Greece's HIIF takes a €35 million ICEYE stake and a satellite plant is planned

Greece's Hellenic Innovation and Infrastructure Fund said on 11 November that its first investment, a €35 million purchase of ICEYE preferred shares, was signed on 30 September and completed in October. HIIF said the stake sits in a €485 million Series F primary round with General Atlantic, EQT's Scaleup Europe Fund, the Qatar Investment Authority, and Finland's Solidium and Tesi, and that secondary sales take the round above €1 billion. ICEYE plans a Greek assembly, integration and test plant; the prime minister's office said it could produce and export 150 satellites a year, while HIIF and the digital-governance minister put highly skilled jobs above 250 and the prime minister said more than 230.