Business Finland backs Iceye with further €28.3 million grant

Enterprise Finland backs Iceye with additional €28.3 million grant

That is Finland’s public innovation company, and it’s the ultimate tranche of the entire funding (€33.8 million). Preliminary funding of €5.7 million was made in June 2025.

In keeping with the corporate, the Enterprise Finland funding will “speed up main advances in ICEYE’s know-how portfolio”. Particularly, R&D will give attention to enhancing ICEYE’s sensing capabilities, knowledge assortment, and AI-driven evaluation, it says.

ICEYE additionally says it’s collaborating with European C2 system integrators to advance multi-source knowledge fusion. This shall be for C4ISR methods (Command, Management, Communications, Computer systems, Intelligence, Surveillance, and Reconnaissance).

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Enterprise Finland

“Enterprise Finland helps bold danger‑taking and shares the chance. Funding is commonly supplied in stage,” mentioned Lassi Noponen, Director Common at Enterprise Finlands.

“The outcomes of the primary section of ICEYE’s giant mission have been achieved, and it’s nice to have the ability to transfer ahead with the continuation funding. This grant choice of €28 million is a testomony each to ICEYE’s capabilities and to the place of Finnish know-how improvement on the worldwide forefront.”

R&D

The corporate itself, highlighted the scaling of R&D in Finland.

“Enterprise Finland’s continued assist displays ICEYE’s sturdy execution and the progress achieved beneath the R&D program,” mentioned Pekka Laurila, Co-founder and Chief Technique Officer.

“Collectively, we’re strengthening Finnish experience, scaling home R&D, and accelerating applied sciences that improve nationwide resilience, situational consciousness and sovereign capabilities.”

SAR

ICEYE owns the world’s largest SAR satellite tv for pc constellation. Its software-defined satellites ship business imagery with decision as much as 16 cm. Its high-resolution field of vision extends to 400 km.

The corporate highlights its “end-to-end sovereign intelligence system”. This spans satellites, floor infrastructure, AI-enabled processing and analytics.

Word that the benefit of SAR imaging is it gives persistent situational consciousness: day or night time, in any climate.

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