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Business/Financial

Raytheon Leads Investment Round In Commercial Satellite Company HawkEye 360

By Cal Biesecker

Tuesday, September 11th, 2018

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Raytheon Leads Investment Round In Commercial Satellite Company HawkEye 360

HawkEye 360 CEO John Serafini. Photo: HawkEye 360

HawkEye 360 has completed out a nearly $15 million investment round led by Raytheon [RTN] that will help it accelerate development of its first cluster of commercial satellites that are expected to launch in 2019.In addition to Raytheon, the $14.9 million Series A-3 funding round includes the U.S. division of Japan’s Sumitomo Corp., and the equity investing firms Razor’s Edge Ventures, Shield Capital Partners, Space Angels, and Allied Minds. Hawkeye 360 said on Monday that it had raised an additional…

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