ICEYE shelves IPO as it scales SAR production; forecasts $300M+ revenue in 2025 and a $3B valuation
Finland's ICEYE has shelved plans for a near-term IPO while projecting more than $300m revenue in 2025 and a roughly $3bn valuation as it expands production of synthetic-aperture radar satellites. The company urged the European Commission to accelerate regulatory and industrial support to match growth.