ICEYE is developing a synthetic aperture radar (SAR) remote sensing solution, allowing real-time access to imagery without the limits of traditional optical sensors.
ICEYE is developing a SAR remote sensing platform that can provide imagery under cloud cover, inclement weather, and darkness addressing the reality that 75% of the time, traditional remote sensing systems are unable to provide imagery data due to clouds or lack of daylight.
ICEYE plans to launch three satellites this year followed by a larger constellation next year.
Enables data-driven decision making capabilities for many industries including oil & gas, maritime, logistics, and insurance.
Significant market traction including contracts with Exxon and various government agencies.
Many competitive advantages including frequent re-visit rates, a lower price point, and data analytics offerings.
Attractive exit opportunities from multiple players in many different industries including European and US defense contractors, satellite service providers, energy companies, and remote sensing companies.