Tag: Rafal Modrzewski

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

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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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Spotlight on Climate and the New Space Economy

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Kicking off with a bold flourish, Φ-week 2021 promises to bring space even closer to the forefront of addressing society’s biggest challenges, namely issues associated with the climate crisis, while boosting the economy through transformative New Space, artificial intelligence, and quantum and cognitive computing. (Credit: V. Stefanelli)

PARIS (ESA PR) — Kicking off with a bold flourish, Φ-week 2021 promises to bring space even closer to the forefront of addressing society’s biggest challenges, namely issues associated with the climate crisis, while boosting the economy through transformative New Space, artificial intelligence, and quantum and cognitive computing.

ESA’s Φ-week is now in its fourth edition, and each year this forward-looking event is increasingly relevant to society, business and the economy.

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ICEYE Named as a Contributing Mission to Europe’s Copernicus Satellite Imaging Programme

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HELSINKI, Finland, October 12, 2021 (ICEYE PR) – ICEYE, the global leader in persistent monitoring of the Earth with radar satellite imaging, today announced the signature of an agreement to become a Contributing Mission to the Copernicus Programme, the largest satellite Earth observation programme in the world. Copernicus services will now receive access to ICEYE’s synthetic-aperture radar (SAR) imagery that can be used to enhance public safety, border control, security and maritime domain awareness.

The Copernicus Contributing Mission Activity, as part of the Copernicus Programme, is managed by the European Space Agency (ESA) on-behalf of the European Commission. The activity aims to provide very high resolution optical and SAR commercial satellite imagery from mission partners for use by the six Copernicus services and mainly by the Land, Emergency, Security and Marine services. These services are the primary users while other users, such as public authorities in Europe, can also benefit from the data. The new partnership with ICEYE will be funded by the European Commission and operated by ESA.

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ICEYE First in the World to Achieve Revolutionary Daily Coherent Ground Track Repeat

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Port of Rotterdam (Credit: ICEYE)

ICEYE’s new radar satellite imaging capability allows coherent change detection every 24 hours of selected locations, which further enables automated persistent monitoring. This capability complements the frequent access radar satellite imaging that ICEYE has been delivering for several years.

HELSINKI, Finland, July 6, 2021 (ICEYE PR) – ICEYE, the global leader in persistent monitoring with radar satellite imaging, announced today the achievement of Daily Coherent Ground Track Repeat (GTR) imaging with ICEYE radar satellites. This new, world-first capability enables detecting everything from large changes, such as monitoring if ships have moved, all the way to such detailed changes on-ground that a person on-site would not be able to recognize. The data enables performing Coherent Change Detection (CCD) every 24 hours, which has use cases in detailed monitoring of patterns of life, site activity, ground subsidence, infrastructure integrity, construction, and more.

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ICEYE Reports Contracts Valued at $50M in 2020, Announces New Launches to Meet Growing Demand

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ICEYE Adds Key Executives to Leadership Team as Growth Accelerates

HELSINKI, Finland, March 31, 2021 (ICEYE PR) – ICEYE, the global leader in persistent monitoring of the Earth with radar satellite imaging, announced today $50M in signed contracts last year for radar satellite imaging services, solutions, and satellite missions. This represents nearly 10X growth from the previous year. ICEYE’s real-time Earth observation capabilities transform existing businesses and government processes by adding substantial efficiency with specific knowledge about ongoing events around the globe. Ten new satellite missions are planned for 2021 to meet growing customer demand for data.

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ICEYE’s 3 Newest Satellites From Late January Launch Return First Radar Images

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San Diego (Credit: ICEYE)

ICEYE is currently delivering SAR Data Services from the world’s most advanced radar imaging satellite constellation designed for Persistent Monitoring. Data from these new spacecraft will be available to customer orders after further calibration.

HELSINKI (ICEYE PR) – ICEYE, the global leader in persistent monitoring with radar satellite imaging, published today its first set of images from the three ICEYE SAR satellites launched at the end of January by the SpaceX Transporter-1 mission. All three spacecraft have successfully completed initial operations and are now progressing through the calibration process.

Once the calibration stage and final preparations are completed, the spacecraft will become commercially available for customers to order images. Radar satellite imaging is used to monitor locations of interest both day and night, and even through cloud cover.

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ICEYE US Hires New CEO, Ramps Up American Manufacturing and Operations

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WASHINGTON, D.C., October 29, 2020 (ICEYE PR) – ICEYE, the global leader in small satellite synthetic-aperture radar (SAR) technology, today announced that Jerry Welsh, who joined ICEYE in 2017 as COO/CFO, will take on the CEO role for ICEYE US.

Welsh, an operations and technology expert who specializes in scale-up strategy recently oversaw the completion of ICEYE’s $87 million Series C financing. He will lead a team focused on deploying capital to scale operations and serve the needs of US customers.

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ICEYE Shares Nearly 18,000 Satellite Image Catalog Under Creative Commons License

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An example of a thumbnail from the ICEYE Public Archive. This radar image of Suvarnabhumi Airport, Bangkok, Thailand, was acquired on 9th of August 2020, in Spotlight High imaging mode, with an ICEYE SAR satellite. (Credit: ICEYE)

ICEYE offers public access to the rapidly growing archive of radar satellite imagery acquired with the company’s SAR satellite constellation.

HELSINKI, Finland (ICEYE PR) – Finnish New Space leader ICEYE has announced access to ICEYE’s Public Archive, containing nearly 18,000 images from ICEYE satellites. The ICEYE Public Archive includes radar imagery in various imaging modes taken with ICEYE’s SAR satellite constellation between mid-2019 and now. The ICEYE Public Archive consists of preview images from around the world, which are released under CC BY-NC 4.0 license, allowing for non-commercial use.

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ICEYE Raises $87 Million Series C Round to Expand Radar Imaging Services

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Helsinki, FINLAND – September 22, 2020 – ICEYE, a World-leading SAR data provider, today announced the closing of a larger than planned $87M Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.

ICEYE has so far successfully launched 5 satellite missions, starting with the first ever small SAR satellite launched in January 2018. The company is launching 4 additional SAR satellites this year and is on course to launch at least an additional 8 in 2021. This will grow the existing operational constellation into a capability that is unique in the World. To date, ICEYE has raised a total of $152M in financing.

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OTB Ventures Launches OTB Space Program I, Investing in ICEYE’s $87 Million C Round

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  • Newly launched space investment program supports $87m series C funding round for ICEYE
  • Builds on OTB Ventures alliance with Draper Venture Network

AMSTERDAM, 22 September 2020 – OTB Ventures, a leading venture capital firm specialized in investments in technology companies originating in Central and Eastern Europe (CEE), today announces the launch of a dedicated investment vehicle to support Europe’s leading space technologies – OTB Space Program I – backed by the European Investment Fund and the European Commission through the InnovFin for Equity programme.

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