aerospace / news / / Reuters
The Virginia-based firm sold 16 million shares priced at $26 apiece in the IPO, giving it a valuation of roughly $2.42 billion.
HawkEye 360 raised $416 million in its IPO at a $2.42 billion valuation.
KEY POINTS
- The company acquired ISA in December to enhance signal processing and classified intelligence capabilities.
- HawkEye 360 operates over 30 satellites primarily serving U.S. government and allied nations' intelligence needs.
- The company will trade on the NYSE under the symbol 'HAWK' starting Thursday.
COMPANIES
Summarized by Newsio from Reuters. How we summarize →