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Rheinmetall to expand satellite business, citing Ukraine support deal


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  The joint venture with ICEYE will focus initially on manufacturing Synthetic Aperture Radar (SAR) satellites before expanding to other space capabilities.

Rheinmetall, a German defense company, is planning to expand its satellite business due to increasing demand for satellite imagery and data, particularly from military and government clients. The company aims to launch new satellites and enhance its capabilities in Earth observation, communication, and reconnaissance. This expansion is driven by the growing need for real-time data and intelligence, especially in light of geopolitical tensions and security concerns. Rheinmetall's move into the satellite sector is part of a broader trend of defense companies investing in space technology to meet the evolving needs of their clients.

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[ https://www.yahoo.com/news/rheinmetall-expand-satellite-business-citing-090058338.html ]