{"id":52519,"date":"2023-10-18T21:42:47","date_gmt":"2023-10-18T13:42:47","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/lockheed-martin-invests-10m-in-hawkeye-360\/"},"modified":"2023-10-18T21:42:47","modified_gmt":"2023-10-18T13:42:47","slug":"lockheed-martin-invests-10m-in-hawkeye-360","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/lockheed-martin-invests-10m-in-hawkeye-360\/","title":{"rendered":"Lockheed Martin Invests $10M in HawkEye 360"},"content":{"rendered":"<\/p>\n

HawkEye 360<\/strong>, which operates a constellation of satellites that sense radio frequency transmissions on Earth, has raised an additional $10 million from Lockheed Martin <\/strong>and company insiders, the company announced Wednesday. The funding will used in the development of new satellites and other technologies such as artificial intelligence and data fusion.<\/p>\n

Terms of the deal include a cooperative agreement between HawkEye and Lockheed to develop \u201cend-to-end remote sensing solutions for government and commercial customers, with a particular focus on delivering sophisticated RF intelligence systems globally,\u201d HawkEye 360 said.<\/p>\n

HawkEye 360 is currently developing its Block 3 satellite architecture, which will include \u201cnew satellite buses and the next major change in our constellation\u2019s capability to serve customers\u201d Adam Bennett, the company\u2019s vice president of marketing, told Defense Daily<\/em> in an email response to questions.<\/p>\n

The Block 3 satellites will begin with HawkEye 360\u2019s Cluster 14. No launch date is set for that cluster. Currently, the company has 21 satellites in orbit, three with the Block 1 architecture that were launched in December 2018, and 18 with the Block 2 architecture that have been deploying since January 2020.<\/p>\n

The new funding by Lockheed Martin\u2019s ventures unit and company insiders brings the total Series D-1 round to $68 million. The initial $58 million was announced in July and was led by BlackRock with participation by Manhattan Venture Partners, Insight Partners, NightDragon, Strategic Development Fund, Razor\u2019s Edge, Alumni Venture, and Adage Capital.<\/p>\n

The investment by Lockheed Martin gives HawkEye 360 a premier partner in U.S. and global defense markets.<\/p>\n

\u201cLockheed Martin\u2019s leadership as a system integrator and their signal processing capability will expand what HawkEye 360 can accomplish as we work together to make the world a safer and more secure place,\u201d John Serafini, CEO of the commercial remote sensing company, said in a statement.<\/p>\n

Chris Moran, who runs Lockheed Martin Ventures, said in a statement that \u201cwe see synergies between our programmatic analytical expertise and HawkEye 360\u2019s commercial RF data generating constellation. HawkEye 360 has the potential to apply highly tailored RF solutions to fit our customers\u2019 mission.\u201d<\/p>\n

In addition to AI and data fusion, HawkEye 360 is also investing in multi-intelligence orchestration to get more value from the RF data that is collected as customers seek more \u201ctactically relevant RF intelligence,\u201d the company said.<\/p>\n

At the outset of Russia\u2019s invasion of Ukraine in February 2022, HawkEye 360 used its satellites to detect GPS interference to help identify Russian forces and assets and where they were moving. The company has a contract with the National Reconnaissance Office, which is assessing the capabilities of the RF sensing satellite data.<\/p>\n

This article was first published by Defense Daily<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

HawkEye 360, which operates a constellation of satellites that sense radio frequency transmissions on Earth, has raised an additional $10 million from Lockheed Martin and company insiders, the company announced Wednesday. The funding will used in the development of new satellites and other technologies such as artificial intelligence and data fusion. Terms of the deal […]<\/p>\n","protected":false},"author":1,"featured_media":47834,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-52519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/52519"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=52519"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/52519\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/47834"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=52519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=52519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=52519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}