UPDATE 1-Space analytics firm HawkEye 360 valued at $3.15 billion after NYSE debut
HawkEye 360, Inc. HAWK | 0.00 |
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May 7 (Reuters) - Shares of HawkEye 360 HAWK.N rose 30% on its New York Stock Exchange debut on Thursday, valuing the space analytics firm at $3.15 billion.
The company's shares opened at $33.8, above the offer price of $26.
The Herndon, Virginia-based firm raised $416 million in its U.S. IPO on Wednesday, selling 16 million shares at the top end of its marketed range of $24 to $26 a share.
HawkEye's debut arrives at a pivotal moment for space-technology listings, with a potential SpaceX public filing seen as a bellwether for sector confidence in equity markets.
Founded in 2015, HawkEye provides signals-intelligence data to defense, intelligence and national security agencies, using satellites to detect, locate and analyze radio frequency emissions worldwide.
