Hadrian Secures Funding at $1.6 Billion Valuation to Expand Automated Manufacturing for Aerospace and Defense
Hadrian, a developer of automated factories based in Los Angeles, California, raised capital at a $1.6 billion valuation. The funding round was led by T. Rowe Price Associates, Inc. and included participation from Altimeter Capital, D1 Capital Partners, StepStone Group, 1789 Capital, Founders Fund, Lux Capital, a16z, Construct Capital, and other existing investors.
The company will use the funds to accelerate factory expansion, enhance workforce training programs, and invest in automation, AI-driven tooling, and real-time manufacturing intelligence. Founded by Chris Power, Hadrian operates under a 'Factories as a Service' (FaaS) model, developing advanced manufacturing facilities for mission-critical components in the aerospace, defense, and critical infrastructure sectors.
