Espoo, Finland-based ICEYE, a microsatellite manufacturer and operator, announced that it has signed an agreement with the Ministry of National Defence of the Republic of Poland.
This agreement involves delivering an initial batch of three ICEYE Synthetic Aperture Radar (SAR) satellites to the Polish Armed Forces.
Additionally, there is an option to purchase three more satellites and further ground segment capabilities within the next 12 months as part of the Polish Armed Forces’ MikroSAR program.
As part of the agreement, ICEYE will also partner with local industry to provide the Polish Armed Forces with a mobile Intelligence, Surveillance and Reconnaissance (ISR) platform that provides near real-time tasking, data downloads, and analysis.
The total value of the agreement is approximately €200M. The implementation of the agreement commences immediately.
This agreement strengthens ICEYE’s role as a top provider of SAR satellites for military and civilian use worldwide. ICEYE’s SAR satellites provide round-the-clock monitoring of specific locations on Earth, no matter the time or weather.
“This is a great day for the Polish Armed Forces and Poland because they are gaining full independence in radar reconnaissance and imaging. We are proud that a Pole founded a company like ICEYE. We are also certain that we are acquiring the absolute best capabilities in the world. Freedom and independence will only be defended by sovereignty and innovation, and the applications of the technology acquired today have military significance, but also economic applications,” says Władysław Kosiniak-Kamysz, Deputy Prime Minister and Minister of Defence of the Republic of Poland.
The announcement comes five months after securing €62M in extension to the existing growth round.
ICEYE: Operates the world’s largest synthetic aperture radar (SAR)
Founded in 2015 by Pekka Laurila and Rafal Modrzewski, ICEYE is a high-growth technology company designing, manufacturing, and selling SAR satellites and providing imaging data, analytics, and solutions based on its satellite constellation.
In addition, the company is developing novel technologies and solutions revolving around providing their customers with a wide capabilities for near real-time imaging and analysis.
This allows access to actionable data day or night, even in challenging environmental conditions, supporting critical applications like environmental monitoring and disaster response.
The company partners with governments and commercial industries, providing intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance.
The Finnish company operates internationally with offices in Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the US.
ICEYE owns and operates the world’s largest constellation of SAR satellites, providing unlimited global access and the highest revisit frequency available on the market.
ICEYE’s SAR satellites provide the industry’s highest resolution of 25 cm, allowing for accurate object detection and situational awareness regardless of weather and lighting conditions.
To date, ICEYE has launched 48 satellites for its own and its customers’ use.
“ICEYE is proud to strengthen defence capabilities in Poland with cutting-edge SAR satellites. Our advanced, operationally proven satellite system provides actionable intelligence for resilience, readiness, and response, and enables informed and rapid decision-making in an increasingly complex and uncertain world. As a European provider, ICEYE is ideally positioned and ready to provide sovereign reconnaissance systems for ISR activities. The ICEYE system is engineered to also enable sharing capacity and cross-tasking with other nations, if so desired, to optimise the use of the combined fleets for enhancing collective space defence capabilities of European and allied nations,” says Rafał Modrzewski, CEO and Co-founder of ICEYE.
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