Finnish start-up ICEYE, which has actually been constructing out and operating a constellation of Synthetic-Aperture Radar(SAR)small satellites, has raised an$87 million Series C round of funding. This round of financing was led by existing financier Real Ventures, and includes involvement by OTB Ventures, and it brings the overall funding for ICEYE to$152 million given that its starting in 2014. ICEYE has actually currently launched an overall of 5 SAR satellites, and will be introducing an addition four later on this year, with a strategy to add 8 more throughout 2021. Its SAR satellites were the first ever

little satellites with SAR imaging abilities, and it constructed the spacecraft and designed in-house. SAR imaging is innovative due to the fact that it utilizes relatively small actual physical antennas, integrated with fast motion across a targeted imaging area, to produce a much larger synthetic aperture than the physical aperture of the radar antenna itself– which in turn implies it’s capable of producing really high-resolution, 2 -and three-dimensional images of things and areas. ICEYE has actually been able to acquire a variety of achievements, including record-setting 0.25 meter resolution for a little SAR satellite, and record turnaround time in regards to capture data delivery, reaching just 5 minutes from when data starts its downlink

connection to ground stations, to really having processed images readily available for customers to utilize by themselves systems. The function of this financing is to continue and speed up the growth of the ICEYE satellite constellation, along with providing round-the-clock client service operations throughout the world. ICEYE likewise intends to set up U.S.-based production operations for future spacecraft. SAR, in addition to other types of Earth imaging, have in fact grown in demand throughout the continuous COVID-19 crisis– especially when supplied by companies concentrated on delivering them through lower expense, small satellite operations. That remains in part due to their ability to provide services that supplement examination and monitoring work that would’ve been done formerly in person, or handled through costly operations including aircraft observation or tasked geosynchronous satellites. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.