# Sea-Hawk Navigation AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sea-hawk-navigation

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Bergen, Norway
- Website: www.sea-hawk.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Feb 2, 2011)
- Investors on record: 5

## About

Sea-Hawk Navigation AS focuses on enhancing maritime safety through innovative high-performance radar systems, utilizing advanced sensor technology for various applications including vessel traffic surveillance and environmental monitoring.Founded in Bergen, Norway, Sea-Hawk Navigation AS specializes in advanced radar technology designed to improve maritime safety. The company has pivoted its operations to emphasize global market reach since its inception. The latest funding round was a Seed round in February 2011, led by Sarsia, raising EUR 0.6 million. The company has successfully raised a total of EUR 0.6 million over its funding history. The founder's background and prior ventures are not publicly documented.Sea-Hawk Navigation AS specializes in high-performance radar systems designed to enhance maritime safety through advanced sensor technology. Their offerings include in-house developed and patented polarimetric radar systems such as the SHN X9, SHN X12, and SHN 4000, which serve various operational needs including environmental monitoring and security applications. The company caters to maritime operators, offshore oil and gas companies, and government agencies involved in homeland security, with products marketed in both European and international markets.In the most recent fiscal year of 2023, Sea-Hawk Navigation AS reported a revenue of EUR 377,012.20, and an EBITDA of EUR -44,622.50, reflecting the company's current financial standing from its radar systems and services.Sea-Hawk Navigation AS aims to expand its product range by designing new radar systems with enhanced functionalities to cater to evolving maritime safety needs. The company plans to enter new geographic markets in Europe and beyond by 2025, leveraging its recent Seed funding of EUR 0.6 million from Sarsia and other investors, to support these growth initiatives and enhance its market presence.

## Funding rounds

- Seed, Feb 2, 2011, $0.8M — Sarsia, GC Rieber Shipping, Bergen Kommunale Pensjonskasse, Sparebanken Vest, Holberg Fondene

## Investors

- Sarsia (https://capitalatlas.ai/funds/sarsia) — Seed
- GC Rieber Shipping — Seed
- Bergen Kommunale Pensjonskasse — Seed
- Sparebanken Vest — Seed
- Holberg Fondene — Seed