jumpToMain
169351

11.09.2024 | Press release

Rheinmetall expands cooperation with ICEYE and obtains exclusive rights to distribute SAR satellites to Germany and Hungary

Key facts
  • Rheinmetall intensifies cooperation with Finnish company ICEYE
  • Rheinmetall receives exclusive distribution rights for the German and Hungarian markets
  • Participation in the world's largest fleet of SAR satellites announced in June 2024

Rheinmetall and ICEYE, the global leader in Synthetic Aperture Radar (SAR) satellite operations for Earth Observation, are expanding their cooperation. The two companies signed a teaming agreement to this effect.

As part of this agreement, Rheinmetall will integrate ICEYE capabilities into their next generation battlefield systems. In addition, Rheinmetall and ICEYE are pursuing joint opportunities in several markets globally, including Germany and Hungary, where Rheinmetall now has exclusive rights to distribute ICEYE SAR satellites to military and government end-users under this agreement.

Armin Papperger, CEO Rheinmetall AG: “The space domain is an integral part of a defence strategy and of great relevance to our military clients. We are convinced that our combined capabilities will enable us to develop innovative approaches to offer customized solutions for our military customers in the future.”

In June 2024, the Düsseldorf-based technology group had already announced its participation in the world's largest fleet of radar reconnaissance satellites. In this way, Rheinmetall aims to make space-based reconnaissance data usable on the tactical battlefield.

SAR satellites offer the advantage over conventional satellites that they can generate high-resolution images regardless of weather conditions or time of day. These are very detailed and make even the smallest objects on the earth's surface identifiable. This can bring decisive advantages for the armed forces in terms of surveillance, target acquisition, reconnaissance or their own positioning on the battlefield.

164356
Do you have a question or need further information?

Contact
31579

Head of Press and Public Relations

Phone: +49 211 473-4748

Fax: +49 211 473-4157

Rheinmetall Platz 1

40476 Dusseldorf

Germany

Phone: +49 211 473-01

Fax: +49 211 473-4727

© 2024 Rheinmetall AG