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.

• UK’s first Defence Space Strategy published today to address growing threats
• £1.4 billion invested in cutting-edge technology to protect UK interests in space
• UK will strengthen partnerships with key allies and NATO to build stability and resilience

LONDON (Ministry of Defence PR) — The UK will invest £1.4 billion [US $1.9 billion] to bolster our national interests in space, as part of the first Defence Space Strategy published today.

Following publication of the National Space Strategy in September last year, the Defence Space Strategy (DSS) outlines how Defence will protect the UK’s national interests in space in an era of ever-growing threats, stimulating growth across the sector and supporting highly skilled jobs across the UK.