as CubeSats have become increasingly capable. The importance of these small satellites could be seen in the recent launch of an Indian PSLV rocket, which carried a CartoSat Earth observation satellite and 30 secondary spacecraft from India, Canada, Finland, France, Republic of Korea, UK and the United States.
Helsinki, FINLAND (ICEYE PR) – ICEYE, the leader in synthetic-aperture radar (SAR) technology for microsatellites providing expanded access to reliable and timely earth observation data, today announced the successful launch of its proof-of-concept satellite mission, ICEYE-X1, on ISRO’s PSLV-C40 rocket.
The success of the launch, from Satish Dhawan Space Center in India, distinguishes ICEYE-X1 as the world’s first microsatellite equipped with synthetic-aperture radar (SAR) to ever be deployed in space and as Finland’s very first commercial satellite. Making further history, ICEYE has also successfully established communications with the 70 kg satellite at 05:20, GMT (07:20 Finland time) now in orbit, signaling the next step in the mission’s success.
Cubesat integration complete as rideshare launch service provider prepares to deploy spacecraft for veteran and first-time customers in early January
Seattle – December 4, 2017 – Spaceflight, the leading satellite rideshare and mission management provider, today announced it will be launching 11 spacecraft in early January from India’s Polar Satellite Launch Vehicle (PSLV). Spacecraft include Finland’s ICEYE-X1 SAR microsatellite, Planetary Resources’ Arkyd-6 6U asteroid prospecting demonstration cubesat, four Spire Global Lemur-2 cubesats, Astro Digital’s Landmapper-BC3, AMSAT’s Fox-1D cubesat, and others.
ESPOO, Finland, November 20, 2017 (ICEYE PR) –ICEYE, the leader in synthetic-aperture radar (SAR) technology, today announced an agreement with the Defense Innovation Unit Experimental (DIUx) to purchase airborne earth observation (EO) data support services from ICEYE U.S.
“Having just opened our U.S. subsidiary, ICEYE U.S. is on a fast-track in providing services that will help the public sector,” said Mike Lyons, CEO of ICEYE U.S. “DIUx is tackling some of the nation’s most challenging problems, and we’re eager to provide them with data support services that will help in solving those problems.”
The U.S. Department of Defense (DoD) launched DIUx in 2015 to build a bridge between commercial technological innovation and national security endeavors. Headquartered in Silicon Valley with offices in Boston, Austin, and the Pentagon, DIUx facilitates DoD’s efforts to identify and work with commercial companies, including ICEYE U.S., to help solve national defense problems.
Earlier this year, ICEYE announced its expansion into the U.S. with an entity focused on delivering EO data in long-form to its current and prospective clients. ICEYE U.S. is also developing data analytics capabilities to support more varied industry specific services.
ICEYE aims to provide democratized access to reliable Earth Observation data through developing efficient SAR sensors and microsatellites, enabling everyone to make better decisions. Through an imaging service available anywhere around the globe, anytime, and with response times measured in just few hours, ICEYE helps clients resolve challenges in segments such as maritime, disaster management and security and intelligence. ICEYE is on track to be the first organization in the world to launch SAR microsatellites and expects to commence its commercial data operations in the first half of 2018. For more information, please visit: www.iceye.com
HELSINKI, August 23, 2017 (ICEYE PR)– ICEYE, the leader in synthetic-aperture radar (SAR) technology for microsatellites providing expanded access to reliable and timely Earth observation data, today announced $13M in new funding, including an $8.5M financing round led by Draper Nexus. ICEYE will use the latest funding to scale up operations, including manufacturing of the company’s SAR technology built from off-the-shelf components, and launch additional satellites. ICEYE plans to launch the first three microsatellites equipped with SAR sensors over the next 12 months, delivering Earth observation data to select customers shortly thereafter.
MOJAVE, Calif., Aug. 2, 2016 (Vector Space Systems PR) — Vector Space Systems, a micro satellite space launch company comprised of new-space industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas and Sea Launch, today announced the successful launch of its P-20 rocket, a sub-scale test vehicle for the Vector 1, in advance of orbital launches in 2018.
The test, conducted July 30 in Mojave, CA, also carried Vector’s first customer payload through a partnership with Finnish-based Iceye. Iceye launched a prototype of its micro satellite’s core computing and communications systems to test its electrical and mechanical resilience in a launch environment.
Partnership will launch Iceye’s radar satellite constellation on the Vector Micro Satellite Launch Vehicle beginning in 2018
TUCSON, Ariz., Aug. 2, 2016 (Vector Space Systems PR) — Vector Space Systems, a micro satellite space launch company comprised of new-space industry veterans from SpaceX, Virgin Galactic, McDonnell Douglas and Sea Launch, today finalized an agreement with Finnish-based Iceye to conduct 21 launches for Iceye’s commercial SAR (synthetic aperture radar) satellite constellation. The payload flights, Vector’s first customer flights since it started operations in early 2016, will be conducted over a four-year span as part of a larger partnership with Iceye.
The first test launch as part of this agreement was successfully completed July 30 in Mojave, which included hosting a prototype of Iceye’s microsatellite’s core computing and communications systems to test its electrical and mechanical resilience in a launch environment on Vector’s P-20 sub-orbital launch vehicle. Iceye and Vector continue to explore future elements of their partnership related to space flight hardware development and data resale agreements.