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Rheinmetall has entered into a strategic partnership with Dutch IT specialist Incooling B.V., acquiring a share in the company.
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The acquisition is expected to enhance Rheinmetall’s sensors and actuators division, while marketing its next-generation server solutions.
It is also hoped that the acquisition would strengthen their automation, sensor, alternative mobility and artificial intelligence base.
According to Rheinmetall, incooling systems feature phase change cooling technology and AI-based control systems — which are intended to reduce the operating temperature of CPUs and in turn gaining higher processing speeds with lower power use.
The applications are expected to provide significant enhancement in fields such as artificial intelligence, high-performance computing, elaborate R&D simulations and high-frequency banking transactions.
“For us, this is an important, future-oriented partnership and an investment in our strategic transformation. Incooling’s cutting-edge technology perfectly complements Rheinmetall’s existing capabilities,” Rene Gansauge, chief executive officer of Rheinmetall sensors and actuators division said.
“Rheinmetall brings to the partnership its expertise in thermal management and industrialisation and all the strength of a technology powerhouse. Together, we will achieve a sustainable footprint in the digital domain.”
Earlier in the month, the prime contractor officially commenced the local low-rate initial production (LRIP) construction on Hungary’s fleet of Lynx infantry fighting vehicles (IFVs) — marking a major milestone for the global uptake of the next-generation combat vehicles.
Rheinmetall’s state-of-the-art Lynx infantry fighting vehicle has reached its latest interim objective: promptly at the start of 2023, LRIP began in NATO member nation Hungary, the vehicle’s first customer.
The Hungarian Ministry of Defence contracted Rheinmetall in September 2020 to supply combat vehicles and related services worth over €2 billion. In the first production phase, Hungary will take delivery of 46 Lynx IFVs and command and control vehicles as well as nine Bergepanzer 3 Büffel armoured recovery vehicles, all made in Germany. In a second phase, a joint venture in Hungary will produce a further 172 Lynx IFVs and combat support vehicles.
The first of these vehicles are to be delivered in 2024. In addition to the armoured fighting vehicles, the scope of supply includes ammunition and logistic services as well as 16 trucks.
Pre-series production is an important milestone, one which also encompasses fabrication of the Lance medium-calibre turret as well as additional variants of the Lynx. Full-rate production (FRP) is due to commence in July 2023. Recruitment of qualified personnel and the inflow of technical equipment for the Lynx centre of excellence is now in full swing.
