Rheinmetall has expanded its vehicle portfolio to include innovative light hybrid/electric-powered vehicles by acquiring Dutch start-up REEQ, the German company announced on 18 March 2024.
A full 100% of REEQ shares were acquired by Dutch subsidiary Rheinmetall Defence Nederland at the beginning of this month. Both parties agreed not to disclose the purchase price.
REEQ, which began operating in 2018, has developed a new generation of mobility that combines tactical transport with a mobile energy source (microgrid) and is fully prepared for autonomy. The technology was developed and is produced in the Netherlands.
Currently, REEQ’s vehicle portfolio consists of an unmanned ground vehicle (UGV), a side-by-side buggy and a quad bike, all three with exactly the same modular drive train that can be hybrid powered or fully electric.
“Through the acquisition of REEQ, Rheinmetall is able to serve the Dutch and European market in the field of light tactical mobility, both manned and unmanned, in combination with a microgrid solution,” Rheinmetall stated in a press release. “Rheinmetall’s industrial strength and the innovative power of a start-up complement each other. Within the Rheinmetall Group, REEQ retains its status as a start-up in the field of development. The further development and series production of these vehicles will also take place in the Netherlands.”
Located in the city of Ede, Rheinmetall Defence Nederland is part of Rheinmetall’s Vehicle Systems Division and is a wholly owned subsidiary of Rheinmetall Landsysteme.
