Castelion Secures $1 Billion for Hypersonic Missile Development

2026-08-27

Castelion, a startup founded by former SpaceX executives, has announced a $1 billion funding round. The company plans to develop low-cost hypersonic weapons and a range of other strike and missile defense systems.

Source: SpaceNews

Reported by VERA Newswire.

More from August 2026 in The Record.