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Rheinmetall and ICEYE launch space joint venture in Neuss to expand reconnaissance capabilities - Defence Industry Europe

The newly formed company is based in Neuss, with Rheinmetall holding a 60% majority stake and ICEYE Oy owning the remaining 40%. Operations are set to begin in 2025, with the first satellite to be manufactured locally the following year. “With Rheinmetall ICEYE Space Solutions GmbH, we are further expanding our capabilities in the field of space-based reconnaissance,” said Armin Papperger. “The joint venture is an important step towards providin…

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At the Rheinmetall site in Neuss, North Rhine-Westphalia, the first space satellites are scheduled to roll off the grid next year - instead of car parts as before. The Group is rebuilding the plant for this purpose.

·Hamburg, Germany
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In its weapons production, Rheinmetall has largely retained ground grip, whether with howitzers or tanks. However, drones are now also in the program - and now the view goes up into space.

Rheinmetall AG and ICEYE , world leader in SAR satellite operations (Synthetic Aperture Radar), completed the establishment of their joint venture, Rheinmetall ICEYE Space Solutions GmbH, based in Neuss, Germany. As a majority shareholder, Rheinmetall AG holds 60% of the joint venture shares, while ICEYE Oy holds the remaining 40%....

·Italy
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Rheinmetall plans to begin production as early as 2026 in partnership with the Finnish satellite company Iceye. The satellites are intended to provide high-resolution reconnaissance images for the military.

The armaments company Rheinmetall is expanding its portfolio with space satellites. A joint venture with Iceye was founded for this purpose.

·Germany
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nn.de broke the news in on Friday, November 7, 2025.
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