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CastelionIn development

Hypersonic missile maker Castelion valued at $13 billion after raise

What happened

Castelion is planning to build air and missile defense systems using manufacturing methods from its Blackbeard missile program.

Source

Article excerpt

Castelion, a hypersonic missile developer based in Torrance, California, has raised $1 billion in a Series C funding round that values the company at $13 billion. The round includes $800 million in equity financing and $250 million in committed financing for a revolving credit facility, the company said Aug. 19. JPMorganChase’s Strategic Investment Group, Andreessen Horowitz and Carlyle co-led the equity portion. Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst and Interlagos also participated, along with new investor T. Rowe Price Associates. The money will fund three efforts: expanding production of Castelion’s Blackbeard missile, developing a longer-range strike weapon, and building air and missile defense systems that draw on Blackbeard’s manufacturing methods. Blackbeard is Castelion’s first hypersonic strike missile. The company has taken it from initial design to program of record in under four years, with fielding targeted for 2027. Castelion has secured more than $500 million in U.S. military contracts over the past 18 months, according to the company. Production is centered at Castelion’s Project Ranger campus in Sandoval County, New Mexico, a 1,000-acre site the company describes as the largest dedicated hypersonic missile manufacturing facility in the country. Castelion had already committed more than $250 million in private...

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Extracted from this sentence

The planned defensive systems are intended to bring higher production rates and greater magazine depth to air and missile defense, according to Castelion, though the company did not specify a program name or timeline.

Extracted by Autobound

From the Signal API record
Event
In development

What this signalsWork in development often leads to new buying for tools, data and services.

Product
air and missile defense systems
Location
Torrance, California, United States

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The full record

From the Signal API record

Topics and mentions

Product tags

  • general technology
  • security

Extraction

Confidence
90%
Detected
Aug 20, 2026
signal_type
news
signal_subtype
is_developing

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/30d1e23c-4bfa-0a25-6de8-a7fc2061d112 returns this record as JSON. POST /v1/companies/enrich returns every signal for castelion.com.

{
  "signal_id": "30d1e23c-4bfa-0a25-6de8-a7fc2061d112",
  "signal_type": "news",
  "signal_subtype": "is_developing",
  "detected_at": "2026-08-20T07:50:28+00:00",
  "company": {
    "name": "Castelion",
    "domain": "castelion.com"
  },
  "data": {
    "url": "https://defence-blog.com/hypersonic-missile-maker-castelion-valued-at-13-billion-after-raise/",
    "title": "Hypersonic missile maker Castelion valued at $13 billion after raise - The Defence Blog",
    "excerpt": "Castelion, a hypersonic missile developer based in Torrance, California, has raised $1 billion in a Series C funding round that values the company at $13 billion. The round includes $800 million in equity financing and $250 million in committed financing for a revolving credit facility, the company said Aug. 19. JPMorganChase’s Strategic Investment Group, Andreessen Horowitz and Carlyle co-led the equity portion. Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst and Interlagos also participated, along with new investor T. Rowe Price Associates. The money will fund three efforts: expanding production of Castelion’s Blackbeard missile, developing a longer-range strike weapon, and building air and missile defense systems that draw on Blackbeard’s manufacturing methods. Blackbeard is Castelion’s first hypersonic strike missile. The company has taken it from initial design to program of record in under four years, with fielding targeted for 2027. Castelion has secured more than $500 million in U.S. military contracts over the past 18 months, according to the company. Production is centered at Castelion’s Project Ranger campus in Sandoval County, New Mexico, a 1,000-acre site the company describes as the largest dedicated hypersonic missile manufacturing facility in the country. Castelion had already committed more than $250 million in private infrastructure...",
    "product": "air and missile defense systems",
    "summary": "Castelion is planning to build air and missile defense systems using manufacturing methods from its Blackbeard missile program.",
    "location": "Torrance, California, USA",
    "planning": true,
    "image_url": "https://defence-blog.com/wp-content/uploads/2026/08/DB_image_2245.jpg",
    "confidence": 0.9,
    "product_data": {
      "name": "air and missile defense systems",
      "full_text": "planned defensive systems",
      "fuzzy_match": false
    },
    "product_tags": [
      "general_technology",
      "security"
    ],
    "published_at": "2026-08-20T07:50:28Z",
    "location_data": [
      {
        "city": "Torrance",
        "state": "California",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "The planned defensive systems are intended to bring higher production rates and greater magazine depth to air and missile defense, according to Castelion, though the company did not specify a program name or timeline."
  }
}

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