Castelion's Blackbeard hypersonic missile now costs under $300,000 per round, prompting the Navy to order 50 production units. [...]
The Huntington Beach defence-tech startup, run by a 22-year-old MIT dropout, has raised a $300M Series C at a $1.8bn valuation, nearly 4x its mark from June 2025. Mach Industries, the three-year-old d [...]
Castelion has raised $1bn at a $13bn valuation. Three SpaceX executives founded the company in 2022 to build missiles. Its first product is Blackbeard, a hypersonic strike weapon designed for quantity [...]