Finnish SpaceTech company ICEYE has secured a €300 million, 3-year committed revolving credit facility (RCF) from a seven-bank syndicate, including Citi and Danske Bank. This financing milestone supports customer contract guarantees and ICEYE's global expansion, following a year where the company doubled in size and achieved simultaneous revenue, profitability, and cash generation growth. The funds will enhance financial flexibility as demand for sovereign intelligence capabilities increases, building on recent successes like the delivery of Poland's sovereign radar satellite system and a €1.7 billion contract with Rheinmetall for the German Armed Forces.
