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

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

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

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

  • 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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