Luxembourg, 2 April 2021. – The Earth monitoring start-up ICEYE signed contracts totalling € 42 million final yr for radar satellite tv for pc imaging companies, options, and satellite tv for pc missions, the corporate stated – ten occasions greater than within the earlier yr.
Ten new satellite tv for pc missions are deliberate for 2021 to satisfy the rising buyer demand for knowledge, the corporate based mostly in Helsinki, Finland, stated, growing its unique forecast. The following launch is deliberate for mid-2021, together with a next-generation satellite tv for pc with new and modern capabilities.
“With these new launches, ICEYE strengthens its supply of best-in-class persistent monitoring companies for its prospects,” the corporate stated.
The contracts totalling €42 million had been signed with prospects in governments and within the industrial sector serving a number of vertical markets, ICEYE stated.
The corporate just lately introduced a partnership with the worldwide reinsurer Swiss Re, enabling it “to generate quick and correct portfolio and event-level loss numbers for the trade”.
ICEYE sees itself as „a pioneer in creating options related for pure disaster response with satellite tv for pc imaging augmented with third-party knowledge and real-time flood evaluation”.