Hadrian raises $1.37B to accelerate U.S. defense, aerospace manufacturing

Hadrian Automation, a company founded in 2020 that builds highly automated factories using AI, machine learning, and robotics, has raised $1.37 billion in new equity financing. The company plans to use this funding to expand its domestic manufacturing capacity to produce military, aerospace, and industrial systems, with the goal of competing with China's industrial base. Hadrian operates factories across multiple locations and uses a "factories-as-a-service" model to rapidly scale production for munitions, shipbuilding, and other mission-critical programs. The funding brings Hadrian's valuation to $7.87 billion and was led by multiple major investment firms and banks focused on security and resiliency.