Castelion Raises $350M in Series B Funding Round to Advance Hypersonic Weapon Development

Castelion, a defense technology company, has secured $350 million in Series B financing to support the development of its first hypersonic weapon, called Blackbeard, and the construction of its production and final-assembly facility, Project Ranger. Altimeter Capital and Lightspeed Venture Partners led the funding round, with Andreessen Horowitz, Avenir, BlueYard, Champion Hill, First In, General

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