ICEYE signs contract to provide Government of Ukraine with access to its SAR satellite constellation

The contract signed with the Serhiy Prytula Charity Foundation will initially provide the Government of Ukraine with the full capabilities for one of ICEYE's satellites already in orbit.

HELSINKI, Aug. 18, 2022 /PRNewswire/ -- ICEYE, the global leader in persistent monitoring with radar satellite imaging, has signed a contract with the Serhiy Prytula Charity Foundation which will provide the Government of Ukraine with ICEYE's Synthetic Aperture Radar (SAR) satellite imaging capabilities.

As part of the agreement, ICEYE will transfer full capabilities of one of its SAR satellites already in orbit for the Government of Ukraine's use over the region. The SAR satellite will be operated by ICEYE. In addition, ICEYE will provide access to its constellation of SAR satellites, allowing the Ukrainian Armed Forces to receive radar satellite imagery on critical locations with a high revisit frequency.

Since the beginning of the Russian invasion in Ukraine, the Serhiy Prytula Charity Foundation has focused its efforts on fundraising money for the needs of Ukraine's Armed Forces, including the recent acquisition of four Bayraktar drones.

"ICEYE owns the most developed radar satellite imaging technology in the world as of today," says Serhiy Prytula, founder of the Serhiy Prytula Charity Foundation. "This agreement is a significant step in responding to the Government of Ukraine's urgent request for critical earth observation data and it will greatly benefit our Armed Forces."

"With this agreement, ICEYE further builds on its efforts to provide objective data and technological support to Ukraine," says Rafal Modrzewski, CEO of ICEYE. "We firmly believe SAR technology and its capabilities will continue to add significant value to the Government of Ukraine, now enabled by the work of the Serhiy Prytula Charity Foundation."

Owning the world's largest SAR satellite constellation, ICEYE delivers proven and reliable Earth Observation solutions and is the only organization in the world to offer the rapid delivery of high-precision SAR satellites and data to its customers, allowing them to take full control of their mission.

At any given time, most of the Earth is covered in clouds or darkness. Unlike traditional Earth observation satellites, ICEYE's small radar imaging satellites can form high-resolution images of areas of the Earth in daylight, at night, and through cloud cover. In other words, they can collect images and data from any part of the Earth multiple times a day, with the necessary reliability for critical decision making. ICEYE has successfully launched 21 spacecraft to date and operates the world's largest fleet of commercial SAR satellites.

ICEYE delivers unmatched persistent monitoring capabilities for any location on earth. Owning the world's largest synthetic-aperture radar constellation, the company enables objective, data-driven decisions for its customers in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring and finance. ICEYE's data can be collected day or night, and even through cloud cover. For more information, please visit www.iceye.com.

Since 2014, Serhiy Prytula has been volunteering to supply the Ukrainian army. At the beginning of Russia's full-scale invasion, he expanded the efforts to the scale of the Charity Foundation to help the military. During the war, the Foundation raised more than 53 million USD (over 2 billion UAH) in donations. The Foundation is one of the biggest war effort charities in Ukraine. It purchases drones, optics, vehicles, communications equipment, and tactical medicine for the military on the front line as well as supplies humanitarian aid for the areas affected by Russian attacks. Since the start of the Foundation has helped supply hundreds of combat units.

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