Best Aerospace, Maritime and Defense Tech Companies in Finland
The 56 best Aerospace, Maritime and Defense Tech companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ICEYE.
Finland's Aerospace, Maritime and Defense Tech sector earns its own ranking here: 56 companies tracked, $841M in disclosed funding, and one unicorn already on the board. The global market sits at $1,076.6B with a 5.9% CAGR, and Finland's players are punching well above their weight inside that number. Iceye anchors the list at $438M raised, a figure that dwarfs the next competitor. Varjo follows at $144M, then Sensofusion at $53M and Norsepower at $49M. So when you're sizing up this cluster, you're not looking at seed-stage optimism — you're looking at companies with real capital behind real products.
What I find striking is the momentum underneath the headline names. Median app installs across maritime, defense and space categories are running at roughly +15% year-over-year across 68 tracked titles, which tells you demand is moving fast even before enterprise contracts land. Hot themes right now include geopolitical alliances and next-generation EV platforms, and investors like Tesi, EIC Fund and Lifeline Ventures are actively writing checks into this cohort. Can the smaller names, Kelluu at $18M and ReOrbit at $7M, close the gap? That's the real question this directory helps you answer.
- prnewswire.com
Our analysis of 50 Aerospace, Maritime and Defense Tech companies
$31.9b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Aerospace, Maritime and Defense Tech companies in Finland
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AeroTekniikka Builds a drone for commercial purposes and offers drone-based aerial services | — | — | Deadpooled | — | 2011 | Jouni Jalkanen Managing Director | — | — |
| 2 | AirHUD Developer of augmented reality heads-up display software for drone pilots | — | — | Unfunded | — | 2020 | Lassi Immonen Co-Founder & CTO | — | — |
| 3 | Anarky Labs Provider of augmented reality solutions for drones | — | — | Funding Raised | 4 | 2020 | Hannu Lesonen Co-Founder & CEO | 27 patents AR‑enhanced drone flight control and camera coverage visualization systems. | — |
| 4 | Arctic Astronautics (Finland) Developer of space technology designs intended to facilitate space education. | — | — | Private | 6 | 2017 | — | — | — |
| 5 | Ariadna Tech Provider of a GPS-based underwater navigation solution | — | — | Unfunded | — | 2013 | Jyrki Salonen Co-Founder | — | — |
| 6 | Aviamaps Offers real-time aviation map platform | — | — | Unfunded | — | 2018 | Juha Lindstedt Founder & CEO | — | — |
| 7 | Crown Cyber Defence Developer of AI-powered modular platform for airspace security and defence | — | — | Unfunded | — | 2023 | Jari Mielonen CEO & Partner | — | 2 expansions |
| 8 | ePiece Provider of tech-enabled baggage handling solutions for airports | — | — | Unfunded | — | 2017 | Juha Tuominen CEO | — | — |
Top 12 Aerospace, Maritime and Defense Tech companies in Finland
#1
ICEYE 🦄Series E · Espoo, Uusimaa · founded 2014 · 492 employees$438Mraised▾
Manufacturer of radar satellite constellations providing persistent earth observation imagery. These systems deliver radar data to detect and monitor physical changes on the surface of the planet. The technology functions through cloud cover and darkness to provide imagery for environmental monitoring, infrastructure assessment, and disaster impact analysis. The hardware enables the collection of radar intelligence for various monitoring requirements.
- Dec 2025Series E$174.9M
- Aug 2025Series D$11M
- Dec 2024Series D$65M
- Dec 2024Conventional Debt—
#2
Series D · Helsinki, Uusimaa · founded 2016 · 200 employees$143.5Mraised▾
Provider of virtual reality headsets. It enables users to experience virtual and augmented reality content and train, create and learn in superimposed or virtual environments. It caters to simulation, architecture, 3D model designing, medical, and other applications.
- Aug 2025Series D$5.9M
- Sep 2023Grant (prize money)$386.3K
- Apr 2023Series D$3M
- Sep 2022Series D$40.7M
#3
Series A · Joensuu, North Karelia · founded 2018 · 20 employees$17.6Mraised▾
Developer of electricity transmission based utility projects. It offer a cost-effective solution for large-scale, high-resolution data acquisition across all sectors. It provides integration of autonomous, emission-free airships, hardware, and software creates a unique ecosystem that sets apart in the field of aerial data services.
