2025-08-25 06:58
publication
2025-08-25 06:58
The Vinci Fund belonging to the Bank Gospodarstwa Gospodarstwo Group invests over PLN 40 million in Iceye, dealing with radar observation of land from space – BGK informed on Monday. The company has already sent 54 microsatellites with SAR radars to orbit.
As BGK emphasized, ICEYE satellites already use the governments of countries such as the USA, Brazil and Japan for defense and protection against cataclysm. Ukraine also uses them. In 2025, the armed forces of Poland, the Netherlands and Portugal also signed contracts for the supply of satellites. Finland is to join the company's clients in the near future.
The Polish-Finnish ICEYE since 2015 is the owner and operator of the world's largest constellation observation microsatelites, equipped with a radar with a synthetic aperture (SAR). Since 2018, the company has placed 54 satellites in the Earth's orbit, both for the needs of its own constellation and for its clients. Used allows land monitoring around the clock, providing radar data in almost real time, with the possibility of performing another illustration at a distance of 90 minutes, regardless of weather conditions.
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BGK pointed out that ICEYE plans to increase its production capacity to meet the growing global demand for satellite land observation systems and satellite data. The bank reminded that the Satellite Operations Center is located in Warsaw responsible for the global service of the ICEYE constellation, satellite planning team, and a research and development laboratory, in which key components are created.
Vinci does not exclude its further commitment to this company.
“Our investments in ICEYE means that Poland at an early stage is entering a completely new segment of the satellite industry. High -quality satellite data are used in both defense and intelligence activities, as well as in the prevention and removal of the effects of natural disasters. Earth monitoring market from space is growing at a rate of $ 2 billion a year, which includes orders from the state and sector. private ” – emphasized the president of Vinci Bartosz Drabikowski.
“We are entering this perspective market with great appetite, seeing in it a chance for Poland, but also an opportunity to multiply the capital of Vinci,” he added.
According to the president and co -founder of Iceye, Rafał Modrzewski, the investment made by Vinci is a step into the future that will serve Poland.
“We are extremely pleased that the BGK group sees the strategic need to support investments in space technologies, whose importance for security and global economy is constantly growing. New Space, such as Iceye, thanks to their dynamics and innovation, radically change the face of the space industry,” said Modrzewski.
“By signing a contract with ICEYE, via Vinci, Bank Gospodarstwa Krajowego implements its strategy for 2025-2030, which assumes the support of innovative Polish technologies. Solutions it offered is a good example of Dual-USE technology. ICEYE satellites allow you to provide data, e.g. in agriculture, crisis management and in defense. On the market.
The MON contract with ICEYE provides for the purchase of three radar satellites with the possibility of increasing their number to six. The first Polish military satellite is to be taken to orbit in 2025.
The Vinci company belonging to the Bank Gospodarstwa Gospodarstwo Group manages three alternative investment companies (ASI) with a total capitalization of over PLN 1 billion, focusing on investments in innovative Polish technology companies. Vinci supports companies at various stages of development, offering financing in the range of 10 to 90 million PLN.
BGK is a development bank that belongs entirely to the State Treasury, supporting the sustainable socio-economic development of the country. The bank initiates and develops cooperation between business, public sector and financial institutions. At the end of 2024, BGK assets amounted to almost PLN 270 billion, and equity – almost PLN 41 billion (PAP)
WKR/ MALK/ PEL/
