HawkEye 360 Raises $416M in IPO

HawkEye 360 raised $416M with its IPO Thursday morning on the NYSE, where it is now trading under the ticker $HAWK. Deep dive: The VA-based company priced its 16M shares at $26 per share—at the top of the $24-$26 range shared in the company’s S-1 filing on May 1.  Goldman Sachs and Morgan Stanley are the lead book-running managers for the IPO, which valued the RF analysis company at $2.4B.  The company has given underwriters 30 days to purchase up to 2.4M more shares at the IPO price, which could bring in another $62.4M if all shares are purchased.  Trending: Hawkeye 360, which was founded in 2015, is the latest space company with a robust defense business to go public.  Voyager Technologies went public on the NYSE in June, raising $382.8M.  Firefly Aerospace IPOed on Nasdaq in August, raising $868M. York Space Systems went public with the NYSE in January at a $4.75B valuation. Last month, Global X also announced it had established a Space Tech ETF, trading under the symbol $ORBX, to help investors track companies that earn more than half of their revenue from space tech.  What’s next: Anticipation is building for the SpaceX IPO expected to happen this summer. The company is reportedly aiming to go public with up to a $2T valuation—which would make it the largest IPO in the history of the US.  Related Stories Business • EO Recapping Planet’s Q1 With CFO and President Ashley Johnson “That’s one of the ways that I think we’re differentiated from companies that are going to have much more binary outcomes,” she said. “If you’re selling hardware, you recognize revenue when you’ve delivered that hardware. If it fails, that’s the end of the story.”  Business The Exploration Company Completes Nyx Drop Test The test, which was completed on May 19, used a dedicated drop-test vehicle to help engineers evaluate how well parachutes and vehicle dynamics brought the capsule to a controlled stop on Earth. Business • Technology Muon Space Unveils New, Larger Satellite Bus Condor-Ultra is three times larger than its Condor-XL satellite bus, and geared toward the nascent orbital-data-center market. Business Voyager Will Acquire Astrobotic “With Astrobotic, Voyager is now a lunar platform that will have capability at every infrastructure layer needed to put Americans on the lunar surface and keep them there.” More Stories EO • Europe SatVu Positions Thermal Imaging as the Missing EO Layer Douglas Gorman May 8, 2026 May 7, 2026 Share Twitter Linkedin Facebook Copy Email Refinería de Petróleo Hermanos Díaz, Santiago de Cuba. Image: SatVu SatVu is officially back in business. The UK thermal imaging startup, fresh off a £30M (€34.7M) fundraise in February, released first light-imagery from its second satellite this week—HotSat-2. The satellite, which launched on SpaceX’s Transporter-16 rideshare in March, comes online more than two years after SatVu’s pathfinder satellite, HotSat-1, suffered a failure in orbit roughly six months into its first mission.  The new sat reignites the company’s ability to gather and sell its own thermal imagery—and SatVu is taking the opportunity to make the case that thermal data is an integral part of a robust geospatial intelligence mix. Keep reading Load More