Rheinmetall and ICEYE to form Rheinmetall ICEYE Space Solutions.

Rheinmetall, a company specializing in security and mobility solutions, and ICEYE, a SAR satellite manufacturer, agreed to form Rheinmetall ICEYE Space Solutions, a joint venture for satellite production. Financial terms were not disclosed. "With the establishment of the new joint venture, we are making further inroads into the space domain. We are delighted to expand our cooperation with our proven partner ICEYE," Armin Papperger, Rheinmetall CEO.