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Raised $350M Series B (Dec 2025). $50M US Navy contract for Blackbeard hypersonic prototyping. 1,000-acre solid rocket motor facility under construction.
Castelion is a defense startup developing the Blackbeard hypersonic missile system, one of the few startups with an active US Navy contract for hypersonic weapons full-scale prototyping and early operational fielding. The company raised $350 million in Series B financing in December 2025 and secured a $50 million US Navy contract for Blackbeard prototyping, directly addressing the DoD's urgency to field hypersonic strike capability as China and Russia have demonstrated operational hypersonic weapons.
Defense Technology & Commercial Space Infrastructure
Voyager Technologies (NYSE: VOYG) IPO'd in June 2025 at $31/share raising $402M; reported $144.2M revenue in 2024 with 84% from US government; leads Starlab commercial space station development with $217.5M NASA grant;
Voyager Technologies, Inc. is a defense technology and space solutions company operating at the convergence of national security, space infrastructure, and advanced capability development. The company delivers mission-critical systems protecting US national interests and extending humanity''s presence from low-Earth orbit to the Moon and beyond. Voyager operates through three business segments: Defense & National Security (advanced defense systems including optical guidance and propulsion), Space Solutions (mission management and ISS-adjacent services), and Starlab Space Stations (commercial space station development).
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