In 1992 Matthew Schor started the company as Eagle Eye Location Services Corp. The firm was awarded its first SBIR contract from DARPA in July 1994 titled "Miniature, Affordable Satellite Beacon". In November 1995 the company changed its name to Eagle Eye Technologies, Inc., and the Defense Advanced Research Projects Agency (DARPA) awarded Eagle Eye a $500K contract to miniaturize the RF front end of the satellite tag transceiver. In 1997 the Virginia Center for Innovative Technology provided a research grant that allowed Eagle Eye to work with professor Warren Stutzman at Virginia Tech in Blacksburg, Virginia to further develop their technology.