Rheinmetall and ICEYE establish joint venture in Neuss

Just five months after the announcement in May 2025, the company is now officially established. Rheinmetall ICEYE Space Solutions will commence operations in 2025, with the first satellite to be manufactured locally in 2026. With the establishment of the new joint venture, Rheinmetall is strengthening its activities in the space sector. In recent years, there has been a sharp increase in demand for space-based reconnaissance capabilities among armed forces and security forces worldwide. As part of the cooperation between Rheinmetall and ICEYE, synthetic aperture radar (SAR) satellites are already providing reconnaissance images for the Ukraine’s defence against the Russian aggressor.

SAR satellites offer an advantage over conventional satellites as they can generate high-resolution images regardless of weather conditions or time of day. Parts of Rheinmetall’s plant in the Lower-Rhine region have recently been transferred from the civilian Power Systems division to the group’s military business. By establishing Rheinmetall ICEYE Space Solutions GmbH, employees at the Neuss site can also look at promising prospects.  

About ICEYE

ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before.

Owning the world’s largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as defense and intelligence, insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development.

ICEYE operates internationally with offices in Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the US. We have more than 900 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation.

Media contact: press@iceye.com Visit www.iceye.com and follow ICEYE on LinkedIn and X for the latest updates and insights.