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Space analytics firm HawkEye targets $2.4 billion valuation in US IPO

April 27 (Reuters) – HawkEye 360 ​​is targeting a valuation of up to $2.42 billion in its U.S. initial public offering, the space analytics company said on Monday.

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

After seeing volatile stock markets and rallies in the Middle East in the first few months of 2026, the IPO market has regained momentum with many big names announcing their intention to list their shares in New York.

Elon Musk’s SpaceX secretly filed for an initial public offering in the US earlier this month; This has opened the door for more companies to enter the public markets and given space technology firms a boost of confidence to move forward with their listing plans.

HawkEye plans to list on the New York Stock Exchange under the symbol “HAWK,” with Goldman Sachs, Morgan Stanley, RBC Capital Markets and Jefferies among the underwriters.

(Reporting by Utkarsh Shetti and Pritam Biswas in Bengaluru; Editing by Shailesh Kuber)

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