Orrick

Castelion, a cutting-edge defense technology company working to restore America’s conventional deterrence capability, today announced a $1 billion Series C fundraise. This financing will accelerate the scaled production of Blackbeard, Castelion’s first low-cost, mass-producible hypersonic strike missile, while expanding the company’s product portfolio to longer-range strike weapons and defensive systems.

Home News Orrick Advises EverAg on the Sale of its Risk Management Business to Stone Point Capital Ever.Ag, a global agri-food technology leader, today announced that it has completed the sale of its Risk Management business to funds managed by Stone Point Capital, a leading alternative investment firm focused on the global financial services industry and related sectors.

A new era of nuclear medicine is taking shape. For decades, radioactive isotopes have given physicians an extraordinary ability to see inside the human body—tracing biological processes, identifying disease, and diagnosing conditions with a precision that other technologies cannot always match. Today, that same fundamental capability is being pushed much further.

Banneker Partners' portfolio company XBE Holdings, Inc., the system of action and superworkforce for heavy materials, logistics and construction, has announced a growth investment from PSG, a leading growth equity firm that partners with software and technology-enabled services companies to capitalize on transformational expansion. The investment will support faster product innovation and scale to build on XBE's strong agentic platform. Orrick represents Banneker Partners.

Stripe announced today that it has agreed to acquire OpenRouter, a leading AI model gateway and routing platform. Orrick represented OpenRouter. THE COMPANIES Founded in 2023, OpenRouter provides a single, standards-compatible API that lets developers and enterprises tap into 400+ large-language-models (LLMs) from OpenAI, Anthropic, Google, Mistral and more-without rewriting code or renegotiating contracts.

Orrick has advised Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) on the successful closing of a new senior and mezzanine borrowing base financing for AMPYR Distributed Energy (ADE), Europe's leading distributed energy infrastructure platform, to support ADE's development of solar and battery energy storage systems (BESS) projects across Europe.

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Should you list in the U.S. or stay home in Germany? This isn't a trivial question. Get it right, and you could access billions in growth capital, achieve a valuation that reflects your ambitions, and position yourself for strategic opportunities. Get it wrong, and you might waste millions on legal and compliance costs or trap yourself in a home market that systematically undervalues your company.

Steven “Steve” Lozner joins Orrick’s Structured Finance team as a partner in New York with a focus on collateralized loan obligations (CLOs) and related leveraged loan warehouse facilities. Orrick has more than doubled the size of its Structured Finance team since October 2025, growing from 49 lawyers to 102 lawyers, including 35 partners.

Speakers London D+44 20 7862 4715 E London In addition to sheer volume of deals, Shawn's incomparable market insight stems from his leadership roles at Orrick, the only global firm focused on technology, and his experience working throughout the UK & Europe, North America and Asia. Shawn serves as a member of the firm’s Board of Directors and leads Orrick's London Corporate practice.