What Happened
Finnish Company Expands Production Amid Surging Demand
Finland’s ICEYE is set to double its global production of radar satellites to 100 by the end of 2027, driven by surging demand from European militaries. The company’s CEO, Rafal Modrzewski, announced the plans at a defense-industry conference in Brussels, citing the need for European countries to reduce their dependency on the US for critical defense enablers. ICEYE has already delivered satellites to several European countries, including Poland, Greece, and Portugal, and is proposing a Constellation Europe with 1,000 satellites. This development was first reported by Defense News.