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September 4, 2025

Iceye: The Finnish startup at the heart of modern warfare

By partnering with Rheinmetall and Saab, Iceye has leapt into the defence arena


Mimi Billing

7 min read

Over the past 12 years, Finnish spacetech startup Iceye has quietly amassed the world’s largest satellite constellation. This year, it has moved into defence territory by partnering with defence contractors such as Saab and Rheinmetall as well as European governments in a clear sign that countries are taking its defence sovereignty seriously — and more so in space than ever before.

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Photo of Rafal Modrzewski, founder of Finnish space-tech startup Iceye
Rafal Modrzewski, CEO and cofounder of Iceye.
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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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