Latest news with #RafalModrzewski
Yahoo
08-05-2025
- Business
- Yahoo
Rheinmetall and ICEYE plan to establish a joint venture - satellite production and other space solutions in the new Rheinmetall Space Cluster
The joint venture further strengthens ICEYE's focus on developing space-based defense technology. HELSINKI and DUSSELDORF, Germany, May 8, 2025 /PRNewswire/ -- Rheinmetall and the globally leading SAR satellite manufacturer ICEYE are further intensifying their cooperation. The two companies intend to establish a joint venture for satellite production. A memorandum of understanding to this effect was signed on May 8, 2025. Rheinmetall is to be the majority shareholder in the new joint venture named Rheinmetall ICEYE Space Solutions with 60 per cent of the shares, while ICEYE will hold 40 per cent. The foundation is still subject to definitive agreements and official approvals. As part of a Rheinmetall Space Cluster in Germany, Rheinmetall ICEYE Space Solutions is to manufacture satellites, starting with Synthetic Aperture Radar (SAR) satellites and subsequently other space solutions. Production is to take place at the Neuss site, among others, and is scheduled to begin in the second quarter of 2026. "With the establishment of the new joint venture, we are making further inroads into the space domain," says Armin Papperger, CEO of Rheinmetall AG. "We are thus not only responding to the increased demand for space-based reconnaissance capabilities among armed and security forces worldwide, but also contributing to the preservation and expansion of Germany as a centre of technology. Our highly qualified colleagues at the Neuss site are being given a promising new perspective for the future. We are delighted to expand our cooperation with our proven partner ICEYE." "ICEYE aims to be the primary provider of critical infrastructure for intelligence, surveillance, and reconnaissance (ISR) to allied nations. We are excited to deepen our strategic collaboration with Rheinmetall by establishing a joint venture. This joint venture further strengthens our focus on developing space-based technology for the needs of global defense markets and securing sovereign defense capabilities for Europe," says Rafal Modrzewski, CEO and Co-founder of ICEYE. SAR satellites offer the advantage over conventional satellites that they can generate high-resolution images regardless of weather conditions or time of day. These are very detailed and make even the smallest objects on the earth's surface identifiable. This can bring decisive advantages for the armed forces in terms of surveillance, target acquisition, reconnaissance, or their own positioning on the battlefield. Back in June 2024, the Düsseldorf-based technology group Rheinmetall announced its participation in the world's largest fleet of radar reconnaissance satellites. In September 2024, Rheinmetall and ICEYE had further intensified their cooperation. In the course of this, Rheinmetall had secured exclusive rights to market the SAR (Synthetic Aperture Radar) satellites to military and government end users in both the German and Hungarian markets. The first major milestone in the intensified cooperation between Rheinmetall and the SAR satellite company ICEYE was reached in November 2024. To meet Ukraine's urgent need for SAR imaging satellite reconnaissance capabilities, Rheinmetall and Ukraine had signed a contract with the support of the German government. The agreement extends the SAR data and other support that Ukraine received from ICEYE during the war. About ICEYE ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before. Owning the world's largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as defense and intelligence, insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development. ICEYE operates internationally with offices in Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the US. We have more than 700 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation. Media contact: press@ Visit and follow ICEYE on LinkedIn and X for the latest updates and insights. View original content to download multimedia: SOURCE ICEYE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
15-03-2025
- Business
- Associated Press
ICEYE launches four new satellites and introduces its new Generation 4 satellite
ICEYE's latest SAR satellite innovation, the Generation 4 satellite, brings unique imaging capabilities for enhanced target detection and classification, serving the need for space-based technology in the global defense and ISR markets. HELSINKI, March 15, 2025 /PRNewswire/ -- ICEYE, the global leader in synthetic aperture radar (SAR) satellite imaging for high-fidelity Earth Observation, persistent monitoring, and natural catastrophe solutions, has successfully launched four new 25 cm resolution satellites, strengthening the company's SAR satellite constellation, the largest in the world. Among the satellites was ICEYE's Generation 4 satellite ('Gen4"), marking another leap in the company's rapid innovation in SAR technology. These satellites will extend ICEYE's leadership in imaging for the most challenging applications in natural catastrophe response and national security. The satellites were integrated via Exolaunch and successfully lifted off on March 15, 2025, aboard the Transporter-13 rideshare mission with SpaceX from Vandenberg Space Force Base in California, USA. Each spacecraft has established communication, and routine commissioning operations are underway. ICEYE's Gen4 satellite provides the best SAR image quality available and marks a significant breakthrough in SAR satellite technology and in the industry. This groundbreaking technology advancement builds on ICEYE's space heritage and doubles both the size of the SAR antenna and radiated SAR power. This enables Gen4 satellites to more than double the imaging area, ranging from 150 km to 400 km swath width. The images contain 30% greater information density. The improvements also include advanced orbit control for target imaging, and more imaging capacity for congested areas in a single satellite pass. This new generation will empower customers with enhanced situational awareness, faster decision-making capabilities, and improved mission outcomes. Detection and classification of vessels, vehicles, or aircraft will be much easier, which is key in demanding defense and intelligence environments. ICEYE will release further details about the full suite of Generation 4 technology improvements and customer applications in the coming weeks. 'With the launch of the Generation 4 satellite, ICEYE continues to lead the innovation in the SAR satellite industry. As we aim to be the primary provider of critical infrastructure for intelligence, surveillance, and reconnaissance (ISR) to allied nations, our SAR development serves the growing demand for space-based technology in the global defense markets,' said Rafal Modrzewski, CEO and Co-founder of ICEYE. With today's launch, ICEYE has launched 48 SAR satellites into orbit for the company and its customers since 2018 and plans to launch more than 20 new satellites annually in 2025, 2026, and beyond. ICEYE's first launch of the year in January 2025 successfully deployed four new satellites. About ICEYE ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before. Owning the world's largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as defense and intelligence, insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development. ICEYE operates internationally with offices in Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the US. We have more than 700 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation.
