Finnish SpaceTech firm ICEYE right this moment introduced that it has secured a €300 million 3-year dedicated revolving credit score facility (RCF) to help the issuance of ensures for buyer contracts, allow continued enterprise development, and function a liquidity backstop.
The RCF is backed by a seven-bank syndicate comprising Nordic, regional and international relationship banking companions. The complementary capabilities and collective working footprint of the financial institution group are strategically aligned with ICEYE’s international enlargement plan into new key markets, says ICEYE. Citi and Danske Financial institution acted as Joint International Coordinators and Mandated Lead Arrangers
“2025 was a defining yr for ICEYE as we scaled income, profitability, and money era concurrently. The RCF origination displays continued confidence in ICEYE’s enterprise and demonstrates our means to entry numerous sources of capital to help fast international development. It additionally enhances our monetary flexibility as demand for sovereign intelligence capabilities continues to develop exponentially,” stated John Lauria, International Head of Treasury, ICEYE.
Based in 2015, ICEYE delivers persistent monitoring capabilities to detect and reply to adjustments in any location on Earth. It owns the world’s largest and most superior SAR (artificial aperture radar) satellite tv for pc constellation.
It delivers high-quality intelligence to its prospects with low latency and fast revisit occasions, no matter climate or time of day. For governments working the corporate’s personal constellations, it gives this functionality as a sovereign system. ICEYE-built constellations serve prospects in defence and intelligence, environmental monitoring, insurance coverage and emergency administration.
Earlier this month, the corporate formally handed over MikroSAR, Poland’s sovereign radar satellite tv for pc reconnaissance system, to the Polish Armed Forces lower than 12 months after contract signing.
In March 2026, ICEYE efficiently launched and deployed six new 25 cm decision SAR satellites into orbit. The satellites had been built-in by Exolaunch and efficiently launched on March 30, 2026, aboard SpaceX’s Transporter-16 rideshare mission from Vandenberg Area Pressure Base, California, USA.
In January 2026, ICEYE and the Swedish Defence Materiel Administration (FMV) signed a contract to ship sovereign SAR techniques for the Swedish Armed Forces. Previous to this, in December 2025, Rheinmetall and ICEYE secured a €1.7 billion space-based reconnaissance contract. As a part of this contract, Rheinmetall ICEYE Area Options will provide the German Armed Forces with space-based reconnaissance knowledge by way of unique entry to an artificial aperture radar (SAR) satellite tv for pc constellation.
In November 2025, Rheinmetall and ICEYE established their three way partnership, Rheinmetall ICEYE Area Options GmbH, primarily based in Neuss, Germany.
ICEYE additionally famous that the RCF enhances its place after a powerful monetary and operational efficiency in 2025, throughout which the corporate doubled in dimension. ICEYE anticipates comparable development in 2026. ICEYE operates globally with over 1,000 staff throughout Poland, Spain, the UK, Australia, Japan, the UAE, Greece, and the US.
