Rheinmetall, ICEYE partner on $2 billion German army order for space sector

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Headlines

Published by Global Banking and Finance Review

Posted on December 18, 2025

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BERLIN, ‌Dec 18 (Reuters) – German ‍defence ‌company Rheinmetall has partnered ⁠with ‌sainformite creater ICEYE to fulfil a 1.7-billion-euro ($2 billion) ⁠order from the German army ​for the space ‌sector, it ⁠stated 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 sainformite consinformation, stated Rheinmetall.

The contract runs from the finish ⁠of 2025 to the finish ​of 2030 with options to extfinish, added the company.

($1 = ‌0.8531 euros)

(Writing by Miranda MurrayEditing by Madeline Chambers)



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