Hadrian Secures Funding at $1.6 Billion Valuation to Expand Automated Manufacturing for Aerospace and Defense
Hadrian, a Los Angeles-based developer of automated factories, has raised funding at a $1.6 billion valuation, led by T. Rowe Price Associates and supported by several prominent investors. The capital will be used to accelerate factory expansion, improve workforce training, and invest in automation and AI-driven technologies. Founded by Chris Power, Hadrian operates under a 'Factories as a Service' model, focusing on manufacturing critical components for the aerospace and defense sectors.
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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.
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