BRUSSELS — Finland-based radar satellite manufacturer/operator Iceye Oy, a showcase example of a successful European startup, has no immediate plans for an IPO despite a $3-billion valuation from its latest funding round of $200 million, Chief Executive Rafal Modrzewski said Jan. 28.
One reason may be that the company, which exceeded its goal of generating 250 million euros ($300 million) in revenue in 2025, has raised $700 million in multiple funding arounds and appears to have no immediate need of cash.
In a press briefing . . .
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