Event 1062

{
  "category": "Uncategorized",
  "confidence": "High",
  "country": "Finland",
  "description": "Finland’s business promotion agency has granted research and development funding to ICEYE, a satellite and defense technology company specializing in Synthetic Aperture Radar satellites. The Finnish government assigned 41.1 million euros to ICEYE under a 250 million euro investment program aimed at strengthening Europe’s position in space and defense technology. ICEYE's radar satellites offer all-weather imaging capabilities, and the funding is intended to support expansion of satellite manufacturing, development of new sensors, and upgrading satellite platforms. This effort aligns with European Union initiatives to enhance defense amid rising security threats and highlights the increased strategic importance of space technology.",
  "event_time_utc": "2025-06-19T13:38:53Z",
  "evidence": [
    "Finland's business promotion agency has granted research and development funding to satellite and defence technology company ICEYE, the two entities said on Thursday.",
    "Business Finland, said it has assigned 41.1 million euros ($47.2 million) to the Finland-based company's 250-million-euro investment programme to strengthen its position as a global player in space and defence technology.",
    "ICEYE’s satellite constellation works by bouncing a radar beam off the surface of the Earth from approximately 550 km (342 miles) in space to build a detailed picture of the ground, regardless of weather conditions or daylight.",
    "The 250 million-euro investment programme will allow it to expand its satellite manufacturing capabilities, develop new sensors and upgrade its satellite platforms.",
    "With the Ukraine war raging near its borders and global security threats on the rise, the European Union has embarked on a 620 billion euro programme to shape up its defence, with tech startups expected to play a significant role."
  ],
  "extra": {
    "extra": {
      "extra": {
        "category_raw": "Aerospace & Defense",
        "evidence": [
          "Finland's business promotion agency has granted research and development funding to satellite and defence technology company ICEYE, the two entities said on Thursday.",
          "Business Finland, said it has assigned 41.1 million euros ($47.2 million) to the Finland-based company's 250-million-euro investment programme to strengthen its position as a global player in space and defence technology.",
          "ICEYE’s satellite constellation works by bouncing a radar beam off the surface of the Earth from approximately 550 km (342 miles) in space to build a detailed picture of the ground, regardless of weather conditions or daylight.",
          "The 250 million-euro investment programme will allow it to expand its satellite manufacturing capabilities, develop new sensors and upgrade its satellite platforms.",
          "With the Ukraine war raging near its borders and global security threats on the rise, the European Union has embarked on a 620 billion euro programme to shape up its defence, with tech startups expected to play a significant role."
        ]
      }
    }
  },
  "media_assets": [
    {
      "description": "Screenshot capture",
      "type": "screenshot",
      "url": "/media/event_1062_1764402031_7e8ea125.jpg"
    },
    {
      "capture_url": null,
      "captured_at": "2025-11-29T16:15:31.269628Z",
      "description": "SingleFile archive",
      "hash": "45be6decf2c873028511050618aea730b80df7e44474832a69bc30a76ff67a89",
      "mime": "text/html",
      "origin": "singlefile",
      "size_bytes": 7085,
      "source_url": "https://www.reuters.com/business/aerospace-defense/finland-backs-space-tech-iceye-firm-with-rd-funding-2025-06-19/",
      "type": "document",
      "url": "/media/event_1062_20251129_161225_db399733.html"
    }
  ],
  "schema_version": "v1",
  "screenshot_count": 1.0,
  "url": "https://www.reuters.com/business/aerospace-defense/finland-backs-space-tech-iceye-firm-with-rd-funding-2025-06-19/"
}

{
  "source": "admin_quick",
  "tags": [],
  "url": "https://www.reuters.com/business/aerospace-defense/finland-backs-space-tech-iceye-firm-with-rd-funding-2025-06-19/"
}