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ICEYE
ICEYE
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202395

ICEYE

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202395

ICEYE

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ICEYE

ICEYE Ltd. (natively ICEYE Oy) is a Finnish microsatellite manufacturer and operator. ICEYE was founded in 2014 and is now the world's largest synthetic aperture imaging radar constellation.

The company is originally a spin-off of Aalto University's University Radio Technology Department, and is based in Espoo. It has offices globally (Finland, Poland, Spain, the UK, and the US) and over 700 employees.

In September 2024 the company reported 2023 revenues of $100M and expanded its funding to $503M.

The CEO and co-founder of ICEYE is Rafał Modrzewski.

In 2015, ICEYE demonstrated that synthetic-aperture radar could be used to monitor hazardous ice features such as pack ice.

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 The achievement was called "a breakthrough in Finnish space technology" in the award citation.

In October 2019, ICEYE started offering commercial access to its 1-metre resolution SAR-imagery, and operated 3 SAR satellites.

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. The Brazilians named these satellites Carcará 1 and Carcará 2.

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