April 27 - HawkEye 360 has set parameters for a U.S. initial public offering that would imply a valuation of up to $2.42 billion, the space analytics company disclosed on Monday.
The Herndon, Virginia-based business is seeking to raise up to $416 million through an offering of 16 million shares, with an indicated price range of $24 to $26 per share. If completed at the top of that range, the pro forma valuation would reach $2.42 billion.
HawkEye plans to have its shares listed on the New York Stock Exchange under the trading symbol "HAWK." The underwriting syndicate includes Goldman Sachs, Morgan Stanley, RBC Capital Markets and Jefferies, according to the filing.
Company filings and planned listing details come as activity in the U.S. initial public offering market appears to be picking up. Several larger firms have recently announced intentions to pursue listings in New York after a period of uneven equity performance and geopolitical developments earlier in 2026.
Market participants have noted that a confidential filing by Elon Musk's SpaceX earlier in the month could encourage other space-technology companies to advance their own public-market plans. That confidential filing was cited as a factor that may foster additional interest from space-focused firms in tapping public markets.
This filing positions HawkEye to access public equity capital while listing with a well-known group of underwriters. The proposed share count, price band and underwriting team are now public as the company moves through the standard IPO process.
Summary
- HawkEye 360 is targeting up to a $2.42 billion valuation in its U.S. IPO.
- The company aims to raise up to $416 million by offering 16 million shares at $24 to $26 each.
- HawkEye intends to list on the NYSE under the symbol HAWK, with Goldman Sachs, Morgan Stanley, RBC Capital Markets and Jefferies as underwriters.
Context
The filing comes amid a resurgence of IPO activity in New York after early-2026 volatility in equity markets and escalations in the Middle East. The confidential filing by SpaceX earlier this month has been noted as a development that may encourage other space-sector companies to consider public listings.