Proof of Usefulness Report

ICEYE

Analysis completed on 2/4/2026

+772
Proof of Usefulness Score
Unicorn Utility

Project ICEYE is a verified 'unicorn' in the Earth Observation sector with a valuation of ~$2.8B and over $100M in annual revenue. The project operates the world's largest synthetic aperture radar (SAR) satellite constellation, providing critical data for defense, insurance, and disaster response globally. While the submission itself was sparse and lacked descriptive detail, external verification confirms the massive scale, technical innovation, and market dominance of the entity. The score reflects the high real-world utility and verified traction, penalized slightly only by the low quality of the submission text.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+237.5
Audience Reach Impact+162.0
Technical Innovation+171.0
Evidence Of Traction+237.5
Market Timing Relevance+95.0
Functional Completeness+5.0
Subtotal+908
Usefulness Multiplierx0.85
Final Score+772

Project Details

Project URL

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline