Rheinmetall to expand satellite business, citing Ukraine support deal
- On May 8, 2025, Rheinmetall and Finnish company Iceye signed a memorandum to form Rheinmetall ICEYE Space Solutions, a joint venture focusing on satellite production in Neuss, Germany.
- This deal follows increased European military spending and security reforms, including Germany's removal of its 1% GDP defense spending cap and broad investment plans to boost sovereign capabilities.
- The venture will initially manufacture synthetic aperture radar satellites, leveraging Iceye's global SAR constellation expertise and Rheinmetall's market access and production capacity.
- Rheinmetall CEO Armin Papperger announced that the creation of their new partnership marks a significant expansion into the space sector, with production expected to commence before the third quarter of 2026.
- This partnership aims to strengthen Europe's space-based reconnaissance and defense capabilities, responding to rising demand amid ongoing conflicts and geopolitical tensions in the region.
13 Articles
13 Articles
German defense firm partners with Iceye to build SAR satellites
German defense contractor Rheinmetall plans to start building synthetic aperture radar satellites next year with Finnish SAR constellation operator Iceye, amid Europe’s broader push to bolster military intelligence capabilities. The post German defense firm partners with Iceye to build SAR satellites appeared first on SpaceNews.
Rheinmetall, ICEYE plan JV for space solutions, satellites
Rheinmetall and satellite manufacturer ICEYE said they intend to establish a joint venture for satellite production. A memorandum of understanding to this effect was signed on 8 May 2025. Rheinmetall is to be the majority shareholder in the new joint venture named Rheinmetall ICEYE Space Solutions with 60 percent of the shares, while ICEYE will hold 40 percent. The foundation is still subject to definitive agreements and official approvals. As p…
Rheinmetall and ICEYE collaborate in the production of SAR satellites
Rheinmetall and ICEYE, the world's leading producer of SAR satellites, have announced that they want to further intensify their cooperation; in fact, the two companies intend to set up a joint venture for the production of satellites and, in this sense, a memorandum of understanding was signed on 8 May. In particular, Rheinmetall will be the majority shareholder of the new joint venture that will be called Rheinmetall ICEYE Space Solutions with …
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