TORRANCE, Calif. - Castelion, a defense technology company, has announced it selected Sandoval County, New Mexico, as the site for Project Ranger, a 1000-acre solid rocket motor manufacturing campus dedicated to next-generation hypersonic systems. The initiative is projected to create 300 high-quality jobs and generate over $650 million in economic output over the next decade.
Castelion plans to invest more than $100 million in Project Ranger's development, with additional capital to follow.
Andrew Kreitz, Co-founder and CFO of Castelion, said, "After a highly competitive nationwide search, we chose New Mexico for its technical talent, regional infrastructure, and history of scientific achievement. Project Ranger represents a critical step in restoring America's capacity to produce the advanced systems our country needs. We're proud to partner with a community with a long history of innovation that has powered some of our nation's greatest leaps forward."
Project Ranger will produce solid rocket motors, conduct static tests, and assemble components to produce finished rounds, reinforcing New Mexico's position at the forefront of defense innovation.
Local and regional collaboration was essential to New Mexico's selection, driven by efforts from Sandoval County, the City of Rio Rancho, the Albuquerque Regional Economic Alliance (AREA), Sandoval Economic Alliance (SEA), and state officials.
