
Blackbeard
Hypersonic strike weapon designed for industrial-rate output and low unit cost; Navy F/A-18 integration toward Early Operational Capability in 2027.
- Unveiled
- Jun 2025
- Contract award
- Sep 15, 2026


Startup · United States
HQ Torrance, United StatesFounded 2022201-500 employees
Torrance, California developer of the Blackbeard hypersonic strike weapon, designed for industrial-rate production and low unit cost.

Hypersonic strike weapon designed for industrial-rate output and low unit cost; Navy F/A-18 integration toward Early Operational Capability in 2027.
Newest unveiled first. Open a product for its milestone timeline, components and sources.
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Low-cost missiles | Developer | Prototype | — | — | Reported |
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
| Announced | Stage | Valuation | Basis |
|---|---|---|---|
| Dec 5, 2025 | Series B | $2.80B | Basis not stated |
| Aug 19, 2026 | Series C | $13.00B | Post-money |
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Aug 19, 2026 | Debt | $250M | — | — | — | Confirmed |
| Aug 19, 2026 | Series C | $800M | $13.00B | Andreessen Horowitz, JPMorganChase, The Carlyle Group | Altimeter Capital, General Catalyst, Interlagos, Lavrock Ventures, Lightspeed Venture Partners | Confirmed |
| Dec 5, 2025 | Series B | $350M | $2.80B? | Altimeter Capital, Lightspeed Venture Partners | Andreessen Horowitz, BlueYard, Cantos, Champion Hill, First In, General Catalyst, Interlagos, Lavrock Ventures, Space.VC | Confirmed |
| Jan 29, 2025 | Debt | $30.0M | — | Silicon Valley Bank | — | Confirmed |
| Jan 29, 2025 | Series A | $70.0M | — | Lightspeed Venture Partners | Andreessen Horowitz, BlueYard, Cantos, First In, Interlagos, Lavrock Ventures | Confirmed |
| Oct 5, 2023 | Seed | $14.2M | — | Andreessen Horowitz, Lavrock Ventures | BlueYard, Champion Hill, First In | Reported |
| 2023 | Pre-Seed | $2.0M | — | Lavrock Ventures | — | Reported |
Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.
| Announced | Award | Agency | Type | Program | Obligated | Ceiling | Confidence |
|---|---|---|---|---|---|---|---|
| Sep 29, 2026 | PrSM Increment 4 prototype OTApress:castelion:2026-09-29:prsm-increment-4 | U.S. Army | OTA | Precision Strike Missile Increment 4 | Undisclosed | — | Confirmed |
| Sep 15, 2026 | Blackbeard initial production delivery orderpress:castelion:2026-09:blackbeard-production | U.S. Navy | Task order | — | — | Up to $200M | Confirmed |
| Aug 25, 2026 | Order to advance Blackbeard to Early Operational Capabilitypress:castelion:2026-08-25 | U.S. Navy | Task order | — | — | Up to $90.0M | Confirmed |
| Feb 25, 2026 | Blackbeard F/A-18 integration order (SBIR Phase III BOA)N6833526F1022 | U.S. Navy | Task order | — | $155M | $155M | Confirmed |
| Program | Role | Program status | Confidence |
|---|---|---|---|
| Precision Strike Missile Increment 4 | Competing bidder | Development | Confirmed |
Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| Castelion Project Ranger manufacturing campus | Factory | Rio Rancho, New Mexico, United States | Operating | Confirmed |
Construction Project Manager ↗
Torrance, CA · Full-time · Other
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Rio Rancho, NM · Full-time · Manufacturing
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Lead Manufacturing Engineer - Motors ↗
Torrance, CA · Full-time · Manufacturing
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Senior Manufacturing Engineer, Radar ↗
Torrance, CA · Full-time · Manufacturing
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Senior Manufacturing Engineer, Radar ↗
Allen, TX · Full-time · Manufacturing
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
A sample of observed listings, not a total vacancy count. Availability may have changed since collection. Categories are inferred from job titles.
Employee-profile counts reflect LinkedIn profiles associated with the company, not verified headcount. One observation establishes a baseline; it does not establish growth.
