TL;DR / Executive Summary
- (1) HawkEye 360 has secured a defence contract worth up to $75 million with a European Ministry of Defence for space-based electronic warfare services.
- The company will provide air defence and GPS interference monitoring using its satellite signals intelligence platform.
- (2) HawkEye has also raised an additional $23 million in a second close of its Series E financing round.
- The funding supports platform expansion and the integration of Innovative Signal Analysis as demand for space-based signals intelligence grows.
(1) Herndon, VA, (March 2, 2026) – HawkEye 360, the global leader in electronic warfare data and analytics, today announced selection by a European Ministry of Defense for an electronic warfare program valued at up to $75 million. The award reflects sustained European investment in space-based electronic warfare capability to support sovereign defense planning and long-term operational awareness.
“This program highlights how European defense organizations are advancing their ability to monitor and assess complex air defense environments independently,” said Andrea Bersan, Vice President of International Business Development and Partnerships at HawkEye 360. “The scale and cadence of this engagement align closely with European requirements for trusted electronic warfare capabilities that integrate into national defense workflows and support sovereign decision-making.”
“This engagement reflects how ministries are scaling their use of space-derived signals intelligence to meet evolving defense requirements,” said Alex Fox, President HawkEye International. “Operational use of commercial electronic warfare capabilities in active conflict environments has demonstrated its value in supporting time-sensitive decision-making, and we are committed to expanding these capabilities across Europe as nations modernize their ISR architectures.”
Under the contract, HawkEye 360 will deliver a subscription to its Air Defense and GPS Interference Monitoring services, enabling the customer to monitor and assess this activity across areas of interest. These collections provide a consistent operational picture that complements existing national capabilities and contributes to broader regional defense awareness.
(2) Herndon, VA (March 4, 2026) – HawkEye 360, the global leader in signals intelligence data and analytics, today announced an additional close of its Series E financing, raising approximately $23 million in new capital. The second close includes participation from new investors Ghisallo, Principia Growth, and Sixty Degree Capital, as well as continued participation from existing investor Strategic Development Fund (SDF).
“The continued participation from both new and existing investors underscores confidence in our strategy and the progress we’re making as we scale the business,” said John Serafini, CEO of HawkEye 360. “We are advancing our capabilities through the integration of ISA and continued investment in our platform, supporting the signals intelligence our partners rely on to inform their missions.”
HawkEye 360 will use capital to strengthen its balance sheet and continue executing its strategic growth priorities, including the integration of Innovative Signal Analysis (ISA).
“This additional close reflects our disciplined approach to capital formation,” said Craig Searle, CFO of HawkEye 360. “It strengthens our balance sheet and provides flexibility as we continue integrating ISA, advancing our platform, and managing growth in a thoughtful and deliberate way.”
