HawkEye 360 completed U.S. IPO raising $416 million by selling 16 million shares at $26 each, valuing the firm at ~$2.42 billion.
The company, founded in 2015, operates over 30 satellites delivering signal‑intelligence data to U.S. government and allied agencies.
HawkEye acquired ISA in December to enhance signal‑processing and classified intelligence capabilities, strengthening ties with U.S. agencies.
Trading on NYSE under ticker “HAWK” is set to begin Thursday following the IPO announcement.