ICEYE
Assembly Line
🛰️ Finland’s ICEYE closes €62M extension
Espoo, Finland-based ICEYE, a microsatellite manufacturer and operator, announced on Wednesday that it has secured $65M (approximately €62M) in extension to the existing growth round. The financing consists of a mix of debt and equity instruments. The funding round extension included participation from funds managed by Solidium Oy, BlackRock, Seraphim, Plio Limited, and Christo Georgiev.
The company will use the funds to further develop its SAR satellite constellation, its intelligence, surveillance, and reconnaissance (ISR) platform, and related systems.