Disclosure certainty 5/5 debate potential 3/5

Banks initially categorized missile startup Castelion alongside porn and gambling

Bryon Hargis · How to Enable a Manufacturing Renaissance · May 1, 2025 · at 12:23

Bryon Hargis, co-founder and CEO of defense hardware startup Castelion, shares early operational hurdles in launching a missile manufacturing business.

0:00 / 0:09exact quote · 9.6s
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“We couldn't even get a bank account. We tried to open a bank account and they, we just got dumped into like, well, you're basically the same as porn and gambling. So we're not going to give you a bank account.”

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More from Bryon Hargis

Prediction Not checkable as stated
Castelion will leave Los Angeles due to electrical grid and permitting issues
“This for us is like going to be a reason that, that we will end up not manufacturing in LA.”
Bryon Hargis May 1, 2025 ▶ 5:25 How to Enable a Manufacturing Renaissance
Insight
Factory equipment depreciates instantly, making hardware manufacturing mistakes irreversible
“It's the exact same for factory equipment. You buy it for millions, and it's literally worth, like, a few dollars. You can't reverse any mistake that you make as you go back. So you just have to be right which makes it really high stakes.”
Bryon Hargis May 1, 2025 ▶ 17:08 How to Enable a Manufacturing Renaissance
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