HawkEye 360 Awards Manufacturing Contract to UTIAS SFL
HawkEye 360 awarded the manufacturing contract for its next generation of satellites the University of Toronto Institute for Aerospace Studies Space Flight Laboratory (UTIAS SFL). Enabled by HawkEye 360’s $70 million Series B financing in August, this contract aims to substantially boost on-orbit capacity to serve the company’s rapidly growing customer base. The contract will expand the constellation to 18 satellites, achieving routine revisits of less than an hour for increased global persistence.
UTIAS SFL will manufacture the bus and integrate the new Radio Frequency (RF) payload developed by HawkEye 360. The satellites aim to geolocate more signals across a wider frequency range with improved accuracy and reduced data latency for more timely delivery to customers.
“After proving the value and accuracy of our first satellites and securing the Series B investment, we are now quickly scaling our business to support customer demand,” said John Serafini, Chief Executive Officer, HawkEye 360. “These next-generation satellites will improve our capabilities and expand our constellation for faster revisit rates, which translates into better insights for a safer world across maritime, air, and land domains.”