Helsinki, Finland \u2013 ICEYE, the world\u2019s leading provi\u00adder of sove\u00adreign intel\u00adli\u00adgence from space, has raised \u20ac450 million in a Series F funding round led by Gene\u00adral Atlan\u00adtic, at a valua\u00adtion of over 10 billion euros. \u2014 Other inves\u00adtors include Soli\u00addium, Tesi, Varma, Ilma\u00adri\u00adnen, Life\u00adline Ventures, and Nokia from Finland, as well as the Qatar Invest\u00adment Autho\u00adrity (QIA) and TCV. \u2014 Toge\u00adther with a secon\u00addary offe\u00adring, the total fund\u00adrai\u00adsing round exceeds 1 billion euros. <\/p>\n
The breadth of the inves\u00adtor group reflects the reco\u00adgni\u00adtion that sove\u00adreign and commer\u00adcial access to space-based infor\u00adma\u00adtion is essen\u00adtial to natio\u00adnal secu\u00adrity and resi\u00adli\u00adence worldwide.<\/p>\n
To date, seven govern\u00adments across Europe have procu\u00adred sove\u00adreign satel\u00adlite systems from ICEYE, making it the leading provi\u00adder of space-based intel\u00adli\u00adgence. The proceeds from this funding round will drive the expan\u00adsion of ICEYE\u2019s global presence and deepen its intel\u00adli\u00adgence capa\u00adbi\u00adli\u00adties, enab\u00adling the company to meet growing demand and deli\u00adver sove\u00adreign intel\u00adli\u00adgence systems and data to govern\u00adments and custo\u00admers on a new scale. <\/p>\n
Rafal Modrzew\u00adski, co-foun\u00adder and CEO of ICEYE,<\/strong> said: \u201cThe cali\u00adber of the inves\u00adtors who have chosen to support us on this scale reflects a shared convic\u00adtion. Satel\u00adlite intel\u00adli\u00adgence is ente\u00adring a new era, and now is the time to build it. ICEYE has built the world\u2019s most advan\u00adced and proven capa\u00adbi\u00adlity to meet this demand. This funding will enable us to acce\u00adle\u00adrate the deli\u00advery of new capa\u00adbi\u00adli\u00adties to govern\u00adments and custo\u00admers faster than ever before.\u201d<\/p>\n Sascha G\u00fcnther, Mana\u00adging Direc\u00adtor, Head of DACH, and Co-Head of EMEA Tech\u00adno\u00adlogy at Gene\u00adral Atlan\u00adtic<\/strong>, said: \u201cICEYE has funda\u00admen\u00adtally rede\u00adfi\u00adned Earth obser\u00adva\u00adtion. The company pionee\u00adred the tran\u00adsi\u00adtion to next-gene\u00adra\u00adtion agile satel\u00adlite fleets that offer grea\u00adter stra\u00adte\u00adgic capa\u00adbi\u00adlity with far grea\u00adter cost efficiency\u2014and today opera\u00adtes the world\u2019s largest and most advan\u00adced SAR constel\u00adla\u00adtion on a verti\u00adcally inte\u00adgra\u00adted plat\u00adform. Rafal and the team are driving ground\u00adbrea\u00adking tech\u00adno\u00adlo\u00adgies from inno\u00adva\u00adtion to large-scale commer\u00adcial and opera\u00adtio\u00adnal success, and we are confi\u00addent that the global struc\u00adtu\u00adral demand for ICEYE\u2019s data will conti\u00adnue to grow. We are proud to support remar\u00adkable inno\u00adva\u00adtors like ICEYE as they push the boun\u00adda\u00adries of what is possible.\u201d<\/p>\n Nokia is joining the funding round as a new stra\u00adte\u00adgic inves\u00adtor. Justin Hotard, Presi\u00addent and CEO of Nokia<\/strong>, said: \u201cModern defense incre\u00adasingly depends on the combi\u00adna\u00adtion of trus\u00adted connec\u00adti\u00advity and real-time visi\u00adbi\u00adlity. Nokia and ICEYE bring comple\u00admen\u00adtary strengths that can help advance Europe\u2019s defense, resi\u00adli\u00adence, and tech\u00adno\u00adlo\u00adgi\u00adcal sove\u00adreig\u00adnty. This combi\u00adna\u00adtion is beco\u00adming incre\u00adasingly important as govern\u00adments and indus\u00adtries seek to build safer, more aware, and more adap\u00adta\u00adble criti\u00adcal systems.