SCIENCE · VERIFIED DEVELOPMENT
Castelion Secures $1 Billion to Develop Low‑Cost Hypersonic Weapons
WHY IT MATTERS
The funding enables Castelion to accelerate development of cost‑effective hypersonic weapons, potentially reshaping strategic defense capabilities.
What happened
Hypersonic missile startup Castelion, founded by former SpaceX executives, has raised $1 billion in funding.
The capital will support the company’s goal of producing a low‑cost hypersonic weapon and expanding its portfolio to include longer‑range strike and missile defense systems.
The investment marks a significant step for Castelion as it seeks to enter the growing hypersonic weapons market and offer more affordable options for advanced missile technology.
PRIMARY SOURCES
Hypersonic missile startup Castelion raises $1 billion
SpaceNews · Sandra Erwin · Discovery only; publisher copyright terms apply