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Business/Financial

Lockheed Martin Invests In Satellite RF Sensing Company HawkEye 360

By Cal Biesecker

Wednesday, October 18th, 2023

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Lockheed Martin Invests In Satellite RF Sensing Company HawkEye 360

HawkEye 360 satellites. Image: HawkEye 360

HawkEye 360, which operates a constellation of satellites that sense radio frequency transmissions on Earth, on Wednesday said it has raised an additional $10 million from Lockheed Martin [LMT] and company insiders that will used in the development of new satellites and other technologies such as artificial intelligence and data fusion. Terms of the deal include a cooperative agreement between the two companies to develop “end-to-end remote sensing solutions for government and commercial customers, with a particular focus on delivering…

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