Castelion Secures $350 Million to Grow Hypersonic Missile Business

Castelion, a startup focused on developing hypersonic weapons, is set to raise $350 million in a new funding round. This investment aims to help the company expand its operations and enhance its technology, particularly in collaboration with the U.S. Department of Defense. Hypersonic weapons are known for their ability to travel at speeds greater than five times the speed of sound, making them a significant advancement in military capabilities.
The funding will allow Castelion to further its research and development efforts, ensuring they can deliver cutting-edge solutions to meet defense needs. As the demand for advanced military technologies increases, this financial boost will position Castelion as a key player in the hypersonic weapon market, contributing to national security and defense strategies.