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Castelion News
U.S. Navy Awards Castelion $90M to Advance Blackbeard to Early Operational Capability
Castelion has been awarded an $89,997,162 firm-fixed-price order from the U.S. Navy to advance Blackbeard hypersonic strike weapon to Early Operational Capability (EOC). The award is building on Castelion’s prior work regarding “Low Cost Highly Manufacturable Long Range Strike Weapon Production.”
Castelion Raises $1B Series C to Scale Production of Low-Cost Hypersonic Weapons
Castelion, a cutting-edge defense technology company working to restore America’s conventional deterrence capability, today announced a $1 billion Series-C fundraise. This financing will accelerate the scaled production of Blackbeard, Castelion’s first low-cost, mass-producible hypersonic strike missile, while expanding the company’s product portfolio to longer-range strike weapons and defensive systems.
U.S. Navy Awards Castelion First Delivery Order for Blackbeard Hypersonic Weapon
Castelion has been awarded a $23.4M firm-fixed-price order from the U.S. Navy for the production and delivery of 50 Blackbeard early operational capability pre-production prototypes and 50 associated storage and shipping containers. Award marks first delivery of low-cost hypersonic strike weapons to the Navy