EO·Atlas
ICEYE
Compiled from public sources on 2026-05-24. Not independently verified by ICEYE.
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Finnish commercial SAR satellite operator, founded 2014 as an Aalto University spin-off and headquartered in Espoo. Operates the world's largest commercial X-band SAR constellation, over 70 satellites launched by May 2026, with sub-metre resolution. Approximately 700 employees, EUR 2.4B valuation as of December 2025, EUR 250M+ 2025 revenue, profitable. Counts the Royal Netherlands Air Force among sovereign customers (4-satellite SAR ISR contract, first launched June 2025). Copernicus Contributing Mission and ESA Third Party Mission status; partner on the ESA Civil Security from Space Programme.
ICEYE is a Finnish microsatellite manufacturer and SAR constellation operator founded in 2014 as a spin-off of Aalto University's Radio Technology department, headquartered in Espoo. Co-founders Rafal Modrzewski (CEO) and Pekka Laurila (CSO) led the team that launched ICEYE-X1 in January 2018, the first commercial SAR microsatellite under 100 kg. By May 2026 the company had launched over 70 satellites and operates a commercial X-band SAR constellation of that scale.[1][2]
The constellation operates in X-band (9.65 GHz), VV polarization, in sun-synchronous orbits at 500-610 km altitude. The product portfolio spans eight imaging modes: Strip (3 m, 30 km swath), Spot (1 m, 5 km scene), Spot Fine (0.5 m), Spot Extended Area (1 m, 15 km scene), and the Dwell family (Dwell, Dwell Fine, Dwell Precise) developed for persistent and coherent monitoring. The fourth-generation (Gen4) satellite, commercially available from September 2025, achieves up to 16 cm ground resolution in Dwell Precise mode through doubled antenna size and 1200 MHz imaging bandwidth.[2] Gen4 satellites downlink at up to 700 Mbps, enabling data delivery within the same orbital pass.
In July 2021 ICEYE achieved Daily Coherent Ground Track Repeat (DCGTR), at the time a first commercial capability enabling coherent change detection and interferometric SAR at 24-hour cadence.[3] This underpins applications in ground subsidence monitoring, infrastructure integrity assessment, and environmental change detection. Subsequent independent research has used ICEYE constellation data for Thwaites Glacier InSAR studies and the 2023 Swiss Alps Brienz landslide monitoring.
ICEYE serves four primary market segments. In defense and intelligence, the company holds sovereign satellite supply contracts with the armed forces of Germany (EUR 1.76 billion SPOCK 1 contract with Rheinmetall ICEYE Space Solutions JV, December 2025), Poland (EUR 200 million POLSARIS constellation, May 2025), the Netherlands (RNLAF, 4 satellites), Sweden, Finland, Greece, Portugal, and Japan, and provides access to Ukraine's Ministry of Defence. In insurance and natural catastrophe response, ICEYE's Flood Insights service provides near-real-time flood extent and depth data used for parametric insurance product development. In maritime, ICEYE holds a multi-year framework contract with the European Maritime Safety Agency (EMSA, signed March 2023) supplying SAR imagery for the CleanSeaNet oil spill detection service and Copernicus Maritime Surveillance. In environmental monitoring, ICEYE is an ESA Copernicus Contributing Mission (since October 2021), supplying data to the Copernicus Emergency Management Service and Marine Environment Monitoring Service.[4]
Financially, ICEYE reached profitability in 2025 with revenue exceeding EUR 250 million and a contracted backlog of EUR 1.5 billion. The December 2025 Series E round (EUR 150 million primary, led by General Catalyst) valued the company at EUR 2.4 billion. ICEYE targets EUR 1 billion in 2026 revenue and is scaling satellite production to one unit per week.
Operates
- ICEYE-X1ended
launched "2018-01-12T00:00:00.000Z" / SSO, 494 x 506 km, 97.56 deg
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SSO (planned, altitude not publicly confirmed)
- ICEYE SAR constellationoperational
launched 2018-01-12 / Sun-synchronous orbit / 400 km swath
Manufactures
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operational
Operator pricingPricing not publicly listed by operator
Distributes
- ICEYE SAR ImageryCloud Optimized GeoTIFF (GRD, primary); Cloud Optimized GeoTIFF (SLC, complex); HDF5/GeoTIFF (legacy formats, deprecated 2026-12-31) / L1commercial
Cloud Optimized GeoTIFF (GRD, primary); Cloud Optimized GeoTIFF (SLC, complex); HDF5/GeoTIFF (legacy formats, deprecated 2026-12-31) / L1 / Commercial tasking and archive access via direct customer agreement or API. Copernicus Contributing Mission status enables sponsored access for qualifying research and civil security users via the European Union Copernicus programme.
Operator pricingPricing not publicly listed by operator - ICEYE Wildfire InsightsGIS-ready vector layers: building footprints or latitude/longitude points with binary destroyed/undamaged classification / L4commercial
GIS-ready vector layers: building footprints or latitude/longitude points with binary destroyed/undamaged classification / L4 / Commercial product offered through direct ICEYE customer engagement
Operator pricingPricing not publicly listed by operator - ICEYE Flood InsightsGIS-ready flood extent, depth, and impact layers; vector and raster delivery described publicly / L4commercial
GIS-ready flood extent, depth, and impact layers; vector and raster delivery described publicly / L4 / Commercial subscription or customer-specific access through ICEYE Solutions Suite, ISS API, app, or partner integrations
Operator pricingPricing not publicly listed by operator -
GeoPackage vector flood extent layers / L3 / Commercial subscription package; public ICEYE page lists annual subscription tiers for selected European geographies
Operator pricingPricing not publicly listed by operator - ICEYE Hurricane Solution30 m raster damage heatmap, 500 m vector hex grid, plus flood extent and flood depth vector and raster files / L4commercial
30 m raster damage heatmap, 500 m vector hex grid, plus flood extent and flood depth vector and raster files / L4 / Commercial access via ArcGIS viewer, API, or DocSend according to customer needs
Operator pricingPricing not publicly listed by operator - ICEYE Maritime MonitoringActionable SAR-derived maritime intelligence; public pages describe detections, monitoring outputs, and application studies rather than an open file specification / L4commercial
Actionable SAR-derived maritime intelligence; public pages describe detections, monitoring outputs, and application studies rather than an open file specification / L4 / Commercial monitoring and SAR data service via direct ICEYE engagement
Operator pricingPricing not publicly listed by operator - ICEYE Defense / ISRFinished ISR intelligence products and AI-assisted target detection/classification outputs; public pages do not specify a distributable file format / L4restricted
Finished ISR intelligence products and AI-assisted target detection/classification outputs; public pages do not specify a distributable file format / L4 / Restricted defense and sovereign mission offering via direct ICEYE engagement
Operator pricingPricing not publicly listed by operator
- [1]ICEYE launches five new satellites, Transporter-15operator press2026-05-24
- [2]ICEYE launches four satellites and Gen4 introductionoperator press2026-05-24
- [3]ICEYE Daily Coherent Ground Track Repeat announcementoperator press2026-05-24
- [4]ESA, ICEYE commercial satellites join Copernicus programmeagency doc2026-05-24