Financing Round Pushes U.S. Missile Startup Valuation To $13 Billion

castelion blackbeard missile

Exclusive view of Blackbeard at Castelion HQ, the first hypersonic weapon designed and built by Castelion.

Credit: Castelion
U.S. defense startup Castelion will expand manufacturing capacity for a ballistic missile, accelerate development of a long-range hypersonic weapon and invest in new defensive interceptors after raising more than $1 billion in additional funding, the company said on Aug. 19. Castelion, which is now...
Steve Trimble

Steve covers military aviation, missiles and space for the Aviation Week Network, based in Washington, DC.

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