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Castelion has raised $1 billion to expand production of its advanced hypersonic systems, bringing significant new investment to the Rio Rancho area and Sandoval County. The company plans to invest hundreds of millions more in its 1,000-acre Project Ranger manufacturing campus, strengthening New Mexico’s growing aerospace and defense industry while creating more than 300 high-paying jobs and an estimated $650 million in statewide economic impact.
Read the full story from Castelion – https://www.castelion.com/news/series-c/