ICEYE and Rheinmetall win major contract worth billions for space reconnaissance
Rheinmetall and ICEYE have received a major order from the German Armed Forces for the space sector. The Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has commissioned Rheinmetall ICEYE Space Solutions to supply the German Armed Forces with space-based reconnaissance data via exclusive access to a synthetic aperture radar (SAR) satellite constellation.
To deliver this capability, Rheinmetall has partnered with ICEYE – the world’s leading manufacturer and operator of synthetic aperture radar (SAR) satellites – to establish Rheinmetall ICEYE Space Solutions. Based in Neuss, the joint venture will provide a high volume of SAR images via its exclusive constellation, offering a comprehensive service solution that includes full operations, ground station management, and AI-driven image evaluation. The satellite constellation remains the property of Rheinmetall ICEYE Space Solutions.
The current contract is valued at approximately €1.7 billion gross. Furthermore, an extension option is part of the contract. The space-based reconnaissance data will be used, primarily, to protect the ‘Lithuania Brigade’ and secure NATO’s eastern flank.
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Originally published on 18 Dec
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Estonia opened the first Business Hub in U.S. Located at the Embassy of Estonia in Washington, D.C., the Business Hub will serve as a bridge between Estonian companies and the vast business opportunities in the U.S. market. A delegation of Estonian defence industry innovators was present at the opening event, also attending the annual AUSA conference.
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Originally published on 17 Oct