Castelion's $200 Million Navy Deal and the $500,000 Hypersonic Bet
Valued at $13 billion, ex-SpaceX founders' Castelion won a $200 million Navy deal for a hypersonic missile costing under $500,000 each — taking on Lockheed's delayed Dark Eagle.
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Valued at $13 billion, ex-SpaceX founders' Castelion won a $200 million Navy deal for a hypersonic missile costing under $500,000 each — taking on Lockheed's delayed Dark Eagle.
Carlyle has joined a $1 billion investment round in missile startup Castelion, WSJ reports, marking a major institutional bet on…