Launch · 08 Sep · —
Kongsberg NanoAvionics presented the largest and heaviest microsatellite system they have developed.
Launch · 07 Sep · —
ICEYE has partnered with Sompo Japan Insurance to deploy its Flood Insights solution for faster flood claims processing.
Hire · 03 Sep · —
Sensofusion plans to hire one hundred new employees, a significant portion of whom will be based in Finland.
Launch · 02 Sep · —
Terma will deliver a nationwide counter-drone system to the Danish defense, enhancing the response to drone threats through AI-supported data processing.
Launch · 02 Sep · —
My Freighter is expanding its partnership with Baltic Ground Services to provide aircraft fuelling services at three airports in Europe, enhancing its operational efficiency along key cargo routes.
Launch · 02 Sep · —
Norwegian has launched Europe's first state-supported flight route in Denmark using a 40% blend of sustainable aviation fuel, significantly reducing emissions.
Funding · 31 Aug · EUR 902K
Cleean secured ten million kronor from venture capital firm Veq for its drone cleaning services.
Launch · 28 Aug · —
ICEYE is partnering with The Water Institute to combine satellite-based flood observations with predictive flood modeling for governments and insurers.
Launch · 26 Aug · —
Space Inventor is set to deliver two satellite platforms to Constellr, which will map heat patterns and hidden activities on Earth.
Hire · 26 Aug · —
Timo Ahopelto has been appointed as the chairman of the board of Sensofusion, a company known for developing drone defense systems. This appointment is part of the company's preparations for an IPO.
Launch · 25 Aug · —
Nometa launched its drone protection system, Dedalo, which captures radio signals between drones and pilots to enhance safety in restricted airspaces.
Launch · 05 Aug · —
Unmanned Defense Systems launched significant updates to its FORECASTER ISTAR reconnaissance drone, including an RF detection system and remote mission control capabilities.
Launch · 01 Aug · —
Galvatek is expanding to Texas and establishing a unit in Houston, Texas, in August 2026.
Launch · 01 Aug · —
Launch of 'Space Snacks', protein-enriched snacks inspired by the European Space Agency, set to reach consumers in August.
Launch · 28 Jul · —
SubMerge Baltics signed a cooperation memorandum with Naval Group for the integration of its autonomous underwater drones into Naval Group's ships.
Launch · 27 Jul · —
Kuva Space has entered into a memorandum of understanding with Japan’s IHI Corporation to assess the development of a sovereign hyperspectral satellite constellation.
Launch · 27 Jul · —
The mosquito drone developed by Tornyol identifies the flight of mosquitoes using ultrasound and attacks them. The device is available for pre-order in the United States.
Hire · 24 Jul · —
Torun Larsen has joined Tundra Drone as a key hire responsible for production and scaling.
Funding · 24 Jul · EUR 652K
Tundra Drone raised 7.1 million NOK to build the team and prepare for production.
Launch · 08 Jul · —
SUBmerge Baltic signed a memorandum of cooperation with Naval Group to integrate their underwater drones with Naval Group's control systems, enhancing interoperability and expanding market applications.
Funding · 09 Jun · EUR 450.0M
ICEYE raised exactly €450 million in primary Series F financing led by General Atlantic at a valuation above €10 billion; together with a secondary placement, the overall transaction exceeded €1 billion.
Funding · 07 May · EUR 3.0M
Skogsdrönare from Uppsala has raised 33 million SEK in funding.
Launch · 01 May · —
Metaktik has launched a new technology for military use, integrating flexible antennas into vessels and vehicles.
Funding · 14 Apr · EUR 15.0M
Kelluu raised EUR 15.0M in Series A, led by NATO Innovation Fund.
Exit · 02 Apr · —
Atol Aviation, acquisition by Sensofusion.
Funding · 30 Mar · EUR 1.0M
Aalto University spin-off Metaktik secured EUR 1M in pre-seed funding backed by Maki.vc to commercialise lightweight metasurface antennas for defence, aerospace and telecom markets.
Funding · 08 Dec · EUR 150.0M
ICEYE raised €150 million in new equity led by General Catalyst at a €2.4 billion valuation; a separate €50 million secondary sale for early investors accompanied the transaction.
Exit · 08 Dec · EUR 50.0M
ICEYE completed a €50 million secondary share sale for early investors alongside its separate €150 million primary equity round.
Funding · 31 Oct · EUR 1.1M
Luna Robotics raised €1.08 million from Coinvest Capital, Plug & Play EMEA Ventures GmbH, and international business angels to advance its defense tech innovation.
Funding · 03 Jul · EUR 2.5M
Nordic Air Defence raised EUR 2.5M in pre-seed, led by Inflection.
Funding · 19 Jun · EUR 41.1M
Business Finland awarded ICEYE €41.1 million for R&D, comprising €5.7 million in non-dilutive grants and €35.4 million in development loans, as part of ICEYE's larger investment program.
Funding · 06 Jun · EUR 5.6M
Lendurai raised EUR 5.6M in seed.
Funding · 18 Dec · EUR 61.9M
ICEYE closed a $65 million debt-and-equity extension to its April growth round, bringing its total raised during 2024 to $158 million.
Funding · 12 Nov · EUR 1.2M
Nordic Air Defence secured EUR 1.2 million led by SNÖ Ventures in the second close of a strategic round to advance its supply-chain-independent drone-defence technology.
Funding · 24 May · EUR 3.2M
Lithuanian drone maker Unmanned Defense Systems raised EUR 3.2 million from private investors to accelerate its swarm drone technology and AI-based battlefield management system integration. Coinvest Capital led the round alongside business angels and the NGL angel syndicate.
Funding · 17 Apr · EUR 87.4M
ICEYE signed an oversubscribed $93 million growth funding round led by Finnish sovereign wealth fund Solidium Oy to expand its SAR constellation and data products.
Funding · 02 Nov · EUR 16.6M
Kuva Space raised a 16.6 million EUR Series A round on November 2, 2023, led by Voima Ventures and Nordic Foodtech VC, to launch its hyperspectral microsatellite constellation. No funding events were previously tracked for this company.
Hire · 01 Aug · —
Jani Välkky will become CEO of Galvatek as Lasse Vilminko moves to Houston, Texas.
Funding · 03 Feb · EUR 120.5M
ICEYE closed a $136 million Series D led by Seraphim Space to expand its SAR constellation, catastrophe products, analytics, and global operations.
Funding · 22 Sep · EUR 74.1M
ICEYE closed an $87 million Series C led by True Ventures, with a significant investment from OTB Ventures, to expand its SAR satellite constellation and imaging services.
Funding · 24 May · EUR 29.0M
ICEYE raised $34 million in Series B financing led by True Ventures to expand analytics, develop its SAR technology, and fund additional satellite launches.
Funding · 25 Sep · EUR 1.0M
ICEYE announced $1.2 million in new funding led by Seraphim Capital to scale development of its SAR microsatellite technology for upcoming launches; ICEYE explicitly described it as new funding after the separate $13 million financing announced the previous month.
Funding · 23 Aug · EUR 11.0M
ICEYE announced $13 million in additional financing, including an $8.5 million round led by Draper Nexus and further funding from Finland's Tekes agency, to scale manufacturing and satellite launches.
Funding · 12 Nov · EUR 2.6M
ICEYE raised a $2.8 million Series A led by True Ventures, with Lifeline Ventures and Founder.org participating, to help launch its first radar-based microsatellites.