PRNewsWire
22 Jun 2026, 10:50 UTC · 2h ago
HawkEye 360 Announces First Quarter 2026 Financial Results
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
PRNewsWire
22 Jun 2026, 10:50 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
5 claims · each scored for market impact
HawkEye 360 reported record first quarter 2026 revenue of $49.8 million, representing a 116.5% year-over-year increase. — Triple-digit revenue growth indicates massive scaling and high demand for the company's core products.
+0.80The company maintains a significant revenue backlog of $285.0 million as of March 31, 2026. — A large backlog provides high revenue visibility and suggests sustained future growth.
+0.60HawkEye 360 raised approximately $435.9 million in net proceeds from its initial public offering in May 2026. — Substantial capital infusion reduces liquidity risk and provides a war chest for expansion and R&D.
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The company secured several international contract wins in 2026 totaling over $100 million. — Successful international expansion diversifies the customer base beyond domestic government contracts.
Six satellites were successfully launched across Clusters 13 and 14 to increase collection capacity. — Operational expansion of the satellite constellation enables the company to fulfill more contracts and improve service quality.
+0.30Which stocks this story touches
The company reported record revenue, a significant year-over-year increase, a strong backlog, and a successful IPO.
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