LeoLabs reports more than $100M in bookings as radar production ramps
LeoLabs says bookings from US and Allied customers passed $100 million, with Seeker and Scout radars due in 2027.
LeoLabs announced on 29 October more than $100 million in bookings across US and Allied customers. The company said that doubles its bookings growth year over year.
Its Seeker and Scout radar systems are already moving through its US manufacturing line for delivery in 2027. LeoLabs is expanding capacity to build and field multiple radars at once, drawing on its US network of contract manufacturers and component suppliers.
The company plans to nearly double its employee base by the end of 2026, hiring across radar and software engineering, manufacturing, systems integration and operations.
Chief executive Tony Frazier said, "We are building the radar production capacity, supplier partnerships and specialized workforce to meet that need." The added capacity will support both LeoLabs' own radar network and sovereign systems for government customers.
Sourceleolabs.space