FX.co ★ Rheinmetall, ICEY Expand Cooperation; Receives Distribution Rights For German And Hungarian Markets

Rheinmetall and ICEYE have announced an expansion of their collaboration. Rheinmetall will incorporate ICEYE's capabilities into their next-generation battlefield systems. The companies are working together to explore opportunities in several international markets, including Germany and Hungary, where Rheinmetall holds exclusive distribution rights for ICEYE's SAR satellites for military and governmental use.

SAR satellites provide significant advantages over conventional satellites, as they can produce high-resolution images irrespective of weather conditions or time of day. These images are exceptionally detailed, allowing for the identification of even the smallest objects.