newspace.fyi
← Index

Castelion

company
HypersonicWeapons
3articles7events0people5relations·first seen 2025-07-03last 10mo ago
Events · 7
  1. milestone2027-01-01
    Castelion to deliver 10 prototype missiles in 2027
  2. milestone2026-01-01
    Castelion to deliver prototype proof-of-concept in early 2026
  3. funding$100M
    Castelion closes $100M Series A funding in January
  4. funding$350M↔ lightspeed venture partners
    Castelion raises $350M Series B for hypersonic missile development
  5. funding$100M↔ lightspeed venture partners
    Castelion closes $100M Series A funding
  6. funding$350M↔ lightspeed venture partners
    Castelion raises $350M Series B for hypersonic missiles
  7. funding$350M
    Castelion raises $350M Series B for hypersonic missile business
Articles · 1view in feed →
Castelion is raising a $350M Series B to scale hypersonic missile business
FINANCE-VC292d ago

Castelion is raising a $350M Series B to scale hypersonic missile business

Castelion is raising a $350 million Series B led by Lightspeed Venture Partners and Altimeter Capital to scale its hypersonic missile business. This follows a $100 million Series A round. The company aims to deliver low-cost hypersonic missiles, competing against established defense contractors like Lockheed Martin and Northrop Grumman, with a prototype expected in early 2026.

raytheoncastelionlockheed-martinnorthrop-grumman
TechCrunch Space ↗