ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE: Castelion’s $220M Hypersonic Manufacturing Campus Named New Mexico’s Collaborative Impact Project of the Year

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    "url": "https://www.globenewswire.com/news-release/2026/09/09/3359001/0/en/albuquerque-regional-economic-alliance-castelion-s-220m-hypersonic-manufacturing-campus-named-new-mexico-s-collaborative-impact-project-of-the-year.html",
    "title": "ALBUQUERQUE REGIONAL ECONOMIC ALLIANCE: Castelion’s $220M Hypersonic Manufacturing Campus Named New Mexico’s Collaborative Impact Project of the Year",
    "assets": "hypersonic testing and manufacturing campus",
    "excerpt": "Sandoval County, NM, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Castelion’s Project Ranger - a 1,000-acre hypersonic testing and manufacturing campus designed to scale critical U.S. defense capabilities - has been named the 2026 Collaborative Impact Project of the Year at the New Mexico IDEA Economic Development Excellence Awards. Representing a $220 million capital investment , Project Ranger is set to generate $650 million in economic output over the next decade and create over 300 high-paying advanced manufacturing jobs. The facility directly tackles supply chain bottlenecks in national security by establishing end-to-end, high-cadence production for hypersonic strike systems, including: Selected following a competitive national site search, Sandoval County offered a unique combination of specialized technical talent, robust infrastructure, and proximity to New Mexico’s legacy of national defense innovation. “Project Ranger demonstrates what happens when regional leadership aligns with a critical national security imperative,” said Chad Matheson , President and CEO of the Albuquerque Regional Economic Alliance. “This is more than a business recruitment win - it expands America’s advanced manufacturing capacity, strengthens the domestic defense base, and positions Greater Albuquerque as a central hub for defense innovation.” The project’s realization relies on an unprecedented...",
    "summary": "Castelion is investing $220 million to build Project Ranger, a 1,000-acre hypersonic testing and manufacturing campus in Sandoval County, NM.",
    "location": "Sandoval County, NM",
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    "image_url": "https://ml.globenewswire.com/Resource/Download/7c340c76-2bdf-4677-9943-36906e94587e",
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    "published_at": "2026-09-09T17:45:00Z",
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