Castelion, the hypersonic missile startup founded by ex-SpaceX engineers, just raised a staggering $1 billion—boosting its valuation to $13 billion. With over 500 million in Pentagon contracts already locked in, the company is racing to outproduce legacy defense giants using next-gen manufacturing. Backed by top-tier investors like Andreessen Horowitz and JP Morgan, Castelion’s “Blackbeard” missiles are set to roll off production lines in New Mexico, helping the U.S. catch up to China’s hypersonic edge.
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