Space Analytics Firm HawkEye 360 Makes US Market Debut with Strong Gains
Stock News
6 hours ago
Space analytics company HawkEye 360 Inc. (HAWK) began trading on the U.S. stock market on Thursday. The stock surged more than 27% at the opening, reaching $33.27 per share. The initial public offering price was set at $26 per share. Founded in 2015, HawkEye 360 primarily provides signal intelligence data to defense, intelligence, and national security agencies. The company uses satellites to detect, locate, and analyze radio frequency signals globally. HawkEye 360 currently operates a fleet of more than 30 satellites, with the U.S. and allied governments accounting for the majority of its revenue.
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