Innovative Signal Analysis, Inc. (“ISA”), a Dallas-based provider of high-performance signal-processing technologies, has been acquired by HawkEye 360. ISA provides mission-critical signal and image processing capabilities that enhance situational awareness and enable real-time threat detection and alerts. The deal, announced December 18th, was supported by $150 million in equity and debt financing.
Founded in 1997, ISA has been at the forefront of the design, development, integration and sustainment of some of the nation’s most critical Signals Intelligence (“SIGINT”) systems. The company delivers advanced algorithms, edge and cloud-based processing solutions, proprietary hardware solutions and deep engineering expertise in support of National Security, Defense and Homeland Security missions. ISA has 170 employees, the vast majority with security clearances.
“We’re very excited to be joining forces with HawkEye 360. The combined organization provides a highly talented, mission-focused technical team with a track record of innovation and contribution to National Security,” said Dr. Stacy Kniffen, President of ISA. “Collectively, we offer disruptive solutions for our defense and intelligence customers, providing timely, mission-critical data products enabled by advanced algorithms and automation in a cost-effective, resilient, highly proliferated space architecture.”
“This acquisition marks a transformative moment in our long-term vision for HawkEye 360,” said John Serafini, CEO of HawkEye 360. “ISA’s engineering excellence and signal-processing expertise strengthen the core of our platform and move us closer to becoming the industry’s central hub for all-domain signals intelligence. This investment expands the capabilities we can deliver to our customers, reinforces our role as a defense-tech leader, and supports our mission to help make a safer and more secure world.”
Philpott Ball & Werner, LLC served as exclusive financial advisor to Innovative Signal Analysis, Inc.
About Philpott Ball & Werner (“PB&W”)
Founded in 1991, PB&W is a premier middle-market investment bank that provides merger, acquisition and company sale advisory services, as well as providing fairness opinions and advisory services for select private placements. PB&W serves clients throughout North America, the United Kingdom and the European Union with offices located in greater Boston and Charlotte. To learn more about PB&W, please visit www.pbandw.com.
