Seraphim Space Investment Trust said HawkEye 360 (NYSE:HAWK) has filed documents with the SEC for a proposed IPO on the NYSE, under the ticker HAWK, and such a float would imply an equity valuation of approximately $2.36 billion and raise $400 million of capital.
HawkEye 360, a space‑based intelligence and geospatial analytics firm, set an expected IPO price range of $24–$26 per share and an implied post‑money valuation of approximately $2.76 billion.
Seraphim says HawkEye 360 represented 10.1% of SSIT’s NAV at 31 December 2025.
Using the $25 midpoint, SSIT’s holding is implied at approximately $60.8 million, which would represent a +33% change in HawkEye 360 enterprise value since SSIT’s last reported valuation, or an uplift of roughly £11.1 million or +4.66p per share. SSIT’s investment will be subject to a six‑month lock‑up post‑IPO, the investment fund noted.
"HawkEye 360 exemplifies SSIT's commitment to mission critical, revenue generating SpaceTech enterprises positioned at the crossroads of space, defence, data infrastructure and national security," said Mark Boggett, Chief Executive Officer, Seraphim Space Manager LLP.
