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Castelion

castelion.com

Manufacturer of military systems intended to provide maximum deterrence at terminal velocity.

Most Valuable
LBX PPS
1Y return
$521
Implied Valuation
$12.9B
-0.6% premium
Last Round
Aug 2026
$524
Series C · $13.0B
Activity
3.6
#80 most active

Price per share

12M · USD

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Funding history

$M raised · $B post-money

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Signals

2 latest

US Navy awards Castelion a Blackbeard production delivery order worth up to $200 million

Castelion announced on September 14, 2026 a production delivery order from the U.S. Navy with a total value of up to $200 million to manufacture, assemble, test and deliver an initial lot of Blackbeard Hypersonic Weapons under a SBIR Phase III award. The order transitions Blackbeard from early operational capability prototypes to production rounds for carrier use. It is Castelion's first production lot for the program and a step-change in contracted backlog and revenue visibility.

Source: PR Newswire (Castelion)

Castelion Raises $1 Billion Series C to Scale Hypersonic Missile Production

Castelion has raised a $1 billion Series C round, with Carlyle among the investors, to scale production of its Blackbeard low-cost hypersonic missile and expand U.S. weapons capacity.

Source: SpaceNews

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Office

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

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