Space Industry Launches Humanitarian Initiative to Support Ukraine

HERNDON, Va. (Space Industry for Ukraine PR) — Leaders of the space community today announced the Space Industry for Ukraine (SIFU), an initiative designed to fund and execute efforts that provide immediate humanitarian aid to the people of Ukraine. The initiative will be run by a steering committee, which includes HawkEye 360, National Security Space Association (NSSA), ABL Space Systems, ARKA, BlackSky, Capella Space, ICEYE, Insight Partners, Leidos, LeoLabs, Maxar, Raytheon Intelligence & Space, Rebellion Defense, Relativity Space, Riverside Research, Rocket Lab, Velos and Viasat. The steering committee will fundraise, select and monitor the execution of critical humanitarian projects throughout Ukraine and its neighboring countries. Additional participating donor companies include The Aerospace Corporation, Cognitive Space and Shield Capital.

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HawkEye 360 Raises $145 Million in Series D Round to Expand Dominance of the Commercial Radio Frequency GEOINT Market

HawkEye 360 RF geolocating microsatellite constellation. (Credit: SFL)

Herndon, Virginia, November 8, 2021 (HawkEye 360 PR) — HawkEye 360 Inc., the world’s leading commercial provider of space-based radio frequency (RF) data and analytics, today announced it has closed $145 million in new funding, priming the company to achieve transformational growth in its data and analytical services product line. This Series D round was led by New York-based global private equity and venture capital firm Insight Partners and Seraphim Space Investment Trust (LSE:SSIT), the world’s first listed space tech fund. Additional funding was provided by the Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Holding. And joining the round were new investors Jacobs, Gula Tech Adventures, 116 Street Ventures, and New North Ventures, as well as existing investors Advance, Razor’s Edge, NightDragon, SVB Capital, Shield Capital, Adage Capital, and others. This brings the total amount of capital raised to date to $302 million.

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