Castelion hits $13B valuation to mass-produce hypersonic missiles
Defense startup Castelion, founded by former SpaceX executives, has successfully raised a $1 billion Series C funding round, pushing its valuation to $13 billion. The investment was co-led by prominent firms including Andreessen Horowitz, Carlyle, and JPMorgan Chase. The company focuses on manufacturing cost-effective hypersonic weapon systems at scale, having already secured over $500 million […]
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