ICEYE to Expand Product Portfolio, Invest in SAR Constellation Using $93M in Fresh Funds
ICEYE has signed a definitive agreement for an oversubscribed $93 million growth funding round, bringing the company's total amount raised to $438 million. The microsatellite manufacturer and synthetic aperture radar satellite operator said Wednesday that the fresh funds will accelerate investment in its constellation of SAR satellites and expand its product portfolio.