Ballistic Missile Startup Castelion Raises $100 Million

Castelion fired a low-cost ballistic missile from a self-built launcher during a recent test in Mojave, California.

Credit: Castelion
Startup company Castelion raised $100 million of capital in a second round, bolstering a plan to field a new family of low-cost, mass-producible ballistic missiles for the U.S. military. Lightspeed Venture Partners led the $70 million Series A capital round, with contributions from a16z, Lavrock...
Steve Trimble

Steve covers military aviation, missiles and space for the Aviation Week Network, based in Washington DC.

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