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Hypersonics·None

Hypersonic Missile Startup Castelion Raises $1B

4 sources · first reported 10h ago

via SpaceNews

Castelion, a hypersonic missile startup founded by former SpaceX executives, has raised $1 billion to produce low-cost hypersonic weapons and expand its portfolio of longer-range strike and missile defense weapons.

Why it matters

The investment will help scale production of hypersonic missiles, enhancing US military capabilities and competitiveness in the global defense market.

HypersonicsDoDAcquisition
Prime/Industry 1Independent Media 3

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