Financials

Estimates*

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Revenues, earnings & profits over time
EUR201820192020202120222023
Revenues<1m1.4m6.8m27.1m43.8m49.5m
% growth-76 %370 %300 %62 %13 %
EBITDA(6.6m)(12.2m)(15.0m)---
% EBITDA margin(809 %)(851 %)(221 %)---
Profit(7.0m)(17.4m)(24.3m)(30.3m)--
% profit margin(852 %)(1206 %)(359 %)(112 %)--
R&D budget<1m2.0m----
R&D % of revenue110 %139 %----

Source: Dealroom estimates

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Recent News about ICEYE

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More about ICEYE
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ICEYE is a pioneering startup in the space technology sector, specializing in the development and deployment of small, agile radar satellites. These satellites are designed to provide persistent monitoring of any location on Earth, regardless of the time of day or weather conditions. This capability is particularly useful for detecting changes in the environment, such as those caused by natural disasters.

ICEYE's clients range from government agencies to private companies, all of whom require accurate, real-time data to make informed decisions. For instance, emergency response teams can use ICEYE's data to assess the impact of floods or wildfires and plan their response accordingly. Similarly, insurance companies can use this data to identify affected structures and expedite claims processing.

The company operates in the rapidly growing new space market, which is characterized by the increasing commercialization of space technology. ICEYE's business model is based on selling access to its satellite data, either through direct sales or via subscription services. The company also offers clients the opportunity to own their own high-performance SAR (Synthetic Aperture Radar) satellites, which can be deployed in space within months, not years.

In summary, ICEYE is a new space startup that leverages cutting-edge satellite technology to provide real-time, accurate data on any location on Earth. This data is invaluable for a wide range of applications, from disaster response to insurance claims processing.

Keywords: Satellite Technology, Real-Time Data, Natural Disaster Response, Insurance Claims Processing, Synthetic Aperture Radar, Persistent Monitoring, New Space Market, Commercial Space Technology, Change Detection, Agile Radar Satellites.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.