The escalating use of drones in combat is creating demand for a supply chain for uncrewed aircraft production that can meet security and sovereignty concerns.
Finnish satellite manufacturer ReOrbit has raised €45 million in a Series A funding round, one of the largest European space deals of the year thus far.
Iceye is expanding its synthetic aperture radar satellite product line with an ISR cell to aid use of the overhead imagery in a tactical military context.
The Finnish government and local satellite-maker Iceye have signed an agreement for the country’s defense forces to field an SAR satellite constellation.
A Finnish company backed by a consortium including Finnair is to set up an electro-synthetic aviation fuel (e-SAF) pilot production scheme in the Nordic nation.
A Slovakian-led research project to develop a hydrogen-powered vertical-takeoff-and-landing aircraft has been approved to receive almost €60 million ($69 million) in European Union funding.
Finland says it will acquire synthetic aperture radar satellites from Iceye, continuing the steady drumbeat of European countries buying into that capability.
Finnish satellite-maker Iceye says it will invest more than $287 million to scale up its SAR spacecraft production capacity and speed technology developments.
Portugal has agreed to buy an SAR satellite from Iceye, becoming the latest European state to invest in building up its military Earth-observation capability.
Iceye is expanding its international partnerships through a deal with IHI Corporation that would lead to synthetic aperture radar (SAR) satellite production in Japan.
Capacity between Taiwan and Europe has been steadily expanding in recent years, and new air service agreements with Finland and Italy could provide momentum.