Black Flag · Supports Organization
“Castelion is a forward-thinking defense manufacturer dedicated to developing next-generation long-range hypersonic strike weapons to bolster deterrence and”
Linkedin via Bright Data · Supports Organization · company size, Organization · founded, Organization · logo, Organization · url
“{"company_size": "201-500 employees"}”
Castelion · Apr 24, 2026 · Supports Government award · ceiling usd, Organization, Organization technology, System
“Today, Castelion announced that it was awarded a $105M contract by the U.S. Navy to continue efforts to integrate its Blackbeard hypersonic strike weapon onto the F/A-18”
U.S. Securities and Exchange Commission · Aug 28, 2026 · Supports Funding round
“Total Amount Sold $ 647,000,679 USD”
Axios · Aug 20, 2026 · Supports Funding round · post money valuation usd
“raised $800 million in Series C equity funding at a $13 billion post-money valuation”
Castelion · Aug 19, 2026 · Supports Funding round, Funding round · amount
“The Series C round is a combination of $800 million in equity financing and $250 million in committed financing for a revolving credit facility. The equity financing was co-led by JPMorganChase’s Strategic Investment Group — part of the firm’s Security and Resiliency Initiative, Andreessen Horowitz, and funds managed by global investment firm Carlyle (NASDAQ: CG). Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst, and Interlagos joined new investor T. Rowe Price Associates, Inc* in investing in the fundraise. The round values Castelion at $13 billion. ”
Castelion · Dec 5, 2025 · Supports Funding round, Funding round · amount
“Castelion, a cutting-edge defense technology company working to restore America's conventional deterrence capability, announced today it raised $350 million in Series B financing, positioning the company to directly advance a top Pentagon modernization priority: hypersonic munitions production at scale.”
Forbes · Dec 5, 2025 · Supports Funding round · amount, Funding round · post money valuation usd
“backing the company with $2 million in April 2023”
U.S. Securities and Exchange Commission · Nov 20, 2025 · Supports Funding round
“Total Amount Sold $ 59,999,916 USD”
U.S. Securities and Exchange Commission · Nov 20, 2025 · Supports Funding round
“Total Amount Sold $ 359,998,733 USD”
Castelion · Jan 29, 2025 · Supports Funding round · amount
“This includes a $70M Series A, led by Lightspeed Venture Partners with participation from a16z, Lavrock Ventures, Cantos, First In, BlueYard Capital, and Interlagos”
U.S. Securities and Exchange Commission · Oct 6, 2023 · Supports Funding round
“Total Amount Sold $ 8,588,336 USD”
TechCrunch · Oct 5, 2023 · Supports Funding round · amount
“closing a $14.2 million initial funding round co-led by Andreessen Horowitz and Lavrock Ventures”
Sep 29, 2026 · Supports Government award
“The U.S. Army awarded five separate Other Transaction Authority (OTA) agreements on Sept. 29, 2026, to develop prototype systems for the Precision Strike Missile (PrSM) Increment 4.”
Naval Today · Sep 15, 2026 · Supports Government award · ceiling usd
“The order, valued at up to $200 million, was awarded by Portfolio Acquisition Executive Aviation (PAE(A))”
U.S. Navy · Sep 15, 2026 · Supports Government award · ceiling usd
“Small Business Innovation Research Phase III production delivery order for the Blackbeard hypersonic missile, total value up to $200 million”
Castelion · Jun 16, 2026 · Supports Facility · city, Facility · name, Government award · ceiling usd
“manufacturing campus in Rio Rancho, New Mexico.”
FPDS-NG · Apr 24, 2026 · Supports Government award
“DELIVERY ORDER N6833526F1022 (P00001) awarded to CASTELION CORPORATION, was modified for the amount of $104,998,566”
U.S. Department of War · Feb 25, 2026 · Supports Government award, Government award · announced on
“is awarded a $49,998,005 firm-fixed-price order (N6833526F1022) against a previously issued basic ordering agreement (N6833526G0006)”
USAspending.gov · Supports Government award · obligated amount
“Recipient: CASTELION CORPORATION; Total obligation: $154,996,571.00; Base and all options value: $154,996,571.00”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.