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Castelion wins Navy contract worth up to $200M for Blackbeard missile

1 reports1 report sources2 hours agoUpdate

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The U.S. Navy awarded Castelion, a Torrance, Calif. startup founded in 2022 by three former SpaceX executives, a contract worth up to $200 million for its Blackbeard hypersonic missile. The award came in September. Documents say Blackbeard can be made for less than $500,000 each. Castelion currently holds more than $500 million in U.S. government contracts.

AI-generated from reports · 2 hours agoUpdate

Latest updatesOct 31 19:00
Castelion, valued at $13 billion, races to field a low-cost hypersonic missile

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Oct 31
  1. Fortune Term Sheet
    Castelion, valued at $13 billion, races to field a low-cost hypersonic missile

    Castelion, a Torrance, Calif. startup founded in 2022 by three former SpaceX executives.

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