Morgan Brennan(@MorganLBrennan):.@Castelion just raised +$1B in a series C valuing the defense tech startup at $13B, (up from $2.8B in December). @hargsb says the capital will go toward “supercharging” production of the company’s first hypersonic weapon, Blackbeard, for which delivery begins next year. Development of a longer range hypersonic weapon and defensive systems are also in the works.

Morgan Brennan

@MorganLBrennan

CNBC, anchor of @CNBCMorningCall. Mom & wife. One-time singer. Anthropology enthusiast. Huge foodie. Host of #ManifestSpace# podcast

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Morgan Brennan@MorganLBrennan

2026.08.20 15:10

.@Castelion just raised +$1B in a series C valuing the defense tech startup at $13B, (up from $2.8B in December). @hargsb says the capital will go toward “supercharging” production of the company’s first hypersonic weapon, Blackbeard, for which delivery begins next year. Development of a longer range hypersonic weapon and defensive systems are also in the works.