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HawkEye 360 has generated $55 million from a Series C fundraising round, led by venture capital firm Night Dragon, to seed radio frequency sensing satellite development and deployment. The new capital, which brings HawkEye 360's total funds raised to more than $155 million, will be used to build nine additional satellites in three clusters for RF data collection and analytics work, the company said Monday.
MoreHawkEye 360 has appointed Kari Bingen, former deputy under secretary for intelligence and security at the Department of Defense, as chief strategy officer to provide guidance as the company navigates an evolving space policy landscape and a growing radio frequency (RF) data and analytics market. "Few people have the same depth of knowledge about space and intelligence policy as Kari Bingen," said CEO John Serafini.
MoreHawkEye 360 will use its satellite constellation to provide the National Geospatial-Intelligence Agency with radio frequency data and analytics in support of a pilot program centered on the use of commercial RF GEOINT. The company said Wednesday it will offer the service to help analysts perform augmented intelligence works to support various NGA missions.
MoreHawkEye 360 has finished environmental testing activities for a new cluster of radio frequency-based geospatial intelligence satellites slated to launch later this year.
MoreHawkEye 360 has expanded the range of radar signals applicable for mapping with the company's radio frequency geolocation platform. The company said Thursday its RFGeo product now covers S-band radar signals and additional X-band signals for maritime situational awareness.
MoreHawkEye 360 has named Martin Faga of the National Reconnaissance Office, Joan Dempsey of Intelligence at the Defense Intelligence Agency and former senator Joe Donnelly to its advisory board to add defense and intelligence expertise, the company announced on Thursday.Â
MoreHawkEye 360 announced on Wednesday that the company awarded the manufacturing contract for its next generation of satellites through its $70 million Series B financing. The contract will boost on-orbit capacity to serve the company's rapidly growing customer base and expand the constellation to 18 satellites.Â
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