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Billion-Dollar Investment Aims Hundreds of Satellites at Putin

Summary by Dagens Industri
HELSINKI. Iceye's radar satellites are already playing a key role in Ukraine in finding and knocking out Russian targets. Now the Finnish defense star – which EQT's new super fund values at SEK 110 billion – hopes to increase the number of satellites tenfold and be able to mass-monitor Russia without the slightest delay. "Even if China were to invest massive resources in building something like this, it would take at least three years for them t…
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HELSINKI. Iceye's radar satellites are already playing a key role in Ukraine in finding and knocking out Russian targets. Now the Finnish defense star – which EQT's new super fund values at SEK 110 billion – hopes to increase the number of satellites tenfold and be able to mass-monitor Russia without the slightest delay. "Even if China were to invest massive resources in building something like this, it would take at least three years for them t…

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Dagens industri broke the news on Monday, September 21, 2026.
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