Poland Signs $227 Million Deal for Iceye's Satellite System
Poland's armed forces have ordered three satellites from Iceye Oy in a bid to bolster its surveillance and intelligence capabilities amid Russia's ongoing full-scale invasion of Ukraine.
The 860-million zloty ($227 million) contract for synthetic-aperture radar satellites that monitor the terrain regardless of the weather conditions includes a ground segment that will be built together with state firm Wojskowe Zaklady Lacznosci 1. The agreement has an option to add more units within the next 12 months, according to a statement.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
44 minutes ago
- Bloomberg
EU Poised to Curb China's Access to Medical Device Procurement
The European Union is set to curb Chinese medical device manufacturers' access to public procurement contracts in the bloc, according to a person familiar with the matter. EU countries are due to vote on the proposed measure as early as Monday, said the person, who spoke on condition of anonymity to discuss private deliberations.
Bloomberg
an hour ago
- Bloomberg
Monzo Profit Soars as British Challenger Bank Boosts Lending
Monzo Bank Ltd. said its profit quadrupled last year with a burgeoning loan book lifting revenue, as the mobile bank works toward an eventual stock market debut. The British lender posted a pretax profit of £60.4 million ($81.8 million) for the year through March compared to £15.4 million profit in the 13 months prior, with revenue jumping to £1.2 billion from £880 million.
Bloomberg
an hour ago
- Bloomberg
As Private Equity Returns Dwindle, Executives Look to Soothe Antsy Investors
Few private equity executives would have guessed they'd have to spend 2025 convincing investors to stick with the asset class. Yet as we near the year's halfway point, that's exactly where they find themselves. With hopes of a Donald Trump-inspired M&A boom petering out — and as the US president's tariff mayhem makes life even harder for companies owned by buyout firms — any partying at this week's annual industry shindig in Berlin is likely to be much more restrained than in the past.
