Rheinmetall and ICEYE Launch Joint Venture for Space-Based Reconnaissance
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Rheinmetall AG has established a joint venture with ICEYE, named Rheinmetall ICEYE Space Solutions GmbH, based in Neuss, Germany. Rheinmetall holds a 60% stake while ICEYE holds 40%. The venture aims to enhance Rheinmetall's space activities by providing high-resolution satellite imagery for defense and security. Operations are set to begin in 2025, with the first satellite expected to be manufactured in 2026.
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