ICEYE is a Finnish New Space technology company and the global leader in small Synthetic Aperture Radar (SAR) satellite operations for Earth Observation. ICEYE designs, builds, and operates a commercial constellation of SAR microsatellites, the largest in the world, providing high-resolution imagery of the Earth's surface, day or night, and even through cloud cover. They offer solutions, satellite data, and data fusion to governments and commercial industries for applications such as disaster management, security, maritime and infrastructure monitoring. ICEYE has partnerships with organizations like the National Reconnaissance Office (NRO), NATO, and Geoscape Australia, and supplies SAR data to allied nations.
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ICEYE and Rheinmetall have formed a joint venture known as Rheinmetall ICEYE Space Solutions.
Rheinmetall ICEYE Space Solutions will handle ground station management and AI-image evaluation services for the SAR satellites.
The total value of the Rheinmetall and ICEYE contract is approximately 1.7 billion euros.
Under the contract, Rheinmetall ICEYE Space Solutions will provide the Bundeswehr with a very high number of images per day through the end of 2030.
Rheinmetall and ICEYE received a contract to provide space-based reconnaissance data to the German Federal Armed Forces on December 18, 2025.
ICEYE has signed agreements with the Finnish Defence Forces, Portuguese Air Force, and Polish Armed Forces.
On 7 November 2025, Rheinmetall and ICEYE announced a joint venture.
ICEYE has received interest from other European ministries of defense for sovereign SAR services.
The contract includes exclusive access to a synthetic aperture radar satellite constellation through the joint venture Rheinmetall ICEYE Space Solutions.
ICEYE and Rheinmetall will begin production of SAR satellites at their facility in Neuss, Germany, in the third quarter of 2026.
The German Armed Forces awarded a €1.7 billion contract to Rheinmetall and ICEYE for the delivery of space-based reconnaissance data.
Rheinmetall ICEYE Space Solutions closed a five-year, €1.7 billion contract with the German Bundeswehr to supply SAR data from a new sovereign-built constellation.
The SAR technology used by ICEYE allows satellites to view the planet through clouds, smoke, dust, and fog at all hours of the day and night.
Rheinmetall Iceye Space Solutions will provide SAR images and a full service including operations, ground station management, and AI-driven image evaluation.
The satellite constellation will remain the property of Rheinmetall Iceye Space Solutions.
The German Armed Forces awarded a contract valued at approximately 1.7 billion euro ($2 billion) to a joint venture between Rheinmetall and Iceye.
The ICEYE US Direct platform simplifies the process of tasking, acquisition, and analysis for ICEYE US customers.
ICEYE US Direct provides ICEYE US customers with direct, on-demand global access to ICEYE's Synthetic Aperture Radar satellite constellation.
The new joint venture is called Rheinmetall Iceye Space Solutions and is based in Neuss, near Düsseldorf.
SkyFi built and operates the ICEYE US Direct platform.