HawkEye 360 Forms Advisory Board of Four Leading U.S. Security Experts

HawkEye 360 Inc. today named four leading U.S. experts in the intelligence, data analysis and satellite sectors to an Advisory Board that will oversee efforts to develop a network of small satellites in low Earth orbit (LEO) to help monitor ships, planes and other transportation networks as well as assist with emergency response.

The Advisory Board:

• Scott Large, former Director of the National Reconnaissance Office;
• Rand Beers, former Acting Secretary of Homeland Security under President Barack Obama;
• Lt Gen (ret.) David Deptula, Dean of the Mitchell Institute of Aerospace Power Studies; and
• Gwyn Whittaker, a senior executive leader with a broad base of technology experience in the Intelligence Community

John Serafini, Vice President at Allied Minds (LSE: ALM) and Chief Executive Officer of HawkEye 360, said:

"Commercial spending on ‘big data’ applications in communications and energy this year is expected to reach as much $2 billion. With the help of these top minds, HawkEye 360 is well-positioned to maximize the opportunity that space-based detection of radio-frequency signals provide in the commercial realm as well as in the public sector.”

Notes to Editors:

Biography: Scott Large

Scott Large is an intelligence officer who served as the Director of the National Reconnaissance Office. He managed the research and development, acquisition, and worldwide operation of the United States’ overhead reconnaissance systems, supporting the intelligence and operational needs of the Intelligence Community and of the Department of Defense. He previously served as the Principal Deputy Director of the National Reconnaissance Office, and as the Central Intelligence Agency's Associate Deputy Director for Science and Technology. Since retiring from government service, Large has served as Senior Vice President of Intelligence and Space for SRA International, Inc. and as a Director for Deloitte Consulting LLP.

Biography: Rand Beers

Rand Beers recently retired as Deputy Homeland Security Advisor to the President of the United States. He also served as Acting Secretary of Homeland Security under President Barack Obama and as Under Secretary for the National Protection and Programs Directorate (NPPD), where he led integrated efforts to reduce risk to physical, cyber, and communication infrastructure. He has served on the National Security Council under four Presidents, and is a veteran of the United States Marine Corps. Beers has deep expertise on a wide spectrum of homeland security issues, from counterterrorism efforts to cybersecurity.

Biography: Lt Gen (ret.) David Deptula

Lt Gen (ret.) David Deptula is the Dean of the Mitchell Institute of Aerospace Power Studies. He is a decorated military leader, retired from the United States Air Force, after more than three decades of service. Named in 2014 as one of the 100 most influential people in the U.S. defense industry, Deptula is a world-recognized leader and pioneer in conceptualizing, planning, and executing national security operations from humanitarian relief to major regional conflict. He has accomplished historic achievements and several "firsts" in the command of joint forces; planned and executed aerospace power, intelligence, surveillance, and reconnaissance (ISR); and improved international relationships. Deptula’s post-military retirement life has been devoted to research, education, and advocacy on matters relating to national security.

Biography: Gwyn Whittaker

Gwyn Whittaker is a senior executive leader with a broad base of experience in technology companies serving the United States Intelligence Community (IC) who offers innovative strategic, business, and technical expertise. As founder and CEO of Mosaic, Inc., Whittaker created teams of senior technologists and strategists focused on efforts across multiple programs and agencies in the IC, with the specific focus of post-911 counterterrorism. Whittaker currently serves on the boards of the Hume Center for National Security and Technology, the AFCEA Intelligence Committee, and Technology Management Associates, and is Principal of Deep Water Point, a strategic consulting firm.

HawkEye 360 is a subsidiary of Boston-based Allied Minds (LSE: ALM). More information about HawkEye 360 can be found at www.he360.com.

About HawkEye 360

HawkEye 360 uses a constellation of small satellites in low Earth orbit (LEO) to generate reports on wireless signals that can be used to track and monitor global transportation networks, assist with emergencies, as well as other data analytics services. The company seeks to provide highly accurate maritime situational awareness, collecting information about vessels to create a wealth of current and historical data useful for commercial planning and monitoring, as well as emergency response. Similar data will be available for airborne and land-based transportation and logistics industries. HawkEye 360's data processing technology was originally developed at Virginia Tech's Hume Center for National Security and Technology. More information about the company can be found at www.he360.com.

About Allied Minds

Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services.

More information about the Boston-based company can be found at www.alliedminds.com.

Allied Minds Forward-Looking Statement

This press release contains statements that are or may be forward-looking statements, including statements that relate to the company’s future prospects, developments and strategies. The forward-looking statements are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from current expectations, including, but not limited to, those risk and uncertainties described in the risk factors included in the company’s regulatory filings. These forward-looking statements are based on assumptions regarding the present and future business strategies of the company and the environment in which it will operate in the future. Each forward-looking statement speaks only as at the date of this press release. Except as required by law, regulatory requirement, the Listing Rules and the Disclosure and Transparency Rules, neither the company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160120006545/en/