Castelion raises $350M Series B to scale hypersonic missile business

Hypersonic Weapons Start Helmet According to sources and documents taken by Techcrunch, Lightspeed Venture Partners and Altimeter Capital raised the $ 350 million series of BDM.

The tour, which evaluates a billion manat, is expected to be closed in a few weeks. The new tour is coming to topas of a financial collection closed in January $ 100 million. This tour consists of about $ 70 million capital and $ 30 million. Lightspeed also caused this circuit.

Castelion refused to comment.

Non-traditional players are difficult for the big government to enter the defense market, but Castelion took outstanding steps Because of the hiding In late 2023. The company, built by past space executors, wants to change the production of hypersonic missile systems, a critical national security technology.

Despite the mass budget department of the US Secretary-budget, military leaders voice a rapidly developing and fare hypersonic. The traveling of these weapons Mach 5 – China’s capabilities begin to overcome the game.

Castelion offers a solution. Business is a similar approach to SpaceX: Often, try frequently and integrate vertically to reduce costs. The Air Force has already won a bunch of grants and awards from DOD offices, including the research laboratory and a naval air system. The company tested the hypersonic vehicle for the first time in the Mojave desert in March, because it tested in the Mojave Desert in March because it could be a scale of low hypersonic missiles.

Castelion appeared in the US Army in 2026 in the fiscal year Budget request Have been published in June. The budget called an initiative named Military Branch, HX3 Project Project project, “favorable, mass-produced hypersonic weapons” required $ 25 million to support the test “GLAKEBEARD GROUND” (GL). As explained by the document, the BlackBeard GL will currently organize 80% of the right of a long-term hypersonic weapon variant, developed by Aerospace Primes. However, the army with the contract says it is ready to trade a little speed and range for a lower price and a cheaper product.

The Presidential Trump budget has two stages of two stages, which signed the budget law. BlackBeard is also designed to be in accordance with a new launch system with autonomous capabilities.

Castelion is all a cat in previous winning with the DOD, a cat in the possibility of a profitable hypersonic weapons market. If the Test of the Army field is well, Castelion can complicate a larger contract and start delivering BlackBeard missiles in early 2028.

Lockheed Martin, Raytheon and Northrop Grumman may want to watch.