Australian Financial Review · May 2026
AFR reported HEO was pursuing a roughly $30m Series B raise, with the company backed by Airtree Ventures and co-founded by Will Crowe and Hiranya Jayakody.
We visually monitor space objects for governments and defense
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
HEO is a Sydney-based space technology company that pioneered commercial Non-Earth Imaging (NEI), using satellite-mounted cameras and software to visually monitor, identify, characterize, and track objects in orbit for defense, intelligence, and commercial customers. Its core product is HEO Inspect 3.0, a web app/API for tasking in-orbit sensors and analyzing imagery and insights.
Primary product
HEO Inspect 3.0
Founded
2016
Headquarters
Haymarket, New South Wales, Australia
Team size
50-60
Work style
Hybrid
Industry
Defense and Space Manufacturing
Sub-industry
Non-Earth imaging / space domain awareness
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Offices
Business model
Stage
post-Series A
Latest round
Funding - Pending · May 2026
Latest amount
$21.5M
May 2026 · Undisclosed investors
Jan 2025 · Paspalis Capital
Mar 2024
Aug 2023 · Airtree Ventures
Jan 2021 · David Harding and Y Combinator
Leadership
Co-Founder & CEO
Co-Founder & CTO
Chief Financial Officer
Director of Finance
Head of HEO USA
Head of HEO Japan
Business Development Manager
Investors
Public hiring materials emphasize collaboration, growth, learning, trust, custodianship, sustainability, and a transparent mission. The company describes itself as supportive and innovative, with trial-based learning and cross-team collaboration.
Work style
Hybrid
Compensation
Public job postings emphasize competitive base salary plus ESOP/stock options. US roles also mention 401(k), healthcare, PTO, paid federal holidays, and clear salary ranges in some postings; Australia-facing roles emphasize flexible leave and parental leave, but a company-wide visa-sponsorship policy was not publicly stated.
Benefits
Pricing
Enterprise subscription data service with custom contracts; hardware/hosted-payload integration is also offered.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$10M
Estimated monthly visits
11.7K
Australian Financial Review · May 2026
AFR reported HEO was pursuing a roughly $30m Series B raise, with the company backed by Airtree Ventures and co-founded by Will Crowe and Hiranya Jayakody.
HEO · Apr 2026
HEO opened its Tokyo office, marking its fourth global location after Sydney, London, and Arlington, to support Japan's space domain awareness market.
HEO · Mar 2026
HEO USA and Sidus Space announced first on-orbit images from the Holmes Mk1 NEI camera aboard LizzieSat-3, validating the sensor stack and data service contract.
HEO · Mar 2026
HEO and SATLANTIS agreed to jointly deliver sovereign NEI and SDA capabilities, with joint demonstrations already underway.
HEO · Feb 2026
HEO USA won a multi-year, seven-figure contract from the NRO to integrate NEI cameras and analytics into the NRO collection architecture.