What Happened
Space Analytics Firm Seeks Funding Amid Rebound in Listings Market
HawkEye 360, a space analytics firm, is targeting a valuation of up to $2.42 billion in its initial public offering in the United States. The company, founded in 2015, provides space-based radio frequency intelligence and data services, with the U.S. government and allied nations accounting for the bulk of its revenue. HawkEye 360 plans to list on the New York Stock Exchange under the symbol ‘HAWK’. The IPO market has regained momentum, with several big names announcing their intention to list, according to Reuters.