Castelion raises $1B to mass-produce Blackbeard hypersonic missiles

Castelion secured $1 billion in Series C funding, resulting in a $13 billion company valuation. This capital injection is intended to facilitate the large-scale production of the Blackbeard hypersonic missile system. The company intends to utilize this investment for manufacturing processes and scaling up operations. Castelion’s focus remains on developing and deploying advanced hypersonic weaponry. Details regarding specific timelines or operational capabilities are currently unavailable beyond the planned mass production efforts.