Jacobs Invests in Leading Geospatial Analytics Company HawkEye 360

Investment strengthens technologies and solutions in national security, civilian and commercial markets

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Nov 08, 2021, 08:01 ET

DALLAS, Nov. 8, 2021 /PRNewswire/ -- Jacobs (NYSE:J) has made a strategic investment in HawkEye 360, the industry leader in radio frequency (RF) geoanalytics, providing commercially available precise mapping of global RF emissions.

Jacobs and HawkEye 360 have also entered into a distribution arrangement under which Jacobs will enhance its digital intelligence suite of technologies and solutions with HawkEye 360's RF spectrum analytics and collection automation offering.

Jacobs' minority investment in HawkEye 360 signifies its commitment to spectrum-based geoanalytics technologies and its increasingly important role in delivering solutions to address critical challenges for national security, civilian infrastructure, maritime and energy clients around the world. Strategic investment in key partners and corporate venture capital are components of Beyond If, Jacobs' program for instilling and sustaining its innovation culture.

"Hawkeye 360's satellite constellation and intuitive RF analytics platform is a game-changer for consumers of geospatial intelligence (GEOINT)," said Jacobs Critical Mission Solutions Senior Vice President of Cyber & Intelligence Caesar Nieves. "Increased spectrum awareness is imperative to near-peer competition and achieving the objectives laid out in the National Security Strategy. Leveraging Jacobs' expansive global position in defense, intelligence and civilian markets, we will be working collaboratively with Hawkeye 360 to unlock new insights about threats, targets and assets of interest."

Hawkeye 360's RF satellite technology is at the forefront of emerging commercial RF and ISR capabilities changing the landscape of GEOINT. Increased RF sensing is essential to provide a more complete picture of the global threat landscape. Hawkeye 360's existing satellite clusters collect vast swaths of RF data and use AI and machine learning to provide situational awareness of hard-to-track targets.

Jacobs and HawkEye 360 also intend to leverage their new relationship to identify additional opportunities for collaboration.

"Hawkeye 360 is delighted to partner with Jacobs, a world-leading innovator in defense, intelligence and civilian capabilities in space," said Hawkeye 360 CEO John Serafini. "As investors in our company, we will collaborate with Jacobs to deliver our RF geoanalytics technology to address the critical challenges of a broader set of clients."

Recent wins demonstrating Jacobs' leadership within the GEOINT landscape include a $302 million, single-award National Geospatial-Intelligence Agency IDIQ contract to provide wide-ranging cyber, digital services and modern software engineering that support GEOINT.

For more on how Jacobs is redefining what's possible, from space to cyber and intelligence solutions, visit jacobs.com, and read more about Jacobs' Beyond If innovation program here.

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the impact of the COVID-19 pandemic, including the emergence and spread of variants of COVID-19, and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended October 2, 2020, and in particular the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations, and our Quarterly Report on Form 10-Q for the quarter ended July 2, 2021, and in particular the discussions contained under Part I, Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item 1A - Risk Factors, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

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SOURCE Jacobs