HawkEye 360 targets up to $2.42 billion valuation in US IPO

Investing.com -- HawkEye 360 is targeting a valuation of up to $2.42 billion in its initial public offering in the United States, the space analytics company disclosed in a filing on Monday.

The Herndon, Virginia-based firm is seeking to raise up to $416 million by offering 16 million shares priced between $24 and $26 apiece.

The IPO market has regained momentum with several companies announcing their intention to list their shares in New York, after the first few months of 2026 saw volatile equity markets and escalations in the Middle East.

Elon Musk's SpaceX confidentially filed for a U.S. initial public offering earlier this month, opening the door for more companies to tap public markets and giving space-technology firms a confidence boost to move ahead with their listing plans.

HawkEye plans to list on the New York Stock Exchange under the symbol "HAWK", with Goldman Sachs (NYSE: GS), Morgan Stanley (NYSE: MS), RBC Capital Markets and Jefferies among the underwriters.

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