Paladin Portfolio Company, HawkEye 360 Successfully Completes Initial Public Offering

Paladin Capital Group congratulates its Cyber Fund III portfolio company HawkEye 360 on the successful completion of its initial public offering. HawkEye 360, a category-defining defense tech radio frequency (RF) satellite intelligence and security platform, began trading on the New York Stock Exchange on May 7 under the ticker symbol "HAWK." The IPO raised over $400 million at the top end of its expected price range, pricing at $26 per share.

HawkEye 360 is equipping defense, intelligence, and national security leaders with mission-critical signals intelligence to enable faster, better decision-making. By detecting, geolocating, and characterizing RF emissions worldwide, HawkEye 360 delivers trusted domain awareness and early-warning indicators to the US Government and allied partners. Their space-based collection, proprietary signal processing, and AI-powered analytics transform knowledge of RF spectrum into a strategic advantage. Proven by operational mission success, HawkEye 360 is redefining how signals intelligence strengthens national and global security.

HawkEye 360's curated data and intelligence can enforce sanctions at sea, monitor border and maritime corridors, detect spectrum attacks on critical infrastructure, and track electronic warfare deployments in real time.

"HawkEye 360's IPO is a tremendous accomplishment and reflects the continued discipline of its founder and CEO, John Serafini, and its management team to grow and scale the company from startup into a leading space and defense tech platform," said Michael Steed, Paladin Capital Group Founder and Managing Partner. "HawkEye 360 stands as an excellent example of Paladin's investment thesis since the firm's inception of the dual use innovation economy's critical role in modernizing US and allied defenses towards the common purpose of the security and protection of our critical infrastructure, our country, and our allies. All of us at Paladin would like to express our hearty congratulations to HawkEye on this milestone. We also thank John Serafini and the leadership for their vision and all Hawkeye employees for their dedication and commitment."

About Paladin Capital Group

Paladin Capital Group was founded in 2001 and has offices in Washington DC, New York, London, Luxembourg, and Silicon Valley. As a multi-stage investor, Paladin's core strength is identifying, supporting and investing in innovative companies that develop promising, early-stage technologies to address the critical cyber, AI, and advanced technological needs of both commercial and government customers.

Combining proven investment experience with deep expertise in global security, cyber technology and cutting-edge research, Paladin has invested in more than 85 companies since 2008 and has been a trusted partner to investors, entrepreneurs and governments for over two decades. For more on Paladin Capital Group, follow us on LinkedIn or visit our website.