HawkEye 360 Receives $40M in Debt Financing from Silicon Valley Bank

HawkEye 360

HawkEye 360, a Herndon, VA-based provider of space-based RF data and analytics, received $40M in debt financing from Silicon Valley Bank.

The company intends to use the funds to enhance its technological infrastructure and continue the buildout of its satellite constellation.

Led by CEO John Serafini, HawkEye 360 is a defense technology company advancing space-based technology to detect, characterize, and geolocate RF signals. These RF data and analytics allows analysts to detect the first glimpse of suspicious behavior, trace the first sign of enemy activity, and reveal the first sighting of ships attempting to vanish. HawkEye 360’s RF data and analytics provides early warnings to drive efforts and providing global leaders the insights needed to make decisions confidently.

Over the past 12 months, HawkEye 360 has raised $108m across its Series D-1 round and this debt financing.

FinSMEs

03/04/2024