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JPMorgan Backs Two Defense Startups With $5 Billion

JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian, as it bets on America’s push to rebuild its defense industrial base.

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Stocks· October 19, 2026 at 04:14 PM
Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
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AI summary

JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian, as it bets on America’s push to rebuild its defense industrial base.

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