ICEYE
Radar imaging satellites and data
Ranked #1 in Best Space Startups in Earth Observation, and on 1 more ranking.
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 1st of 10 in Best Space Startups in Earth Observation (Lister Score 97.1) and 3rd of 10 in Best Deep Tech Startups in Europe (Lister Score 94.7).
#1 in Best Space Startups in Earth Observation · Lister Score 97.1
ICEYE, founded in 2014 and based in Espoo, Finland, builds and operates synthetic aperture radar satellites that image the Earth through cloud and at night, and sells radar data and satellites to governments and businesses. It raised €450 million in primary Series F funding led by General Atlantic in June 2026, at a valuation above €10 billion.
ICEYE launched six new SAR satellites on SpaceX's Transporter-16 mission in March 2026..
| Rank | Best Space Startups in Earth Observation | Score |
|---|---|---|
| 1 | ICEYE | 97.1 |
| 2 | Muon Space | 95.8 |
| 3 | Open Cosmos | 94.6 |
| 4 | Umbra | 93.3 |
| 5 | Pixxel | 92.0 |
| 6 | EarthDaily Analytics | 90.7 |
| 7 | Hydrosat | 89.4 |
| 8 | SatVu | 88.1 |
| 9 | constellr | 86.8 |
| 10 | Wyvern | 85.5 |
#3 in Best Deep Tech Startups in Europe · Lister Score 94.7
ICEYE says it passed €250 million in revenue in 2025, with more than €100 million in EBITDA..
| Rank | Best Deep Tech Startups in Europe | Score |
|---|---|---|
| 1 | Helsing | 97.1 |
| 2 | Wayve | 95.9 |
| 3 | ICEYE | 94.7 |
| 4 | Quantum Systems | 93.4 |
| 5 | NEURA Robotics | 92.2 |
| 6 | Proxima Fusion | 90.9 |
| 7 | Isar Aerospace | 89.6 |
| 8 | The Exploration Company | 88.4 |
| 9 | IQM Quantum Computers | 87.1 |
| 10 | Verkor | 85.8 |
Frequently asked questions
How does ICEYE rank on Lister?
ICEYE is ranked 1st of 10 in Best Space Startups in Earth Observation (Lister Score 97.1) and 3rd of 10 in Best Deep Tech Startups in Europe (Lister Score 94.7).
Appears in
Best Space Startups in Earth Observation
1ICEYE97.12
Muon Space95.83
Open Cosmos94.6RANKINGfull ranking →STARTUPSVERIFIEDBest Deep Tech Startups in Europe
1
Helsing97.12
Wayve95.93ICEYE94.7RANKINGfull ranking →- #3 in Best Earth Observation Satellite Companies · Deep Tech
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