Carlyle Joins $1 Billion Investment Round in Missile Startup Castelion

Funding round, which also includes JPMorgan Chase and Andreessen Horowitz, values hypersonic munitions maker at $13 billion

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U.S. Navy Awards Castelion $90M to Advance Blackbeard to Early Operational Capability

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Pentagon pressure to move AI faster drives Smack's new funding round, CEO says