Yahoo
10-02-2025
- Business
- Yahoo
ICEYE and SATIM enter partnership on joint development for new, AI-powered SAR imagery analysis products
ICEYE and SATIM will enhance the use of SAR data by combining SAR imagery and advanced analytics. HELSINKI and KRAKOW, Poland, Feb. 10, 2025 /PRNewswire/ -- ICEYE, the global leader in Synthetic Aperture Radar (SAR) satellite operations for high-fidelity Earth Observation, and SATIM, a world-leading provider of AI-based solutions for Automatic Target Recognition (ATR) on SAR imagery, have today announced the signing of partnership agreement for joint product development. The companies will combine ICEYE's industry-leading satellite imagery with SATIM's cutting-edge AI-powered imagery analytics solutions into new products enabling prompt, high-confidence detection and classification of vessels, aircraft, and land vehicles. After an initial pilot phase, the partners plan to release a series of generally-available products in 2025. ICEYE owns and operates the world's largest SAR satellite constellation, providing customers unprecedented access to 25 cm high-resolution imagery of any location on Earth, regardless of the weather conditions or day/night conditions. ICEYE's unique, innovative satellites provide imagery with the industry's highest resolution and scene sizes up to 840 km2, and hourly revisit rates for points around the globe. ICEYE has launched 44 satellites for its own and its customers' use since 2018 and plans to launch more than 20 new satellites annually in 2025, 2026, and beyond. SATIM is a world-leading AI technology company specializing in Automatic Target Recognition (ATR) using Synthetic Aperture Radar (SAR) imagery. Harnessing the power of AI and SAR imagery, SATIM offers three highly accurate AI-based solutions that enable fast, highly accurate detection, classification, and identification of targets —anywhere, anytime. These advanced solutions are data-agnostic, near real-time, and cover a wide catalog of objects. Rafal Modrzewski, CEO and Co-founder of ICEYE said: "Our partnership with SATIM is an important step on our journey towards becoming the global source of truth. By combining our world-leading SAR imagery and capabilities with SATIM's powerful AI-driven SAR image analytics, we will be able to serve our customers with easy, direct access to actionable intelligence and insights. Improving situational awareness with satellite-based intelligence will enable informed and rapid decision-making where it is needed the most." Jacek Strzelczyk, CEO and Co-founder of SATIM, said: "At SATIM, we continue to set the standards in AI-powered SAR analytics, and our collaboration with ICEYE, a leading SAR imagery provider, is an important milestone in our pursuit of excellence. This partnership marks a significant step in our commitment to advancing space-based solutions that provide critical insights for those on Earth. As we continue to explore new ways to advance the field, this partnership represents an exciting step ahead, and we look forward to what lies ahead in this evolving landscape." About ICEYE ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before. Owning the world's largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development. ICEYE operates internationally with offices in Finland, Poland, Spain, the UK, Australia, Japan, UAE, Greece, and the US. We have more than 700 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation. Media contact: press@ Visit and follow ICEYE on LinkedIn and X for the latest updates and insights. About SATIM SATIM revolutionizes the analysis of synthetic aperture radar (SAR) imagery with AI-based solutions. With over a decade of experience, proprietary solutions, and strong partnerships, the company delivers exceptional precision—automatically detecting and classifying objects with up to 90% accuracy. SATIM's technology is powered by OREC, an advanced AI-based software solution designed for strategic monitoring of targets in the open ocean, coastal areas, ports, and on land. Pushing the boundaries of innovation, SATIM equips customers with cutting-edge solutions, and its industry-leading target detection and classification accuracy provides invaluable information for military, government, and commercial applications, enabling informed decision-making in dynamic environments. Media contact: Visit and follow SATIM on LinkedIn for the latest updates and insights. View original content to download multimedia: SOURCE ICEYE Sign in to access your portfolio
