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Home COUNTRY DACH

Finland’s ICEYE expands SAR satellite programs across Europe and Asia amid rising demand for space-based surveillance

Arctic Startupby Arctic Startup
May 26, 2025
Reading Time: 9 mins read
in DACH, FRANCE, PRIVATE DEBT, SCANDINAVIA&BALTICS
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ICEYE, a Finland-based leader in Synthetic Aperture Radar (SAR) satellite technology, is undergoing a significant phase of global expansion through a series of strategic agreements and initiatives aimed at strengthening space-based surveillance, defense autonomy, and geospatial intelligence capabilities in key allied nations. Over the past month, the company has announced major developments in Germany, Poland, Greece, France, and Japan—each reflecting a growing international reliance on SAR technology for national security, situational awareness, and resilience in complex geopolitical environments.

ICEYE operates the world’s largest commercial Synthetic Aperture Radar (SAR) satellite constellation, delivering high-resolution, all-weather Earth observation data in near real-time. Its technology supports a wide range of applications including defense, disaster response, insurance, maritime monitoring, and environmental assessment by providing reliable geospatial intelligence regardless of weather or lighting conditions. Serving governments and commercial clients worldwide, ICEYE’s global network of offices and over 700 employees work to advance Earth observation as a critical tool for situational awareness, resilience, and informed decision-making.

Germany: Joint Venture for Satellite Manufacturing

ICEYE, IHI
Credit: ICEYE

In Germany, ICEYE has partnered with Rheinmetall, a major defense contractor, to establish a satellite joint venture. Announced in May, the new company—Rheinmetall ICEYE Space Solutions—will be 60% owned by Rheinmetall and 40% by ICEYE. It is expected to manufacture SAR satellites in Germany beginning in 2026.

The project is part of Rheinmetall’s newly formed “Space Cluster” initiative and aligns with broader European efforts to secure domestic production capacity in critical technologies, including military-grade Earth observation. The joint venture follows previous cooperation, including ICEYE’s provision of satellite imagery in support of Ukraine, funded by the German government.

Poland: Procurement of National SAR Constellation

ICEYE, Ministry of National Defense of the Republic of Poland
Credit: ICEYE, Ministry of National Defense of the Republic of Poland. From left to right: Sławomir Obszyński, CEO of WZŁ-1; Rafał Modrzewski, CEO & Co-founder, ICEYE; Brig. Gen Artur Kuptel, Head of the Polish Armaments Agency

In April, Poland’s Ministry of National Defence signed a €200 million agreement with ICEYE for the delivery of three SAR satellites, with the possibility of expanding the constellation to six. The program includes satellite manufacturing, ground infrastructure, and training components. The objective is to provide Poland with independent reconnaissance capabilities for military and civil applications.

Officials in Warsaw have described the move as part of a broader modernization plan to improve situational awareness, particularly in the context of evolving regional security concerns. The agreement allows for flexible data sharing with allied nations, indicating potential interoperability within NATO frameworks.

Greece: Satellite Assembly and Office Launch

ICEYE
Credit: ICEYE. FRom left to right: Konstantinos Karantzalos, Secretary General Ministry of Digital Governance; Dimitris Papastergiou, Minister of Digital Governance; Rafal Modrzewski, CEO and Co-founder of ICEYE; Vasilis Chaloulakos, Head of ICEYE Greece.

ICEYE has also announced a formal entry into the Greek market through the establishment of a local office and satellite assembly facility in Athens. The effort is linked to Greece’s National Satellite Program – Axis 1.2, which includes plans for two SAR satellites to serve public-sector users. Local infrastructure development and personnel recruitment are underway, with stated goals including capacity building and technical self-sufficiency.

The Greek government views this initiative as a step toward establishing national space capabilities. The project is also intended to increase domestic participation in the European space sector.

France: Collaboration on AI-Integrated Intelligence Tools

ICEYE, Safran
Credit: ICEYE, Safran

In France, ICEYE has entered into a long-term collaboration with Safran.AI, a subsidiary of the French technology group Safran. The partnership will focus on combining SAR data with artificial intelligence tools for government applications. The goal is to enhance real-time geospatial intelligence by integrating radar and optical imagery using automated analysis systems.

According to statements from both companies, this initiative is aimed at streamlining defense and border-monitoring workflows. No financial terms were disclosed, and the system is currently under development.

Japan: Industrial Partnership for Satellite Constellation

ICEYE, IHI
Credit: ICEYE. In the photo, from left to right: Otso Ojanen, Senior Vice President, Satellite Missions Line of Business at ICEYE, and Atsushi Sato, President of Aero Engine, Space & Defense Business Area at IHI

In the Asia-Pacific region, ICEYE has signed a memorandum of understanding with Japan’s IHI Corporation to develop a domestic SAR satellite constellation. The proposed 24-satellite system is intended to serve national security and industrial applications. The agreement includes plans for local satellite manufacturing in Japan.

The announcement was made during the DSEI Japan defense trade show and follows earlier collaboration between the two companies. The plan is consistent with Japan’s stated interest in reducing dependency on foreign surveillance assets as outlined in its current national defense strategy.

The recent series of international agreements highlights a growing emphasis among multiple states on sovereign satellite capabilities, particularly for defense, disaster response, and border monitoring. SAR satellites, which can capture imagery regardless of weather or lighting conditions, are viewed by many governments as strategic assets in an increasingly complex geopolitical landscape.

ICEYE, which began as a Finnish startup in 2014, currently operates the largest commercial SAR satellite constellation, with 48 units in orbit. The company’s recent activities suggest increasing demand for independent Earth observation systems, particularly within NATO-aligned and Indo-Pacific countries.

These developments come amid heightened global interest in dual-use satellite technologies, with governments seeking to balance commercial partnerships with strategic autonomy.

Click here to read more news about partnerships.

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Read the orginal article: https://arcticstartup.com/iceye-expands-sar-satellite-programs/

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