SpaceThe Next Webabout 1 hour ago
Castelion raises $1bn at $13bn valuation
1 min read
Castelion raised $1bn at a $13bn valuation to scale hypersonic missile production. The round includes $800m equity plus $250m committed financing, co-led by JPMorganChase's Strategic Investment Group, Andreessen Horowitz, and Carlyle. The company's Blackbeard weapon targets 500 missiles yearly by 2027.
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