This announcement shows that Iranian armed forces have not only become self-sufficient in weapons manufacturing in recent years but also that they can develop state-of-the-art equipment. It must be crystal clear to Iran's enemies that Tehran will never hesitate to strengthen its military capabilities, nor will it negotiate its defense capabilities.
While global powers like China, Russia, and the US are believed to be pursuing hypersonic weapons, this announcement is likely to be another fabrication by Tehran. Hypersonic missiles aren't listed in the Revolutionary Guard's broad ballistic program, and the commander has offered not a single shred of evidence to support his claim.
There's a 10% chance that the US will rejoin the Iran Nuclear Deal before 2024, according to the Metaculus prediction community.