HawkEye 360 Secures Funding for 2021 Constellation Completion
HawkEye 360 received $70 million in Series B funding, which will allow it to finance expansion and launch of its RF-monitoring satellite constellation and development of its line of RF analytic products by 2021, it said Tuesday. It said funding…
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sources included Airbus, Shield Capital Partners, Razor's Edge Ventures and Esri. It said a second satellite cluster should be ready for launch early next year to join its already orbiting cluster, and the financing will allow development and launch of four extra clusters, resulting in a fully operational constellation of 18 satellites. Since its 2015 founding, it has raised more than $100 million in funding, it said.