Herndon, Virginia-based HawkEye 360 has fresh funding that will help it widen a constellation of satellites for radio frequency data tracking from space.
The space startup raised $55 million in a Series C funding round, which was led by San Francisco-based venture capital firm NightDragon. Existing investors Advance, Razor’s Edge Ventures, Shield Capital, Dorilton Ventures, Adage Capital and Esri International also participated. The company has now raised a total of $155 million, including a $70 million Series B in 2019.
With satellites that identify and process a range of radio frequency signals, HawkEye 360 aims to “reveal hidden and previously uncharted activities across land, sea and air” for governments and other organizations, according to its website. This intel can be applied for national security, maritime and environmental means.
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