Castelion

“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.”

“Castelion, a San Mateo, Calif.-based hypersonic missile maker, is raising at a $12b or more valuation.”

“Hypersonic weapons and nuclear fuel startups are now raising at valuations that rival mature tech companies, reflecting the flood of defense-focused venture capital.”

“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”

“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.”