HawkEye 360 Inc., the world’s main industrial supplier of space-based radio frequency (RF) information and analytics, immediately introduced it has added Leidos as an investor and strategic companion in a second shut of its Sequence D spherical. The $5 million funding from Leidos brings the whole worth of Sequence D funding to $150 million. As a strategic companion, Leidos will use its experience in growing superior analytics to leverage HawkEye 360’s distinctive RF geospatial intelligence information.
“We’re happy to put money into HawkEye 360 and their revolutionary work to boost geospatial intelligence options,” stated Leidos Nationwide Safety Area Government Vice President Paul Engola. “We’re assured this funding will strengthen our sturdy capabilities within the Nationwide Safety Area area. This may also create revolutionary pathways to ship daring options to our prospects as they work to safeguard U.S. and allied pursuits.”
Commercial
“HawkEye 360 is happy to welcome such a distinguished protection and intelligence chief as Leidos to our group of world class buyers,” stated HawkEye 360 CEO John Serafini. “We look ahead to harnessing their help to create important worth not just for the protection, intelligence and nationwide safety communities, but in addition for organizations addressing a number of the most complicated world challenges going through humanity and the atmosphere.”
The HawkEye 360 constellation detects, characterizes and exactly geolocates these RF alerts from a broad vary of emitters, together with VHF marine radios, UHF push-to-talk radios, maritime and land-based radar methods, L-band satellite tv for pc gadgets and emergency beacons. By processing and analyzing this RF information, the corporate delivers actionable insights that considerably profit the US authorities, worldwide governments, and a rising industrial market. PJT Companions served as unique monetary advisor and placement agent to HawkEye 360 in reference to the Sequence D capital increase. WilmerHale supplied authorized counsel for HawkEye 360 in reference to the transaction
