ICEYE strengthens Ukraine’s satellite communications ambitions while expanding wildfire monitoring capabilities

ICEYE, a Finnish synthetic aperture radar satellite company, closed a €450 million Series F round in June 2026 and secured an additional €300 million revolving credit facility in May. The funding round supports expansion into sovereign satellite communications (via a partnership with Nokia and Ukraine's Ministry of Defence) and wildfire intelligence (through collaboration with German startup OroraTech). The article also highlights a broader wave of European SpaceTech funding across 2026, totaling approximately €643 million including ICEYE's primary round.

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