Allied Minds will collect $65.6m for its 58% stake in data analytics satellite operator HawkEye 360, which it founded on the back of Virginia Tech research.

Commercialisation firm Allied Minds is poised to rake in $65.6m for its majority stake in HawkEye 360, a US-based data gathering satellite operator exploiting Virginia Tech research.
The cash consideration is a 5.6x return on Allied Minds’ 58% stake and represents an internal rate of return of 96% for the firm over four years. About half of the sum will be paid to Allied Minds’ shareholders.
The buyer was not named in Allied Minds’ statement, but was identified…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?