A US-based startup, Castelion, has successfully raised $100 million to further develop its ballistic missile technology. This significant funding injection will help the company enhance its capabilities and potentially disrupt the industry’s traditional players. The investment is a testament to the growing demand for innovative solutions in the aerospace and defense sector.
Source: https://aviationweek.com/defense/missile-defense-weapons/ballistic-missile-startup-castelion-raises-100-million