HawkEye 360 CEO John Serafini said the company is considering pursuing a new funding round and possibly an initial public offering in the next two years, SpaceNews reported Friday.
“As we contemplate our next round, I think we will continue to look for private sources of capital, particularly for perhaps a pre IPO round, in anticipation of an IPO likely in 2024 or 2025 depending upon the macro conditions,” Serafini during a symposium held Thursday in New York City.
He added that HawkEye 360’s work with intelligence and military customers has helped the Herndon, Virginia-based geospatial analytics contractor to navigate changing market conditions.
The company has secured $300 million through six rounds of funding since its establishment in 2015. In January, the space-based radio frequency data provider closed a Series D financing round that includes a $5 million investment from Leidos (NYSE: LDOS).
