Castelion hits $13B valuation to mass-produce hypersonic missiles
Executive Overview In a landmark transaction that underscores the shifting paradigm of modern defense procurement, Castelion—a high-flying missile technology startup founded by veterans of the commercial space industry—has officially closed a staggering $1 billion Series C funding round. The financing values the Torrance, California-based enterprise at an imposing $13 billion. The funding round was co-led…