# Greece bets €35M on ICEYE satellite factory

> Greece's state fund invests €35m in ICEYE to build its largest satellite production facility.
- Title: Greece bets €35M on ICEYE satellite factory · Dealroom
- Summary: Greece's state fund invests €35m in ICEYE to build its largest satellite production facility.
- Keywords: greek state fund, iceye, hellenic innovation and infrastructure f, neo psychiko, satellite factory, synthetic aperture radar satellites, preferred shares, €35m investment, 230 jobs, 150 satellites, Dealroom
- Source: Dealroom — https://dealroom.co/news/172577-greece-bets-35m-on-iceye-to-build-its-biggest-satellite-factory
- Published: 2026-11-13T12:28:29+00:00
- Read time: 1 min
- Topics: greek state fund, iceye, hellenic innovation and infrastructure f, neo psychiko, satellite factory, synthetic aperture radar satellites, preferred shares, €35m investment, 230 jobs, 150 satellites, startups, business
## Greece's state fund invests
Greece's Hellenic Innovation and Infrastructure Fund paid €35 million for preferred shares in ICEYE.
## ICEYE expands production
ICEYE will build its largest satellite production base in Neo Psychiko handling assembly, integration, and testing.
## 230 jobs and 150 satellites
The plant targets up to 150 satellites a year for export and more than 230 highly skilled jobs.
## Key takeaway

Greece's Hellenic Innovation Fund paid €35m for ICEYE preferred shares to establish its biggest satellite factory in Neo Psychiko.