Tag: SAR satellites
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ICEYE Raises €450 Million at Valuation Exceeding €10 Billion in Major Defence and Space Funding Round
Finnish space technology company ICEYE has raised €450 million in a Series F funding round, valuing the company at more than €10 billion and marking one of the largest private financings in Europe’s defence and space sectors. The funding round was led by General Atlantic and includes participation from a group of new and existing…
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France Awards €50 Million SAR Demonstrator Contract to Loft Orbital-Led Consortium
CNES has awarded a contract to a consortium led by Loft Orbital to develop a synthetic aperture radar (SAR) imagery demonstrator, a project designed to strengthen France’s sovereign radar imaging capabilities and establish a national radar imaging value chain, the companies said. The project, known as DESIR (Démonstrateur des Éléments Souverains en Imagerie Radar), is…
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France Awards Loft Orbital €50 Million Contract for First Sovereign SAR Satellite
French satellite manufacturer Loft Orbital has secured a contract worth nearly €50 million ($58.6 million) from the French military to deliver the country’s first sovereign synthetic-aperture radar (SAR) satellite capability, the company said on Tuesday. The award forms part of France’s DESIR programme — short for Demonstrator of Sovereign Radar Imaging Elements — which aims…
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ICEYE and Swedish Space Corporation Sign LOI to Strengthen Nordic and NATO Space-Based ISR Capabilities
ICEYE, a global operator of Synthetic Aperture Radar (SAR) satellites, and Swedish Space Corporation (SSC) have signed a Letter of Intent (LOI) to explore closer cooperation on space-based capabilities for Nordic nations and NATO, the companies said. The LOI was signed at the NATO Arctic Space Forum in Helsinki and reflects deeper strategic alignment between…