ICEYE, an Aalto University spin-out based in Espoo, Finland, builds and operates synthetic aperture radar satellites that image through cloud and at night. In June 2026 it raised €450 million in primary Series F funding led by General Atlantic, at a valuation of over €10 billion.
At a glance
| Price from | Custom |
| Best for | Governments and insurers needing imagery through cloud and at night |
From ICEYE's own website.
What stands out
- Profitable, by its own figures
- Sells complete sovereign satellite systems
Worth knowing
- Demand weighted to government and defence
- Radar imagery needs specialist analysis
How it ranks
ICEYE is ranked 3rd of 10 in Best Earth Observation Satellite Companies (Lister Score 94.8).
#3 in Best Earth Observation Satellite Companies · Lister Score 94.8
ICEYE, based in Espoo, Finland, operates the largest synthetic aperture radar constellation, imaging through cloud and at night, and builds radar satellites for governments including Finland's defence forces.
ICEYE launched six new SAR satellites on SpaceX's Transporter-16 mission in March 2026..
| Rank | Best Earth Observation Satellite Companies | Score |
|---|---|---|
| 1 | Planet Labs | 97.3 |
| 2 | Vantor | 96.0 |
| 3 | ICEYE | 94.8 |
| 4 | Airbus Defence and Space | 93.5 |
| 5 | BlackSky | 92.2 |
| 6 | Capella Space | 90.9 |
| 7 | Umbra | 89.6 |
| 8 | Chang Guang Satellite Technology | 88.3 |
| 9 | Satellogic | 87.0 |
| 10 | Pixxel | 85.7 |
Frequently asked questions
How does ICEYE rank on Lister?
ICEYE is ranked 3rd of 10 in Best Earth Observation Satellite Companies (Lister Score 94.8).
Appears in
- #1 in Best Space Startups in Earth Observation · Startups
- #3 in Best Deep Tech Startups in Europe · Startups
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