As the world’s leading specialist investor focused on the New Space ecosystem, we have identified ICEYE as one of the sector’s brightest stars. We anticipate that its global scale persistent monitoring of the planet will have a major impact in helping address some of our most pressing challenges.
With this latest funding round, ICEYE has raised a total of $304M in financing since 2015. ICEYE owns and operates the world’s largest constellation of SAR satellites and the company has successfully launched 16 satellite missions in total since its first-ever spacecraft was placed into orbit only four years ago.
ICEYE will use the new capital to grow its innovative Natural Catastrophe solutions offering and to further develop its leading satellite constellation and technology, reducing time to access and increasing the visiting frequency of its satellites. The company will also make further investments towards its growth globally, particularly its analytics services, which includes artificial intelligence and machine learning.
ICEYE has gone from strength-to-strength since we first invested in the company in 2017. We’ve watched the company prove the impossible, possible by launching the world’s first miniaturised SAR satellite capable of imaging the planet day and night, to now having grown into being the world’s largest operator of SAR imaging satellites