HawkEye 360 Secures $70 Million in Series B Financing to Deploy Constellation

HERNDON, Va., August 6, 2019 (HawkEye 360 PR) – ​​​​​​​​​​​​​​​​​HawkEye 360 Inc., the first commercial company to use formation flying satellites to create a new class of radio frequency (RF) data and data analytic products, today announced that it has secured $70 million in Series B financing.

This financing capitalizes the company’s business plan to include buildout and launch of the HawkEye 360 commercial satellite constellation and development of the company’s line of RF analytic products by 2021.

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HawkEye 360 Raises an Additional $5.3 Million, Completing Series A-3 Financing Totaling $14.9 Million

HawkEye 360 Inc. has raised an additional $5.3 million in funding in a second closing, which when combined with the $9.6 million first closing, completes the company’s Series A-3 round of financing for a total of $14.9 million. Led by Raytheon Company, the Series A-3 round included participation from the Sumitomo Corporation of Americas, Razor’s Edge Ventures, Shield Capital Partners, Space Angels, and Allied Minds.

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Surrey Satellite & BridgeSat to Develop Satellite Laser Communications

surrey_logoENGLEWOOD, Colo., and BOSTON, Mass., April 12, 2016 (Surrey Satellite & BridgeSat PR) Surrey Satellite Technology US LLC and BridgeSat Inc. are pleased to announce a partnership to work towards developing a free-space optical communications system that will provide secure data downlinks from satellites to a proprietary ground network at faster speeds than equivalent radio frequency solutions.

Under this partnership, Surrey will build the flight laser terminal units that will communicate with BridgeSat’s global ground network. Together, Surrey and BridgeSat aim to provide users with a “one-stop” solution to transmit data at up to 10 gigabits per second, per link.

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