- Apr 2026Series A$17.6M
- Jun 2021Seed—
#4
Series B · Vantaa, Uusimaa · founded 2014$52.6Mraised▾
SensoFusion designs and builds a drone detection and disabling system called AIRFENCE. AIRFENCE uses RF detection to discover intruding drones and takes control of them. SensoFusion claims AIRFENCE to be effective in a radius of 10 km, and to be completely autonomous, with a manual option. AIRFENCE can also be used to locate the operator of an intruding drone. SensoFusion works with agencies such as the Finnish Defence Forces, NATO and the US FAA.
- Jan 2026Series B$52.6M
#5
Series C · Helsinki, Uusimaa · founded 2012 · 36 employees$49.3Mraised▾
Provider of cargo vessel auxiliary wind propulsion systems to reduce fuel consumption. It has patented its rotor sail technology which can significantly reduce fuel consumption while sailing the ships. It also provides a solution based on the Magnus Effect and can be used in any weather condition.
#6
Series A · Helsinki, Uusimaa · founded 2019 · 29 employees$7.4Mraised▾
Manufacturer of sovereign satellites and connected systems for national security. They provide secure space infrastructure for multi-domain operations and satellite solutions for civil applications. The company focuses on delivering advanced and cost-efficient technology. They partner with clients from initial concept to final deployment. The company empowers countries to develop national satellite technology for connected systems.
#7
Public · Espoo, Uusimaa · founded 2017 · 5297 employees$102.2Mraised▾
Manufacturer of renewable diesel, sustainable aviation fuel, and feedstocks. It refines waste, residues, and other raw materials into renewable fuels. The company provides solutions for mitigating climate change and accelerating a shift to a circular economy. It offers career opportunities for professionals with diverse backgrounds and expertise.
- Jul 2022Grant (prize money)—
- Nov 2021Grant (prize money)$99.9M
- Apr 2020Grant (prize money)$165.7K
- Jan 2020Grant (prize money)$199.7K
#8
Series A · Helsinki, Uusimaa · founded 2017 · 67 employees$13.6Mraised▾
App-based rental platform for boats. It provides users with web-based online platforms for P2P boat rentals. Its features include technology solutions, fleet management, and training services. Their app is available for both Android and iOS devices.
- Feb 2023Series A$7.5M
#9
Seed · Finland · founded 2017 · 21 employees$1.7Mraised▾
Provider of AI-powered platform for maritime freight scheduling and optimization. The platform offers data-driven decision support for chartering and scheduling. It integrates with existing voyage management systems and ERPs. The platform supports multi-parcel and multi-port voyages. It automates data retrieval, calculations, and visualization for market cargoes, vessel positions, and port distances.
- Jul 2024Seed—
- Dec 2021Seed$1.7M
#10
Series A · Vantaa, Uusimaa · founded 2005 · 10 employees$3.9Mraised▾
Offers an app-based platform providing charter reservation solutions. The app allows users to book private charter flights based on the service routes available. It offers emission-free flight travel. The app is available on the Android & iOS platforms.
- Jun 2023Series A$3.9M
#11
Seed · Espoo, Uusimaa · founded 2018 · 22 employees$2Mraised▾
Developer of space technologies intended to offer clients attitude control, orbital maneuvering, and controlled deorbiting. The company's offerings include an orbital thruster, plasma brake, attitude and orbit control system, SAILS, and E-Sail, enabling clients to work on a vast range of satellites that ensure similar mission possibilities for different bus designs for orbit and even beyond it.
#12
Funding Raised · Turku, Varsinais-suomi · founded 2018 · 16 employees$830.8Kraised▾
Developer of artificial intelligence solutions for maritime logistics and operations. The company provides analytics, machine learning, and optimization solutions designed for maritime businesses. It offers tools for port call planning, resource scheduling, and situational awareness. The company also develops systems for monitoring and managing emissions in freight transport.
- Jan 2023Grant (prize money)$266.6K
- Oct 2020Grant (prize money)$564.2K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Aerospace, Maritime and Defense Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Launch Vehicles is moving in Finland
A read on the academic research around Launch Vehicles — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 5 Finland-affiliated papers.
- Finland University2
- University of Eastern Finland2
- CSC - IT Center for Science2
- Statistics Finland1
- Propellant1
- Chamber pressure1
- Isentropic process1
- Liquid-propellant rocket1
- Rocket engine1
- Propellant1
- Rocket engine1
- Chamber pressure1
- Liquid-propellant rocket1
- Rocket (weapon)1
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.