Castelion raises $1bn at $13bn to scale hypersonic weapon production

The Next Web
By Cristian DinaAug 21, 2026, 6:37 am51 ptsTrending
Castelion has raised $1bn at a $13bn valuation. Three SpaceX executives founded the company in 2022 to build missiles. Its first product is Blackbeard, a hypersonic strike weapon designed for quantity rather than craft. The structure repays a close read. The round is $800m in equity plus $250m of committed…

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