Castelion logo

Castelion Stock

Private Company · Price from Clarity
$549.12 +3.54 (+0.65%)
As of Oct 22, 2026
Valuation$13B1
Valuation DateAug 19, 2026
Implied Valuation$30.86B
Last Price$549.12
52-Week Highn/a
52-Week Lown/a
YTD Return+426.08%
1-Year Returnn/a
3-Year Returnn/a
Total Funding$1.24B
Latest Round Amount$800M1
Latest RoundSeries C
Funding Rounds5
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Castelion

Castelion is a defense technology company that designs and mass-produces low-cost hypersonic strike missiles. Its first product, Blackbeard, is being integrated onto U.S. Army and Navy platforms, with initial fielding targeted for 2027. Castelion makes money by selling these weapons and related development work to the Pentagon. The company also builds rocket motors, avionics and seekers in house so it can test often and manufacture at scale.

Founded 2022
Country United States
CEO Bryon Hargis
Founders Bryon Hargis, Sean Pitt, Andrew Kreitz
Headquarters Torrance, CA

Invest in Castelion

Castelion is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).

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News

US Army eyes Blackbeard hypersonic missile as Castelion tests truck launcher

Castelion published an image of its Blackbeard GL hypersonic missile launching from a truck-mounted containerized ground system as the Army plans production-representative live-fire tests.

14 days ago - Interesting Engineering

Castelion Moves Blackbeard into Production with U.S. Navy Order Valued Up to $200 Million

Castelion received a U.S. Navy production delivery order worth up to $200 million to manufacture and deliver Blackbeard hypersonic weapons, following 50 early operational capability rounds ordered in ...

5 weeks ago - Castelion

Castelion Moves Blackbeard into Production with U.S. Navy Order Valued Up to $200 Million

Castelion received a U.S. Navy production delivery order worth up to $200 million to manufacture and deliver Blackbeard hypersonic weapons, following earlier early operational capability orders placed...

5 weeks ago - PR Newswire

Castelion wins $90m Blackbeard production order

Castelion received an $89.997 million U.S. Navy order to advance Blackbeard hypersonic weapon manufacturing, exportability engineering, and transition toward early operational capability.

1 month ago - IN Defence

U.S. Navy Awards Castelion $90M to Advance Blackbeard to Early Operational Capability

The U.S. Navy awarded Castelion an $89,997,162 order to advance its Blackbeard hypersonic strike weapon to Early Operational Capability, funding 50 weapons and the program's transition to a Navy Progr...

1 month ago - Castelion

U.S. Navy Awards Castelion $90M to Advance Blackbeard to Early Operational Capability

The U.S. Navy awarded Castelion an $89.997 million firm-fixed-price order to advance its Blackbeard hypersonic strike weapon to early operational capability, building on prior low-cost strike producti...

1 month ago - Castelion

Startup missile maker Castelion valued at $13 billion

Castelion raised $800 million in Series C equity at a $13 billion post-money valuation, plus a $250 million revolving credit facility, to scale Blackbeard hypersonic missile production.

2 months ago - Axios

Castelion CEO: Funding will supercharge Blackbeard hypersonic production

CEO Bryon Hargis said Castelion's $1 billion Series C will accelerate production of its Blackbeard hypersonic missile and expand manufacturing capacity in New Mexico.

2 months ago - CNBC

Castelion hits $13B valuation to mass-produce hypersonic missiles

Castelion raised a $1 billion Series C at a $13 billion valuation, comprising $800 million in equity and a $250 million credit facility, to scale production of its Blackbeard hypersonic missile.

2 months ago - TechCrunch

Carlyle Joins $1 Billion Investment Round in Missile Startup Castelion

The funding round, which also includes JPMorgan Chase and Andreessen Horowitz, values the hypersonic munitions maker at $13 billion.

Other symbols: CG
2 months ago - WSJ

Castelion Raises $1B Series C to Scale Production of Low-Cost Hypersonic Weapons

The Torrance defense startup's August 19, 2026 round was co-led by JPMorganChase, a16z, and Carlyle to expand hypersonic strike and air-defense programs.

