#Greece #Athens #ICEYE #SAR technology #Greek Space Program

ICEYE Expands Operations in Greece

ICEYE, known globally for its innovative synthetic aperture radar (SAR) satellite technology, recently announced a significant expansion of its operations in Greece. Opening a new office in Athens marks a pivotal step in its collaboration with the Greek National Satellite Space Program, aligning with the Hellenic Space Agency and the Ministry of Digital Governance.

This partnership represents a key development in enhancing Greece’s capabilities in satellite technology, particularly within the SAR sector. The initiative, labeled Axis 1.2, aims to establish a robust Greek Observation System utilizing two ICEYE SAR satellites, promoting both research and practical applications in radar imaging. Greece will also benefit from ICEYE's existing SAR satellite constellation, supplying vital data for various sectors.

Strengthening the Greek Space Sector

The arrival of ICEYE in Greece is set to invigorate the local space industry, bringing in a wealth of SAR expertise and fostering talent among professionals keen on pursuing careers in this innovative field. The company's new facilities in Athens include a state-of-the-art satellite assembly production line, which not only enhances operational capability but also creates numerous job opportunities within the growing sector.

ICEYE’s long-term vision for its Greek office includes establishing a Centre of Excellence dedicated to harnessing local talent and leveraging advanced technologies. This initiative is crucial for tapping into the immense potential of the Greek market, thus providing new employment avenues for scientific and engineering professionals in Greece.

Leadership Perspectives

Rafal Modrzewski, ICEYE's CEO and Co-founder, shared his enthusiasm about the new venture, highlighting it as a strategic hub for the company's expansion in Southeastern Europe. He expressed a firm commitment to strengthen collaborations with the Greek space industry to propel its growth further.

“Building a solid foundation in Greece is essential for our future success, and we are determined to invest more in this country,” Modrzewski stated. The importance of the Greek market in ICEYE’s strategic development was underscored when the company’s Board of Directors convened in Greece to celebrate the inauguration of the new office, meeting with partners and stakeholders.

About ICEYE

ICEYE has established itself as a leader in the satellite technology space, delivering unparalleled monitoring capabilities crucial for timely responses to environmental changes. As the operator of the world’s largest SAR satellite constellation, ICEYE provides actionable insights that are essential for sectors ranging from defense and intelligence to finance and natural disaster management.

With a workforce of over 700 employees across various global offices, including Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the United States, ICEYE is dedicated to improving life on Earth through their groundbreaking Earth Observation technologies. The company continues to strive towards its vision of becoming the leading source of truth in satellite observation and data insights.