ICEYE Successfully Completes its Largest Satellite Launch Ever, Placing Five New SAR Satellites into Orbit

The successful launch further expands the world’s largest SAR satellite constellation and includes the second and third satellites built, licensed and operated by ICEYE US.

HELSINKI, Finland and IRVINE, Calif. (ICEYE PR) — ICEYE, the global leader in persistent monitoring with radar satellite imaging and an expert in flood and natural catastrophe (NatCat) solutions, has successfully launched five new SAR satellites. All spacecraft were launched on SpaceX’s Falcon 9 smallsat rideshare mission via EXOLAUNCH from Cape Canaveral, Florida. Communication has successfully been established with each spacecraft. ICEYE and ICEYE US have now deployed 21 satellites since 2018, including both commercial and dedicated customer missions.

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Arturo and ICEYE Team Up to Bring Insurers Near Real-Time Flood and Property Damage Insights

The collaboration will combine SAR satellite imagery with property insights to enable insurers to respond to flood claims with greater efficiency and accuracy

CHICAGO & HELSINKI (Arturo PR) — Arturo, the proptech company that delivers intelligent analytics from individual property to portfolio, and ICEYE, a world-leading SAR data provider and expert in natural catastrophe solutions, announced today a partnership that will change what’s possible with insurance response to flood events. ICEYE’s near real-time flood imagery that provides flood depth, extent and duration data will combine with Arturo’s portfolio and property characteristics data to give insurers the ability to estimate and triage flood damages immediately following a flood event.

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ICEYE Announces Agreement with European Space Agency to Support Copernicus Emergency Services with Flood Insights

Leveraging the world’s largest synthetic aperture radar constellation, ICEYE will provide ESA with active flood hazard data before, during and after large-scale flood events

HELSINKI (ICEYE PR) — ICEYE, the global leader in satellite driven persistent monitoring and an expert in natural catastrophe solutions, today announced the start of a pilot activity with the European Space Agency (ESA) to support the Copernicus Emergency Management Services (CEMS) team with flood insights. Through the pilot, ICEYE will deliver critical flood impact information showing the extent and depth of flooding at the structure level to ESA and CEMS throughout 2022. The pilot will allow CEMS to evaluate ICEYE’s flood insights and explore potential applications.

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Neptune Flood and ICEYE Enter Strategic Collaboration on Flood Insights

ST. PETERSBURG, Fla. (Neptune Flood PR) — Neptune Flood, the first AI-driven flood insurance company to provide fast, easy, and superior flood insurance, has entered a strategic collaboration with ICEYE – an international, satellite imagery company providing earth observation data via the world’s largest synthetic-aperture radar (SAR) constellation. 

As part of the collaboration, ICEYE will provide Neptune Flood with high-resolution flood hazard data in the immediate aftermath of a flood event to enable monitoring of Neptune’s insured geolocations for micro changes in water depths around properties. The agreement also allows for exploration of future initiatives including triggers for parametric insurance products offered through Neptune’s Jumpstart brand. 

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Space Industry Launches Humanitarian Initiative to Support Ukraine

HERNDON, Va. (Space Industry for Ukraine PR) — Leaders of the space community today announced the Space Industry for Ukraine (SIFU), an initiative designed to fund and execute efforts that provide immediate humanitarian aid to the people of Ukraine. The initiative will be run by a steering committee, which includes HawkEye 360, National Security Space Association (NSSA), ABL Space Systems, ARKA, BlackSky, Capella Space, ICEYE, Insight Partners, Leidos, LeoLabs, Maxar, Raytheon Intelligence & Space, Rebellion Defense, Relativity Space, Riverside Research, Rocket Lab, Velos and Viasat. The steering committee will fundraise, select and monitor the execution of critical humanitarian projects throughout Ukraine and its neighboring countries. Additional participating donor companies include The Aerospace Corporation, Cognitive Space and Shield Capital.

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EigenRisk® Adds ICEYE’s Flood Insights to Its Global Catastrophe Risk Management Platform

HELSINKI, Finland, April 20, 2022 (ICEYE PR) – ICEYE, a world-leading SAR data provider and expert in environmental flood hazard data, and EigenRisk®, a leading and independent insurance technology platform provider, have today announced a new agreement to incorporate ICEYE’s unique flood insights for large-scale flood events into the EigenPrism® catastrophe risk management platform.

