The acquisition includes satellites and technical systems required to establish a sovereign, space-based surveillance capability. ICEYE’s satellites provide high-resolution imagery in all weather and light conditions, which is essential for reliable situational awareness.
Pekka Laurila, Co-founder and CSO at ICEYE, said: “This agreement is a testament to the trust and shared vision between ICEYE and the Finnish Defence Forces. It marks a pivotal moment, transitioning from intent to a tangible commitment that will equip Finland with a sovereign, space-based intelligence capability. We are proud to provide the technology that will not only secure Finland’s position as a leader in this critical domain but also form the foundation for a long-term partnership that will enhance the collective security of its allies.”
The total value of the acquisition is around 158 million euros, including options for lifecycle extensions and system expansion. The initiative also strengthens ICEYE’s role as a defence partner and supports its ambition to become the leading provider of ISR infrastructure for allied nations.
ICEYE operates the world’s largest SAR satellite constellation, with 54 satellites launched to date. Its systems deliver 25 cm ground resolution and the highest revisit frequency on the market, enabling precise detection and monitoring for defence and security applications.
