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ICEYE SIGNED

Microsatellite radar network for fast update Arctic ice surveillance.

Total Cost €

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EC-Contrib. €

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Partnership

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 ICEYE project word cloud

Explore the words cloud of the ICEYE project. It provides you a very rough idea of what is the project "ICEYE" about.

few    right    size    entrepreneurial    image    synthetic    25    constellation    spinoff    business    hours    tanker    rig    ice    solution    attracting    team    vessels    commercial    surveillance    engineering    first    fleet    knots    willingness    pilot    insurance    16    radars    sar    operations    customer    12    risks    defence    expertise    refresh    university    offshore    market    attract    risk    moving    supply    services    industries    crisis    service    data    imagery    artic    fast    company    military    crop    investment    intel    microsatellites    update    lowering    integrate    clients    posed    iceye    hour    time    arctic    private    satellite    companies    reducing    microsatellite    picture    accidents    permanent    final    driving    quick    offers    launch    monitoring    pay    rate    launching    times    innovation    providers    form    efficiency    provider    spectrum    customers    sizes    exploration    stake    oil    imaging    copernicus    tracking    radar    obstacle    line    players    confirmed    aperture   

Project "ICEYE" data sheet

The following table provides information about the project.

Coordinator
ICEYE OY 

Organization address
address: METALLIMIEHENKUJA 10 A
city: ESPOO
postcode: 2150
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Finland [FI]
 Project website https://www.iceye.com
 Total cost 3˙477˙150 €
 EC max contribution 2˙434˙005 € (70%)
 Programme 1. H2020-EU.2.1.6. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Space)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2015
 Funding Scheme SME-2
 Starting year 2015
 Duration (year-month-day) from 2015-09-01   to  2018-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ICEYE OY FI (ESPOO) coordinator 2˙434˙005.00

Map

 Project objective

Companies involved in Artic operations have a common need for fast update ice surveillance imagery to provide quick response to the risks posed by moving ice fields for vessels moving at several knots. Right now satellite picture providers offer response times of up to 16 hours with a 12-hour refresh time, creating a need directly confirmed by potential users for systems that offer a higher picture refresh rate. Bringing together expertise in military radars, microsatellites and data analysis, our team has developed an ice information service that offers a 2-hour image refresh rate for tracking ice features using a constellation of 6 microsatellites with Synthetic Aperture Radar (SAR) imaging. The ICEYE solution will provide customers up to 25% increase in operational efficiency, reducing fleet sizes and greatly lowering the risk of tanker accidents in the Arctic. The need has been confirmed by our market studies in the case of oil exploration and the offshore supply market for permanent rig and support operations. Our customer development activities with potential clients show an important number of planned Arctic operations within the next few years, driving their interest and willingness to pay for the ICEYE information services. The spectrum of potential customers also includes industries not related to the Arctic, such as insurance, crisis monitoring and response, defence and crop monitoring in line with the EU Copernicus programme. As an entrepreneurial spinoff from a university business and engineering project, Iceye Arctic Intel is an innovation-driven company whose size has not been an obstacle to attracting the interest of major players with a key stake in our growth to become a commercial service provider with the launch of our first satellite. Thus the objective of this project is to integrate, pilot test and demonstrate the ICEYE system in its final form as a microsatellite in order to attract private investment for launching.

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The information about "ICEYE" are provided by the European Opendata Portal: CORDIS opendata.

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