Headlines
Rheinmetall, ICEYE partner on $2 billion German army order for space sector
Published by Global Banking and Finance Review
Posted on December 18, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 18, 2025
1 min readLast updated: January 20, 2026
Rheinmetall and ICEYE partner on a $2 billion contract to provide space-based reconnaissance data to the German army through a satellite constellation.
BERLIN, Dec 18 (Reuters) - German defence company Rheinmetall has partnered with satellite maker ICEYE to fulfil a 1.7-billion-euro ($2 billion) order from the German army for the space sector, it said in a statement on Thursday.
The joint venture, called Rheinmetall ICEYE Space Solutions, will provide space-based reconnaissance data to the German armed forces via its satellite constellation, said Rheinmetall.
The contract runs from the end of 2025 to the end of 2030 with options to extend, added the company.
($1 = 0.8531 euros)
(Writing by Miranda MurrayEditing by Madeline Chambers)
A partnership is a formal arrangement in which two or more parties agree to manage and operate a business together, sharing profits, losses, and responsibilities.
Innovation refers to the process of creating new ideas, products, or methods that improve efficiency, effectiveness, or competitive advantage in a market.
The space sector encompasses all activities related to the exploration, development, and utilization of outer space, including satellite technology, space exploration, and related services.
Reconnaissance data refers to information gathered through observation or exploration, often used in military contexts to assess enemy positions or capabilities.
A joint venture is a business arrangement where two or more parties collaborate on a specific project or business activity, sharing resources, risks, and profits.
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