Joint Venture Proposed for Satellite Production and Other Space Solutions

Joint Venture Proposed for Satellite Production and Other Space Solutions

Two companies intend to establish a joint venture for satellite production under a memorandum of understanding signed last week. The JV between Rheinmetall and ICEYE will be established at the new Rheinmetall Space Cluster in Germany."This joint venture further strengthens our focus on developing space-based technology for the needs of global defense markets." Rafal Modrzewski, ICEYERheinmetall is to be the majority shareholder in the new joint …

Lockheed Martin Partners With Rheinmetall For European Rocket Centre Of Excellence

Lockheed Martin and Rheinmetall have announced their intent to jointly create a European centre of excellence for the manufacturing and distribution of various rockets and missiles to be located in Germany. According to the two companies, Rheinmetall will lead operations of the centre of excellence, which will primarily operate in Germany and other countries. The companies are now working together to identify the best method to establish the cen…

ICEYE and Rheinmetall Form Sat Production Partnership

German arms maker Rheinmetall and Finnish satellite manufacturer ICEYE announced a joint venture last week to manufacture Synthetic Aperture Radar (SAR) satellites and other space-defense products in Neuss, Germany. The new venture, called Rheinmetall ICEYE Space Solutions, will split ownership 60/40 between Rheinmetall and ICEYE, respectively, and expects to begin production of SAR sats in the second quarter of next year. Blank checks: The part…