HawkEye 360 closes $478.4 million IPO
The satellite intelligence company completed its offering in May 2026.
HawkEye 360 closed its initial public offering on May 8, 2026, selling 18.4 million shares at $26 each. The $478.4 million gross amount included the underwriters’ fully exercised option.
The company uses satellites to collect radio-frequency signals and produces intelligence for defense, government and commercial customers. It used part of the proceeds to repay borrowing and meet an acquisition-related payment, with the remainder for corporate and working capital needs.