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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Rheinmetall and Iceye have officially established a joint venture to build satellites in Germany.
The first satellite will be manufactured locally by Rheinmetall ICEYE Space Solutions in 2026.
Rheinmetall and ICEYE have established their joint venture, Rheinmetall ICEYE Space Solutions GmbH, based in Neuss, Germany.
The collaboration between Rheinmetall and Iceye began in early 2024 following a strategic investment made through Rheinmetall Nordic.
On November 7, 2025, Rheinmetall and Iceye announced the official creation of Rheinmetall Iceye Space Solutions in Neuss, Germany.
The Neuss facility will initially benefit from Iceye's expertise in producing synthetic aperture radar (SAR) satellites.
Rheinmetall will hold a 60% majority stake in Rheinmetall Iceye Space Solutions, while Iceye will control the remaining 40%.
The new facilities of Rheinmetall Iceye Space Solutions will be part of Rheinmetall’s Space Cluster in Germany.
In May 2025, Rheinmetall and Iceye signed a memorandum of understanding for the creation of a joint venture to collaborate on satellite production in Germany.
In September 2024, Rheinmetall acquired exclusive distribution rights for Iceye products to customers in Germany and Hungary.
Rheinmetall and ICEYE's cooperation involves synthetic aperture radar (SAR) satellites that provide reconnaissance images for Ukraine’s defence against Russia.
ICEYE has provided SAR capabilities to Ukraine under leasing agreements.
Rheinmetall and ICEYE established a joint venture called Rheinmetall ICEYE Space Solutions GmbH in Düsseldorf, Germany.
Rheinmetall holds a 60% stake and ICEYE holds a 40% stake in the joint venture.
The Neuss facility will initially leverage ICEYE's expertise in producing Synthetic Aperture Radar (SAR) satellites.
Rheinmetall holds a 60 percent stake in the joint venture, while ICEYE holds the remaining 40 percent.
On 7 November 2025, Rheinmetall ICEYE Space Solutions was officially established in Neuss, Germany.
In September 2024, Rheinmetall acquired exclusive rights to distribute ICEYE products to customers in Germany and Hungary.
Rheinmetall and ICEYE have established a joint venture to build satellites in Germany.
Rheinmetall's partnership with ICEYE began in early 2024 following a strategic investment through Rheinmetall Nordic.