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Castelion Corp, a defense startup based in El Segundo, California, has successfully raised $100 million in a Series A financing round. The funding was led by Lightspeed Venture Partners, with participation from other notable investors including Andreessen Horowitz and Lavrock Ventures. Castelion specializes in developing affordable, mass-produced hypersonic long-range strike weapons, which are positioned as non-nuclear deterrents. This funding aims to enhance the company's capabilities in hypersonic missile systems, addressing perceived gaps in U.S. military research and development. The investment reflects a growing interest in advanced defense technologies, particularly in response to increasing global security threats.
#US Company #Castelion Invests in #Hypersonic #Missile Development to Counter #China’s Growing #Threats. https://t.co/V3XgCTOVbP @BelgaNewsAgency @AFP @sentdefender @Osinttechnical @OSINTWarfare @nytimes @WSJ @washingtonpost @USATODAY @latimes @Reuters @Bloomberg
Startups de deeptech, aeroespacial, aeronáutica y robótica que forman parte de nuestra Lista Emprendedores, con las empresas más innovadoras de 2024. ¡Descúbrelas aquí! https://t.co/9vTSplJDuX
AI-related startups made our list of interesting companies that got funding in January. But there’s also a defense tech company with unmanned tough-terrain vehicles and a clean tech startup that promises high-performance power with zero carbon emissions. https://t.co/TWjwFgyk5O