Castelion Timeline
Events
- 2026-09-14 - Contract Award - U.S. Navy places Blackbeard production order worth up to $200M - The production rounds follow 50 early-operational-capability weapons ordered in June 2026. Work will be performed at Castelion’s 1,000-acre Project Ranger manufacturing campus in Rio Rancho and its Torrance facility. The SBIR Phase III award moves Blackbeard… - source: castelion.com
- 2026-08-25 - Contract Award - U.S. Navy awards Castelion $89,997,162 Blackbeard EOC order - The order funds engineering, technical, logistics and manufacturing services supporting 50 early-operational-capability weapons. It also covers work supporting Blackbeard's transition to a Navy Program of Record and Defense Exportability Features design… - source: castelion.com
- 2026-08-19 - Funding - Castelion raises $800M Series C equity at $13B valuation - JPMorganChase’s Strategic Investment Group, Andreessen Horowitz and Carlyle co-led the equity financing. Lightspeed Venture Partners, Lavrock Ventures, Altimeter, General Catalyst, Interlagos and T. Rowe Price also participated. Capital will expand… - source: carlyle.com
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