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Hypersonics·Blackbeard

Castelion Raises $1B

8 sources · first reported Yesterday

via SpaceNews

Hypersonic missile startup Castelion has raised $1 billion in Series C financing to scale production of its Blackbeard missile and develop longer-range and defensive weapons. The company, founded by former SpaceX executives, aims to produce low-cost hypersonic weapons and expand the US weapons capacity.

Why it matters

The investment in Castelion highlights the growing importance of hypersonic technology in modern defense systems, with potential applications in strike and missile defense capabilities.

Hypersonics
Prime/Industry 1Independent Media 6Think-tank/Academia 1

Development timeline

How this story unfolded across sources, oldest first.

  1. SpaceNews · Primary
    Hypersonic missile startup Castelion raises $1 billion
  2. WSJ ·
    Exclusive | Carlyle Joins $1 Billion Investment Round in Missile Startup Castelion
  3. Defence-industry ·
    Castelion CEO says $1 billion funding will scale Blackbeard hypersonic missile production and expand U.S. weapons capacity
  4. Defence Blog ·
    Hypersonic missile maker Castelion valued at $13 billion after raise
  5. RealClearDefense ·
    Hypersonic Missile Startup Castelion Raises $1 Billion
  6. Interestingengineering ·
    Castelion prepares Blackbeard hypersonic missile for mass production by 2027
  7. Army Technology ·
    Castelion raises $1bn to scale Blackbeard missile and advanced weapons - Army Technology
  8. Aviation Week ·
    Financing Round Pushes U.S. Missile Startup Valuation To $13 Billion - Aviation Week