Helsinki, Finland – ICEYE, the world leader in sovereign intelligence from space, on May 21 announced that it has originated a €300 million 3-year committed revolving credit facility (“RCF”). The RCF will support the issuance of guarantees for customer contracts, enable continued business growth, and serve as a liquidity backstop.
The seven-bank syndicate is comprised of Nordic, regional and global relationship banking partners. The complimentary capabilities and collective operating footprint of the bank group are strategically aligned with ICEYE’s global expansion plan into new key markets.
“2025 was a defining year for ICEYE as we scaled revenue, profitability, and cash generation simultaneously,” said John Lauria, Global Head of Treasury, ICEYE.
“The RCF origination reflects continued confidence in ICEYE’s business and demonstrates our ability to access diverse sources of capital to support rapid global growth. It also enhances our financial flexibility as demand for sovereign intelligence capabilities continues to grow exponentially,” he said.
Citi and Danske Bank acted as Joint Global Coordinators and Mandated Lead Arrangers.
The RCF further strengthens ICEYE’s position following strong financial and operational performance in 2025, when the company doubled in size. ICEYE expects similar growth in 2026.
ICEYE is the world leader in sovereign intelligence from space. The company delivers persistent monitoring capabilities to detect and respond to changes in any location on Earth.
ICEYE owns the world’s largest and most advanced SAR (synthetic aperture radar) satellite constellation. ICEYE-built constellations serve customers in defence and intelligence, environmental monitoring, insurance and emergency management.
Founded and headquartered in Finland, ICEYE operates globally across Poland, Spain, the UK, Australia, Japan, the UAE, Greece, and the US.
