Finnish satellite startup ICEYE, which was cofounded by a ForbesUnder30 alum, is moving further into the lucrative Asian space market
ICEYE signed a memorandum of understanding with Asia Pacific Satellite Inc. to provide synthetic-aperture radar data for the South Korean market, the companies announced Wednesday . SAR is a crowded competitive space, with key companies including SpaceX, Rocket Lab, Planet, BlackSky Global, Satellogic, and UrtheCast. This technology allows satellites to peer beneath the clouds and to take images even in poor weather.
"ICEYE is the only company in the world to be able to revisit locations of interest with such reliability so often," he said."Companies and governments need reliable information if they intend to use it in their everyday problem-solving. SAR provides unmatched reliability, as you're not dependent on if there are clouds blocking your view for your satellites -- SAR goes right through clouds.
and has raised $65 million"due to our successful missions", Modrzewski said. As for growth, the company's workforce stands at about 100 people, up from 30 two years ago. There are also 30 job listings open at the moment, Modrzewski said.
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