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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.

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

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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