EigenPrism provides a single, cloud-based platform for catastrophe data, analytics, modeling and reporting. Spanning all major perils, the system is designed to support enhanced planning, monitoring and response capabilities for global catastrophes.

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Tokio Marine and ICEYE Announce Strategic Investment and Commercial Collaboration

Both companies will work together to develop new insurance products and services. Tokio Marine’s investment forms part of the wider Series D funding round during which ICEYE raised $136M.

HELSINKI, Finland, February 8, 2022 (ICEYE PR) – ICEYE,a world-leading synthetic aperture radar (SAR) data provider and expert in NatCat solutions, today announced that Tokio Marine Holdings (Tokio Marine) has made a strategic investment in the company as it looks to develop new insurance products and services that utilize satellite data. The announcement is part of ICEYE’s Series D funding round which was led by Seraphim Space and raised a total of $136M.

As part of the new alliance between the two companies, ICEYE and Tokio Marine will collaborate on a series of initiatives designed to facilitate the digital transformation of insurance claims capabilities and develop new insurance products and services to address the increasing frequency and severity of natural catastrophes and the growing impact of climate change.

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ICEYE Raises USD 136 Million in Series D Funding Round

HELSINKI, Finland, February 3, 2022 (ICEYE PR) – ICEYE, a world-leading SAR data provider and expert in NatCat solutions, today announced the closing of a $136M Series D funding round, led by long-standing investor Seraphim Space. New strategic investors to ICEYE also include BAE Systems and Kajima Ventures. In addition, Molten Ventures, OTB Ventures, True Ventures, C16 Ventures, Chione Ltd, Services Group of America, the UK’s National Security Strategic Investment Fund (NSSIF), Space Capital and Promus Ventures have also participated in the funding round. Morgan Stanley & Co. LLC served as placement agent for the transaction.

With this latest funding round, ICEYE has raised a total of $304M in financing since 2015. ICEYE owns and operates the world’s largest constellation of SAR satellites and the company has successfully launched 16 satellite missions in total since its first-ever spacecraft was placed into orbit only four years ago.

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Hat-trick for Exolaunch with SpaceX Transporter Missions

  • Exolaunch’s Most Technologically and Geographically Diverse Mission of Smallsats Launched via SpaceX’s Transporter-3 Rideshare Mission
  • Company Completed International Launch Campaign for 29 Satellites, Including Microsatellites, Cubesats up to 16U and PocketQubes
  • New and Returning Customers from Four Continents and Seventeen Countries

CAPE CANAVERAL, Fla., & BERLIN, Germany, January 27, 2022 (Exolaunch PR) – In its third dedicated rideshare mission with SpaceX, Exolaunch, the leading global provider of launch, in-space logistics and deployment services, successfully integrated and launched 29 small satellites from customers across the globe. The company’s rideshare clusters aboard the SpaceX  Transporter-3 mission were an amalgamation of microsats, cubesats (up to 16U) and PocketQubes. The combination of customers from 17 countries across four continents, and an unprecedented number of very sophisticated payloads made it the most technologically rich and geographically spread integration effort for the company yet.

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ICEYE US Wins Contract To Participate in National Reconnaissance Office’s Broad Agency Announcement For Commercial Radar

IRVINE, Calif., January 20, 2022 (ICEYE PR) – ICEYE US, a subsidiary of ICEYE, the global leader in persistent Earth monitoring with radar satellite imaging, announced today that it has received a contract from the National Reconnaissance Office (NRO). This contract enables ICEYE US to participate in the NRO’s evaluation of commercial remote sensing companies operating synthetic aperture radar (SAR) satellites.

With a focus on modeling and simulation, ICEYE US will support NRO’s detailed assessment of imaging modes, image quality, geolocation accuracy and coverage among other important technical parameters. The contract represents a critical step in NRO’s plan to leverage next generation commercial radar providers to deliver innovative, resilient, and responsive satellite imagery for intelligence, defense, and humanitarian efforts.

