“newer defense vendors that are under 5% of military spend today.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.
“Bryon Hargis is the CEO of Castelion. He & I just got on the phone...”
“Brian and I just got on the phone... We're eight steps ahead by the time the government even came in on this project.”
Source→“Castelion closed a $1B Series C at a $13B valuation, backed by JPMorganChase, Andreessen Horowitz, and Carlyle”
“Castelion closed a $1B Series C at a $13B valuation... to accelerate production of "its flagship low-cost, mass-producible hypersonic strike missile, Blackbeard"”
“"Low-cost, mass-producible hypersonic strike missile, Blackbeard... directly enhances America's conventional deterrence capabilities."”
“Castelion raised $1B Series C (hypersonic missiles) backed by a16z, Lightspeed, General Catalyst, The Carlyle Group”
“Defense tech company Castelion, which develops hypersonic missiles, raised a $1 billion Series C comprising $800 million in equity led by JPMorganChase's Strategic Investment Group, Andreessen Horowitz and The Carlyle Group... at a $13 billion valuation.”
Source→“Defense tech company Castelion, which develops hypersonic missiles, raised a $1 billion Series C”
Source→“The lower-cost missile space is getting crowded quick, and speed is emerging as the new mass.”
Source→“Hypersonic missile startup Castelion raised $800M at a $13B valuation, backed by a blue-chip syndicate including JPMorgan, a16z, and Carlyle.”
Source→“Castelion, a three-year-old startup based in Torrance, CA, that makes hypersonic missiles, is reportedly in the market to raise a round at a $12+ billion valuation.”
Source→“Hypersonic weapons and nuclear fuel startups are now raising at valuations that rival mature tech companies, reflecting the flood of defense-focused venture capital.”
“Castelion, a San Mateo, Calif.-based hypersonic missile maker, is raising at a $12b or more valuation.”
“Nomi manages $100M in AUM across 24 investments – Anduril, Castelion, Gecko Robotics, and Epirus among them.”
“Castelion...Raised $350M, won $105M Navy contract to integrate onto F/A-18s; potential for thousands of Pentagon orders”
Source→“Castelion...won a $105 million contract to integrate its weapon onto the Navy's F/A-18s. If certification succeeds, the Pentagon could order thousands of missiles over the next five years.”
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