1 week ago
ICEYE Establishes India Entity, Plans Local Satellite Manufacturing
ICEYE is a Finnish company that builds satellites.
It has officially created a new branch called ICEYE India.
The branch will work with India’s defence and intelligence customers.
ICEYE also wants to make satellites in India.
It plans to use Indian suppliers and engineers for this work.
Its satellites use radar, so they can take images during the day or night and through clouds.
The company says these satellites could help with defence, surveillance and environmental monitoring.
ICEYE may build and launch satellites for India and then give an Indian authority full control of them.
Finnish satellite company ICEYE formally established ICEYE India in New Delhi on Monday.
The entity will initially support India’s defence and intelligence customers with satellite-based intelligence capabilities.
ICEYE plans to build satellite manufacturing capacity in India using local suppliers, sourcing and engineering talent.
The company says its Indian operations will also serve surveillance and environmental monitoring needs.
ICEYE may develop and launch satellites for India before transferring full control and sovereignty to an Indian authority.
- Who
- Finnish satellite company ICEYE, led by CEO and co-founder Rafal Modrzewski, and its new Indian entity, ICEYE India.
- What
- ICEYE formally established ICEYE India and announced plans to develop local satellite manufacturing capability.
- Where
- New Delhi, India, with planned manufacturing and local supply-chain activity in India.
- When
- The establishment was announced on Monday; the article does not provide a specific date.
- Why
- To support India’s defence and intelligence customers and build capabilities for defence, surveillance and environmental monitoring.
Key facts
- Company
- ICEYE, a Finnish satellite company
- Indian entity
- ICEYE India
- Headquarters announcement
- New Delhi
- Satellite technology
- Synthetic aperture radar (SAR)
- Planned local activity
- Satellite manufacturing using Indian suppliers, local sourcing and engineering talent
- Intended sectors
- Defence, intelligence, surveillance and environmental monitoring
- Control arrangement
- ICEYE says it can develop and launch satellites before handing full control and sovereignty to an Indian authority
Quotes
Rafal Modrzewski
CEO and co-founder of ICEYE
“ICEYE India means real engineering and manufacturing capability on the ground. We’re excited to build this together with the government and local partners and to support India as it strengthens its own sovereign intelligence capability.”
theprint.in
Sources
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