Event Brief
UPDATED Aug 20, 2026 at 4:08 PM ET
Aug 19, 2026 at 8:15 PM ET
Castelion raises $1B Series C at $13B valuation
By The BriefBrief
Missile startup Castelion, founded in 2022 by former SpaceX executives, raised a $1 billion Series C at a $13 billion valuation. The round was co-led by Andreessen Horowitz, Carlyle, and JPMorgan Chase and includes $800 million in equity plus a $250 million revolving credit facility.
WHO: Castelion; Andreessen Horowitz; Carlyle; JPMorgan Chase
WHAT: Castelion raised a $1 billion Series C to scale production of hypersonic missiles, including its Blackbeard system.
WHEN: Reported Aug 20, 2026 at 3:01 PM ET
WHERE: New Mexico, USA
WHY: The funding is intended to help Castelion mass-produce hypersonic missiles, using its New Mexico production facility.
Reporting from 2 identified publishers across this event arc.
View all 2 publishers
Publishers represented across this event arc
These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
Thai schools run active shooter drills after attack
Asia-Pacific
Aug 20, 2026 at 4:08 PM ET
Fishermen missing 5 days found alive in Pacific cooler
Asia-Pacific
Aug 20, 2026 at 4:08 PM ET
Express train hits and kills four workers in Japan
Asia-Pacific
Aug 20, 2026 at 4:08 PM ET
European nations condemn Israel’s E1 settlement plans
Asia-Pacific
Aug 20, 2026 at 4:08 PM ET
