Hadrian raises $1.37 billion to build automated defense factories
Chris Power's factory network spans nearly 3 million square feet, including a Navy-opened Alabama site making submarine components.
By Ryan Merket · Published
Primary source: Aligned News - AI Intelligence
Why it matters
Hadrian's round brings infrastructure-scale finance into venture-backed manufacturing. Power must prove owned factories can stay utilized while meeting defense-grade quality and schedules.
Hadrian, founded and led by Chris Power (@2112Power), announced a $1.37 billion Series D on August 6th to expand its network of highly automated American factories. The financing valued the Torrance, California-based manufacturer at just under $8 billion after the round, Axios reported.…
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