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NRO Awards Five Contracts for Commercial Radar Capabilities on a Rapid Procurement Timeline

WASHINGTON (NRO PR) — The National Reconnaissance Office (NRO) announced the award of five contracts for commercial radar capabilities under the agency’s new Strategic Commercial Enhancements Broad Agency Announcement (BAA) Framework. Companies receiving contracts are Airbus, U.S.; Capella Space; ICEYE, U.S.; PredaSAR; and Umbra.

“We are very pleased with the response to the first focus area under our new BAA,” said Dr. Chris Scolese, NRO director, who announced the release of the BAA acquisition just three months ago. “We know that users across the National System for Geospatial Intelligence are eager to explore commercial radar, and these contracts will allow us to rapidly validate capabilities and the benefits to the national mission.”

The Strategic Commercial Enhancements BAA Framework is designed to reach across disciplines and the global commercial remote sensing market to drive innovation, explore new phenomenologies, and ultimately, to ensure that the U.S. government has access to the best available commercial remote sensing capabilities.

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ICEYE Expands World’s Largest SAR Satellite Constellation; Launches First U.S.-built Spacecraft

ICEYE successfully launched its fifteenth and sixteenth synthetic aperture radar (SAR) satellites into orbit, including the first satellite built, licensed and operated by ICEYE US.

IRVINE, Calif., January 13, 2022 (ICEYE PR) – ICEYE, the global leader in persistent monitoring with radar satellite imaging and an expert in NatCat solutions, has successfully launched two new SAR satellites into orbit. The launch included the first satellite built, licensed and operated by ICEYE US. Both satellites were launched on the SpaceX Transporter-3 smallsat rideshare mission with Exolaunch from Cape Canaveral, Florida. Communication has successfully been established with each spacecraft. In total, ICEYE has now deployed 16 satellites since 2018, including both commercial and dedicated customer missions.

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ICEYE and U.S. Army to Pursue Collaborative Research and Development

IRVINE, Calif., November 18, 2021 (ICEYE PR) – ICEYE, the global leader in persistent monitoring with radar satellite imaging, announced today that it has entered into a cooperative research and development agreement (CRADA) with the U.S. Army’s Space and Missile Defense Technical Center (SMDTC) to advance state-of-the-art Earth observation technology in support of U.S. Army missions.

This joint R&D effort will explore low-cost, on-orbit, synthetic-aperture radar (SAR) related concepts. The areas of interest include exploration of cost-effective SAR systems including imagery tasking and uplink, SAR satellite downlink and ground station(s), image processing, and image dissemination as these abilities relate to U.S. Army and other DoD requirements more broadly. Emphasis will be placed on significant data latency reduction between the sensor and the shooter, as well as interfacing with the U.S. Army’s current Common Ground Terminal (CGT) and the future Tactical Intelligence Targeting Access Node (TITAN), a mobile ground station system that’s currently under development.

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Aon and ICEYE Launch Solution to Better Manage Climate Risks in Japan

HELSINKI, Finland, November 17, 2021 (ICEYE PR) – ICEYE, the global leader in persistent monitoring with radar satellite imaging and a provider of flood hazard data, today announced a new collaboration with Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, to provide insurers with flood hazard data following severe flooding events in Japan, helping them to reduce volatility and better understand the post-event impact on their portfolios.

According to the Japan Meteorological Agency (JMA), Japan experiences an average of three typhoon landfalls and several flood events annually. In 2018 and 2019, the country was subject to three of the five largest wind and flood insurance losses in Japan’s history, with insurers settling claims of more than $30 billion over the two-year period.

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G42 and ICEYE Sign MOU to Collaborate and Develop Advanced SAR Products

The partnership builds on a recent agreement between G42 and Yahsat to develop geospatial analytics-as-a-service and data fusion of different sensor modalities.

Dubai, UAE, November 17, 2021 (ICEYE PR) – G42, the leading Abu Dhabi-based artificial intelligence and cloud computing company and ICEYE, a Finnish Synthetic-Aperture Radar (SAR) satellite and analytics provider, have signed a Memorandum of Understanding (MoU) to collaborate on developing advanced SAR products.

The collaboration was formalized at a signing ceremony by Talal Al Kaissi, VP of the G42 Space Program and Jamil Kawar, Director of Global Sales at ICEYE, on the sidelines of the Dubai Airshow.

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