# Castelion reaches $13B valuation for hypersonic missile production

Defense startup Castelion has hit a $13 billion valuation to fund mass production of hypersonic missiles. The round underscores surging demand for advanced weapons amid global security competition. The capital aims to scale manufacturing of high-speed missiles for military customers.

**Importance:** 4/5

## Sources

### Technology
- [TechCrunch](https://techcrunch.com/2026/08/20/castelion-hits-13b-valuation-to-mass-produce-hypersonic-missiles/) — Thu, 20 Aug 2026 19:01:41 +0000