2 months ago - Castelion

U.S. Navy Awards Castelion First Delivery Order for Blackbeard Hypersonic Weapon

Castelion received a $23.4 million Navy delivery order for 50 Blackbeard early operational capability pre-production prototypes and 50 storage and shipping containers, marking its first production del...

4 months ago - Castelion

U.S. Navy Awards Castelion First Delivery Order for Blackbeard Hypersonic Weapon

The Navy awarded Castelion a $23.4 million firm-fixed-price order for 50 Blackbeard early-operational-capability pre-production prototypes and 50 shipping containers. Work is based at the company's Pr...

4 months ago - Castelion

Saronic, Castelion to pair Marauder MUSV with Blackbeard hypersonic capability

Saronic and Castelion announced plans to integrate Castelion's Blackbeard hypersonic missile onto Saronic's Marauder unmanned surface vessel, targeting a first-of-its-kind maritime launch demonstratio...

4 months ago - Breaking Defense

Saronic and Castelion to Demonstrate First-of-Its-Kind Maritime Hypersonic Launch Capability

Castelion and Saronic said they will integrate the Blackbeard hypersonic missile with Saronic's Marauder unmanned surface vessel, aiming for a maritime launch demonstration in 2027. Saronic already su...

4 months ago - Castelion

Department of War Enhances Lethal Strike Capacity Through Partnership With New Entrants

The Department of War signed framework agreements including one with Castelion that sets terms for a minimum of 500 Blackbeard hypersonic missiles annually once testing is complete, with a pathway to ...

5 months ago - U.S. Department of War

Castelion and Department of War Sign Framework Agreement to Build Low-Cost Hypersonic Missiles for the Arsenal of Freedom

Castelion announced a production framework agreement with the Department of War to manufacture Blackbeard at a guaranteed minimum of 500 missiles per year once testing and validation are complete. The...

5 months ago - Castelion

Castelion Awarded $105M U.S. Navy Contract to Field Blackbeard on the F/A-18 Super Hornet in 2027

The Navy awarded Castelion a $105 million contract to integrate Blackbeard onto the F/A-18E/F Super Hornet and complete safety, certification and flight testing for carrier operations. The company is ...

6 months ago - Castelion

Castelion Awarded $49.9M Navy Contract to Advance Blackbeard Hypersonic Strike Weapon

The Navy awarded Castelion $49,998,005 to advance Blackbeard from prototype to integrated early operational capability. Work will be performed in Torrance, California and is expected to be completed i...

7 months ago - Castelion

Castelion Breaks Ground on Project Ranger, Advancing Scaled Hypersonic Manufacturing in New Mexico

Castelion broke ground on Project Ranger, a 1,000-acre hypersonic manufacturing campus in Sandoval County, New Mexico. The company said the site represents more than $220 million in private investment...

9 months ago - Castelion

Castelion Closes $350 Million Series B to Mass Produce U.S. Hypersonic Weapons

Castelion raised $350 million in Series B financing led by Altimeter Capital and Lightspeed Venture Partners. The company said the capital would fund Blackbeard platform integration, construction of P...

10 months ago - Castelion

Castelion Announces Project Ranger, New Mexico's Newest Hypersonic Manufacturing Campus

Castelion selected Sandoval County, New Mexico, as the site for Project Ranger, a 1,000-acre solid rocket motor campus for hypersonic systems. The company projected 300 jobs and more than $100 million...

11 months ago - Castelion

Castelion Secures Multiple Awards to Integrate Blackbeard Hypersonic Strike Weapon on U.S. Army and U.S. Navy Platforms

Castelion said it won its first platform-integration awards to put Blackbeard on operational U.S. Army and Navy systems and demonstrate the weapon in live-fire tests. The company described the awards ...

12 months ago - Castelion

Castelion Announces Series A Funding

Castelion announced a $100 million raise that included a $70 million Series A led by Lightspeed Venture Partners and $30 million of venture debt from Silicon Valley Bank. The company said the capital ...

1 year ago - Castelion

a16z-backed Castelion wants to mass-produce defense hardware, starting with hypersonics

TechCrunch covered Castelion's emergence from stealth with a $14.2 million seed round co-led by Andreessen Horowitz and Lavrock Ventures. The company said it would start with hypersonic long-range str...

3 years ago - TechCrunch