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ICEYE's valuation reaches €10bn following a €450mn Series F round led by General Atlantic. The Finnish satellite firm now operates 70+ synthetic-aperture radar satellites capable of day-night, cloud-penetrating imaging. Revenue hit €250mn in 2025, EBITDA reached €100mn, and order backlog exceeds €1.5bn. Seven governments including Poland have purchased sovereign reconnaissance systems.
ICEYE closed a €450M Series F round led by General Atlantic at a €10B valuation. The round includes €200M sovereign satellite delivery to Poland, 70+ satellites in orbit, €250M revenue, €100M EBITDA, and €1.5B order backlog. The company now operates the world's largest SAR constellation with 4th-gen satellites delivering 25cm resolution images via software updates.
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