HawkEye 360 secures $125 million revolving credit facility
26 FOMOThe company entered a revolving credit facility with a May 2031 maturity. The financing provides flexibility for working capital, capital expenditures, strategic investments and general corporate purposes. Bank of America acts as administrative agent. The company said the facility would support its expanding space-based RF data and analytics business.
Why it matters
The facility supplements the capital raised through the IPO and gives HawkEye additional flexibility for constellation investment and acquisitions.
The numbers
Money
Entered into a $125 million revolving credit facility maturing in May 2031.
SourceSpecs & figures
Entered into a $125 million revolving credit facility maturing in May 2031.
SourceDetails
Funding
- Round
- credit facility
- Lead investor
- Bank of America
- Investors
- Bank of America
Coverage
-
HawkEye 360 Investor Relations ·
HawkEye 360 Enters Into $125 Million Revolving Credit FacilityHawkEye 360 entered a $125 million revolving credit facility maturing in May 2031. The facility provides additional liquidity for investment in its RF data and analytics platform, constellation expansion, product development and other strategic initiatives. Bank of America is the administrative agent.
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Veenie.Space Telemetry
The company entered a revolving credit facility with a May 2031 maturity. The financing provides fle