Castelion raises $1bn to scale low-cost hypersonic missiles
Source: Army Technology
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Report Content
Classification
Analytical Domain
Operational
Primary Category
Weapons & Equipment
Subcategory
New Weapon System
SALUTE Report
Size
N/A
Activity
Castelion has secured funding to ramp up production of hypersonic missiles and develop advanced weapons technology.
Location
Unit
Castelion
Time
N/A
Equipment
Blackbeard hypersonic missile
Summary
Castelion secured $1 billion in Series C funding to enhance production of its Blackbeard hypersonic missile and advance its weapons technology. This funding aims to scale up their capabilities in the defense sector.
Key Facts
- Castelion raised $1 billion in Series C funding.
- The funding will be used to increase production of the Blackbeard hypersonic missile.
- Castelion is focused on developing advanced weapons technology.