US EditionICEYE and Rheinmetall Win Major Contract Worth Billions for Space Reconnaissance
The €1.7 billion contract includes AI-driven image analysis and will support NATO's eastern flank by enhancing Germany's space security and military ISR capabilities.
- On Dec. 18 the German Ministry of Defence awarded a €1.7 billion contract to ICEYE and Rheinmetall, with the joint venture Rheinmetall ICEYE Space Solutions securing the deal.
- As Germany accelerates military space investment after 2022, the MoD awarded a €1.7 billion contract following its September €35 billion space security package, emphasizing national control.
- The joint venture will own and operate SPOCK 1, a low Earth orbit constellation that supplies high volumes of SAR images, manages ground infrastructure, and uses AI‑driven image evaluation including data from ICEYE's existing constellation.
- Imagery from the constellation will protect the German Armed Forces' Lithuania Brigade and secure NATO's eastern flank, supporting Panzerbrigade 45, about 5,000 troops in Lithuania.
- Under the schedule, the contract runs from the end of 2025 to the end of 2030 with options to extend, with production starting in the third quarter of 2026 at a new Neuss, Germany facility.
17 Articles
17 Articles
Germany awards $1.9 billion SAR satellite deal to Rheinmetall-Iceye venture
New constellation would provide security for NATO’s eastern flank, German brigade in Lithuania The post Germany awards $1.9 billion SAR satellite deal to Rheinmetall-Iceye venture appeared first on SpaceNews.
Germany awards ICEYE, Rheinmetall almost $2B for new SAR satellite network
For ICEYE, the German deal is the latest in a handful of high-profile sales to European militaries as the continent moves out on a collective effort to establish “strategic autonomy” in from the United States in the space domain.
PR Newswire
ICEYE and Rheinmetall win major contract worth billions for space reconnaissance
/PRNewswire/ -- Rheinmetall and ICEYE have received a major order from the German Armed Forces for the space sector. The Federal Office of Bundeswehr...
Seraphim Space IT investee company gets significant German contract
Seraphim Space Investment Trust (LON: SSIT) investee company ICEYE along with its joint venture partner Rheinmetall has secured a €1.7bn contract for space-based reconnaissance capabilities for the German Armed Forces. This involves a dedicated synthetic aperture radar (SAR) satellite constellation with AI driven image evaluation. The contract starts at the end of 2025 and lasts […] The post Seraphim Space IT investee company gets significant Ge…
Rheinmetall and ICEYE have communicated that they have received an important order from Bindeswehr for the space sector. In fact, the Federal Office of Equipment, Information and Support in Service of the Bundeswehr (BAAINBw) has commissioned Rheinmetall ICEYE Space Solutions to provide the German Armed Forces with spatial reconnaissance data through exclusive access to a synthetic-opening satellite radar constellation (SAR)....
Morning briefing: Seraphim's ICEYE wins €1.7bn German army contract; DL Invest says ASLI board failing in its duty; SWEF sells problem Dublin loan; ADIG liquidation update; plus CIC, MPO, WKOF
Seraphim Space (SSIT) says ICEYE, the €2.4bn (£2.1bn) Finnish satellite constellation operator that is its largest holding at 34.7% of net asset value, has won a €1.7bn contract with Germany’s armed forces through its joint venture with Rheinmetall, the German defence and automotive technology group. The contract to deliver space-based reconnaissance capabilities is expected to […]
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