{"title":"HawkEye 360 vs iQPS: Earth observation compared","url":"https://www.frontiertechintelligence.com/compare/hawkeye-360-vs-iqps","comparison":"HawkEye 360 ranks 14 on the Space 100 with a score of 82; iQPS ranks 47 with 75. HawkEye 360 is ahead on production, commercials, progress and technology. iQPS is ahead on deployment. Level on positioning, firepower and leverage. HawkEye 360 is based in Herndon, United States, iQPS in Fukuoka, Japan. HawkEye 360: Public. iQPS: Public. HawkEye 360 is named in 23 signals and iQPS in 32.","companies":[{"name":"HawkEye 360","url":"https://www.frontiertechintelligence.com/companies/hawkeye-360","city":"Herndon","country":"United States","stage":"Public","founded":null,"last_round":null,"positioning":"HawkEye 360 is a US RF-geolocation operator with a 30-satellite constellation (clusters of three since 2018; Block 4 angle-of-arrival payloads launching 2027), promoted from watchlist after it went public (ticker HAWK). FY25 revenue was $117.7M with $24.8M EBITDA (international outpacing US), and Lockheed Martin is an investor and integration partner, feeding RF intelligence into the AEGIS weapon system at Valiant Shield 2026; its December 2025 ISA acquisition generalizes emitter identification. The IPO proceeds, Q2 figures, and backlog are the open items.","assessed_in":{"domain":"Space","list":"Space 100","rank":14,"score":82,"tier":"member","scores":{"gate_ne":["firepower"],"leverage":8,"position":8,"progress":10,"firepower":8,"commercial":8,"deployment":8,"production":8,"technology":8},"why":"HawkEye 360 operates a commercial RF geolocation satellite constellation and sells radio-frequency intelligence to customers including the National Reconnaissance Office.","segment":"Earth observation","layer":"Satellites & spacecraft"},"signals_total":23,"facts_total":16},{"name":"iQPS","url":"https://www.frontiertechintelligence.com/companies/iqps","city":"Fukuoka","country":"Japan","stage":"Public","founded":null,"last_round":null,"positioning":"iQPS is a Japanese SAR operator (TSE-listed) running the QPS-SAR constellation (8+ satellites under JSAT operations contracts, QPS-SAR-15 first-light images in January 2026), which raised a JPY 15.2B PIPE in March 2026 (SKY Perfect JSAT, Mitsui Sumitomo taking 18.23%) for mass production and launches. It is a member of the winning Japanese MoD Satellite Constellation Project consortium (December 2025), the sovereign-SAR national team, carrying the same MoD-dependency flag as Synspective. Revenue is estimated at 10-100m class.","assessed_in":{"domain":"Space","list":"Space 100","rank":47,"score":75,"tier":"member","scores":{"gate_ne":["firepower"],"leverage":8,"position":8,"progress":9,"firepower":8,"commercial":4,"deployment":9,"production":6,"technology":6},"why":"iQPS operates the QPS-SAR constellation of small radar satellites, providing day-and-night Earth observation imagery with little sensitivity to cloud cover.","segment":"Earth observation","layer":"Satellites & spacecraft"},"signals_total":32,"facts_total":39}],"note":"Assessment by Frontier Tech Intelligence; facts and signals carry their sources."}