• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • NEWS:
  • SatNews
  • SatMagazine
  • MilSatMagazine
  • SmallSat News
  • |     EVENTS:
  • SmallSat Symposium
  • Satellite Innovation
  • MilSat Symposium

SatNews

  • HOME
  • Magazines
  • Events
  • SmallSat Europe Insights
  • Industry Calendar
    • IN PERSON
    • VIRTUAL
  • Subscribe

HawkEye 360 Secures Additional Funding

April 14, 2021

HawkEye 360 Inc. has secured $55 million in additional funding, bringing the total raised by the firm to more than $155 million — the Series C round was led by NightDragon and included further investment from existing investors Advance, Razor’s Edge Ventures, Shield Capital, Dorilton Ventures, Adage Capital, and Esri International.

Organizations and governments are increasingly expanding their digital ecosystems and seeking to leverage new information and analysis services to gain an edge in intelligence. HawkEye 360’s platform delivers RF signal data for a broad range of actionable insights across the globe. This source of commercial and unclassified information is useful to augment national security operations, maritime domain awareness, environmental protection, and many additional applications.

The funding will support the development and launch of three additional satellite clusters, expanding the scope of HawkEye 360’s planned constellation. When fully deployed by the end of 2022, the company will have nine next generation satellite clusters in orbit. The funding will also support development of complementary ground infrastructure, communications, and software to enable high-speed data processing and delivery for time-critical applications.

Artistic rendition of a HawkEye 360 smallsat on-orbit.

HawkEye 360 is the first commercial company to use formation-flying satellites to create a new class of RF data and data analytics. The company recently commissioned the first of its next generation satellites for commercial operations. Five more clusters are already funded and are on track for launches throughout 2021 and 2022.

NightDragon, which specializes in innovative growth and late-stage companies in cybersecurity, safety, security, and privacy industries, will be represented on the HawkEye 360 Board of Directors by Founder and Managing Director Dave DeWalt.

WillmerHale acted as legal counsel for HawkEye 360 in connection with the transaction.

“Satellite technology is the next frontier in today’s digital world,” said Dave DeWalt, NightDragon Founder and Managing Director. “NightDragon is proud to invest in HawkEye 360, which leads the way in commercial RF-sensing satellites. Filling this knowledge gap will allow governments, companies, and organizations to maximize their digital ecosystems. This is about cyber meeting space, using HawkEye 360’s tools for better management and protection of critical infrastructure.”

“HawkEye 360 is grateful to have NightDragon join us as a strategic investor and we believe this fundraising is indicative of our success and substantial momentum with our customers,” said HawkEye 360 CEO John Serafini. “HawkEye 360 continues to grow rapidly and improve our constellation to meet increasing customer demand. This investment will further our goal of rapid revisit and low-latency data and data analytics, so our global customers can use this information to react quickly to pressing concerns.”

Filed Under: Funding, LEO, SmallSat, Venture Capital Tagged With: Featured

Primary Sidebar

Most Read Stories

  • Space Debris, and the EU’s Space Act
  • In celebration of Juneteenth
  • Wishing Everyone a Happy July 4th … Independence Day, U.S.A.
  • Eutelsat's efforts to obtain funding to save OneWeb
  • Forrester's Digest: Starlink active in Iran

About Satnews

  • Contacts
  • History

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020

Secondary Sidebar

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy
x
Sign up Now (For Free)
Access daily or weekly satellite news updates covering all aspects of the commercial and military satellite industry.
Invalid email address
Notify Me Regarding ( At least one ):
We value your privacy and will not sell or share your email or other information with any other company. You may also unsubscribe at anytime.

Click Here to see our full privacy policy.
Thanks for subscribing!