September 10, 2018-
Raytheon Company's (NYSE: RTN) Intelligence, Information and Services business is collaborating with commercial small satellite company, HawkEye 360 Inc. , as part of its ongoing focus to provide innovative commercial technologies and more precise data to the government sector.
The alliance includes a strategic investment in HawkEye 360 and provides Raytheon with a unique level of access to data, enhancing the company's analytics services for government customers.
"Our plan is to fuse HawkEye 360's geospatial information with other relevant data sources, further augmenting the intelligence we provide to our U.S. and international customers," said Dave Wajsgras , president of Raytheon Intelligence, Information and Services. "Similar to our alliances with other commercial companies, HawkEye 360's constellation will offer our customers advanced capabilities – in this case expanded coverage and deeper insights – and importantly, at a lower cost."
HawkEye 360 is pioneering the use of low-flying, small satellites to collect radio frequencies for use in next-generation geospatial services. HawkEye 360 will launch its Pathfinder cluster of three small satellites at the end of 2018, with additional clusters planned until the full constellation is in orbit by 2020.
"This will be a new layer of information unlike anything the geospatial community has had to date," said John Serafini , HawkEye 360's Chief Executive Officer. "Our alliance with Raytheon will help us provide unprecedented situational awareness for multiple customer segments and applications. We are very excited to team with Raytheon to extend our analytics to their customers."
Source : Raytheon Corporation (NYSE: RTN)
Publish date: April 2018 - Pages: 233