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Event Brief

US Navy awards Castelion nearly $90M for Blackbeard

The U.S. Navy awarded Torrance, California startup Castelion nearly $90 million to develop its Blackbeard Mach 5 hypersonic missile and move it toward Early Operational Capability. The effort includes producing 50 prototype missiles, following the company’s public reveal of the missile on X.
WHO: U.S. Navy and Castelion
WHAT: The U.S. Navy awarded Castelion nearly $90 million to develop the Blackbeard Mach 5 hypersonic missile toward Early Operational Capability, including 50 prototype missiles.
WHEN: Reported Aug 26, 2026 at 8:00 PM ET
WHERE: USA
WHY: Cause not yet established.

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