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…

The rest of this content is only accessible to Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.