What Happened
Satellite Operator Launches Roadshow, Seeks Public Listing
HawkEye 360, a commercial satellite operator, has launched its initial public offering roadshow and set the terms for its listing on the New York Stock Exchange. The company plans to offer 16 million shares at a price range of $24-$26 each, potentially raising between $384 million and $416 million. HawkEye 360 aims to achieve a valuation of $2.4 billion through the IPO, with proceeds to be used in part to fund the acquisition of Innovative Signal Analysis. The company has completed several large capital raises in recent years, including a $150 million Series E round, and has posted $117.6 million in revenue for 2025, with U.S. government work representing 61% of sales. This development was first reported by Washington Technology.