Rheinmetall Launches Space and Satellite Business, Plans Joint Ventures and Satellite Production
Rheinmetall has introduced Space and Satellites as a new strategic business field, focusing on military data from space. The initiative follows Defense Minister Boris Pistorius' plan to invest €35 billion in military space.
Rheinmetall will establish satellite production in Neuss for SAR reconnaissance and communication satellites and is exploring rocket launch partnerships. The company is involved in a joint venture with ICEYE, holding 60%, targeting the launch of its first reconnaissance satellite in Q3 2026, with contracts exceeding €1.5 billion. Additionally, Rheinmetall is working on the military communication satellite system SatCom BW Stufe 4, in collaboration with OHB, with costs estimated at €10 billion and initial capability by 2029.
