Castelion, a defense startup founded in 2022, has reached a $13 billion valuation to mass-produce hypersonic weapon systems at lower cost and faster speeds than traditional defense contractors. The company aims to disrupt the defense industry by making hypersonic technology more accessible.
Background
Hypersonic weapons travel at speeds over Mach 5 and are considered next-generation military assets. Castelion's entry aims to reduce costs and increase production speed compared to established defense primes.
- Source
- TechCrunch
- Published
- Aug 21, 2026 at 03:01 AM
- Score
- 7.0 / 10