➀ Iceye, a Finnish specialist in satellite-based SAR imagery, has raised an additional $65 million in funding. This brings the total raised in 2024 to $158 million, and over $500 million since its founding in 2014. The funds will be used to address the growing demand for space-based technology in defense and ISR markets. ➁ The latest round of funding includes participation from Solidium Oy, a Finnish state-owned investment company, and other investors. ➂ The funding round extension indicates a strong momentum for Iceye’s growth and investment in its capabilities.
Recent #ISR news in the semiconductor industry
➀ Viasat is introducing Enhanced LAISR, an L-band service for airborne, maritime, and mobile land users, aimed at governmental organizations. It is designed to meet the increased demand for crewed and uncrewed ISR missions.
➁ Enhanced LAISR is supported by new Enhanced L-band Maritime Antenna (ELMA) and LAISR-COTM terminals. It connects through Satellite Access Stations and the company’s secure MPLS network.
➂ Viasat also secured a contract to provide network services for the U.S. Army’s Blue Force Tracker (BFT) programme, enhancing situational awareness and information sharing among military forces.