ICEYE secures first HIIF investment for Greece satellite production base

ICEYE, a Finnish SAR satellite operator, received its first investment from Greece's Hellenic Innovation & Infrastructure Fund, tied to establishing its largest production base in Greece with capacity for 150 satellites annually. This marks a strategic expansion of defense-related space manufacturing into Greece, likely enhancing NATO/EU resilience. The investment signals Greece's push to attract high-tech defense industry, though financial terms remain undisclosed.

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