\u201d<\/p>\n This Series F round follows a period of signi\u00adfi\u00adcant momen\u00adtum for ICEYE. In 2025, ICEYE simul\u00adta\u00adneously scaled its growth, profi\u00adta\u00adbi\u00adlity, and cash generation\u2014exceeding 250 million euros in reve\u00adnue<\/strong> and 100 million euros in EBITDA, while buil\u00adding a contract back\u00adlog of over 1.5 billion euros. Produc\u00adtion is curr\u00adently doubling, from 50 satel\u00adli\u00adtes per year today to a target of 100 per year by 2028 and beyond, supported by a corre\u00adspon\u00adding launch cadence. <\/p>\n Every sove\u00adreign system that uses ICEYE not only streng\u00adthens the nation that opera\u00adtes it, but also a broa\u00adder intel\u00adli\u00adgence network. ICEYE recently deli\u00advered a fully opera\u00adtio\u00adnal sove\u00adreign space system to the Polish Armed Forces\u2014one of the fastest sove\u00adreign space deploy\u00adments in history, taking just 12 months from contract signing to opera\u00adtio\u00adnal readi\u00adness. This model is now being repli\u00adca\u00adted across Europe, the Middle East, and Asia, and the pace is accelerating. <\/p>\n The tran\u00adsac\u00adtion is subject to the usual closing condi\u00adti\u00adons and regu\u00adla\u00adtory approvals.<\/p>\n About ICEYE<\/strong><\/p>\n ICEYE is the worl\u00add\u2019s leading provi\u00adder of sove\u00adreign intel\u00adli\u00adgence from space. We offer conti\u00adnuous moni\u00adto\u00adring capa\u00adbi\u00adli\u00adties to detect and respond to chan\u00adges anywhere on Earth. <\/p>\n ICEYE opera\u00adtes the world\u2019s largest and most advan\u00adced SAR (Synthe\u00adtic Aper\u00adture Radar) satel\u00adlite constel\u00adla\u00adtion. We provide our custo\u00admers with infor\u00adma\u00adtion of unmat\u00adched quality, latency, and repea\u00adta\u00adbi\u00adlity in all weather condi\u00adti\u00adons, day and night. For govern\u00adments that choose to operate their own constel\u00adla\u00adtion, we provide this proven capa\u00adbi\u00adlity as a sove\u00adreign system. Constel\u00adla\u00adti\u00adons built by ICEYE serve custo\u00admers in the fields of defense and intel\u00adli\u00adgence, envi\u00adron\u00admen\u00adtal moni\u00adto\u00adring, insu\u00adrance, and emer\u00adgency manage\u00adment. We enable rapid decis\u00adion-making that contri\u00adbu\u00adtes to a safer future. <\/p>\n Origi\u00adnally a Euro\u00adpean company, foun\u00added in Finland. ICEYE opera\u00adtes world\u00adwide with over 1,000 employees. \u2014 iceye.com\/joinus <\/p>\n About Gene\u00adral Atlantic<\/strong><\/p>\n Gene\u00adral Atlan\u00adtic is a leading global inves\u00adtor with more than four and a half deca\u00addes of expe\u00adri\u00adence provi\u00adding capi\u00adtal and stra\u00adte\u00adgic support to over 885 compa\u00adnies throug\u00adhout its history. Foun\u00added in 1980, Gene\u00adral Atlan\u00adtic remains a commit\u00adted part\u00adner to visio\u00adnary foun\u00adders and inves\u00adtors who seek to build dyna\u00admic compa\u00adnies and create long-term value. Guided by the belief that entre\u00adpre\u00adneurs can be incre\u00addi\u00adble agents of trans\u00adfor\u00adma\u00adtive change, the firm combi\u00adnes a colla\u00adbo\u00adra\u00adtive global approach, indus\u00adtry-speci\u00adfic exper\u00adtise, a long-term invest\u00adment hori\u00adzon, and a deep under\u00adstan\u00adding of growth drivers to colla\u00adbo\u00adrate with and scale inno\u00adva\u00adtive compa\u00adnies around the world. The firm lever\u00ada\u00adges its pati\u00adent capi\u00adtal, opera\u00adtio\u00adnal exper\u00adtise, and global plat\u00adform to support a diver\u00adsi\u00adfied invest\u00adment port\u00adfo\u00adlio that encom\u00adpas\u00adses growth equity, credit, the energy tran\u00adsi\u00adtion, and sustainable infra\u00adstruc\u00adture stra\u00adte\u00adgies. As of March 31, 2026, Gene\u00adral Atlan\u00adtic had appro\u00adxi\u00adm\u00adately $126 billion in assets under manage\u00adment across all stra\u00adte\u00adgies, with more than 900 profes\u00adsio\u00adnals in 20 count\u00adries across five regi\u00adons. \u2014 www.generalatlantic.com.<\/p>\n","protected":false},"excerpt":{"rendered":" Helsinki, Finland \u2013 ICEYE, the world\u2019s leading provi\u00adder of sove\u00adreign intel\u00adli\u00adgence from space, has raised \u20ac450 million in a Series F funding round led by Gene\u00adral Atlan\u00adtic, at a valua\u00adtion of over 10 billion euros. \u2014 Other inves\u00adtors include Soli\u00addium, Tesi, Varma, Ilma\u00adri\u00adnen, Life\u00adline Ventures, and Nokia from Finland, as well as the Qatar Investment [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":60451,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-60453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n