Hadrian has secured $1.37 billion in new venture capital, bringing the factory builder and defense manufacturer to a post-money valuation just under $8 billion. This capital injection marks a significant milestone for the firm as it scales its production capacity for the aerospace and defense sectors. The company currently manages nearly 3 million square feet of facility space across four locations and plans to open a new headquarters in Los Angeles alongside an R&D hub in San Francisco.
Founded by Chris Power, the company focuses on providing factories as a service. Its model combines human labor with robotics and proprietary software known as Opus to manufacture precision components. This approach serves major industry players including Lockheed Martin, RTX, and Anduril Industries. The U.S. Navy recently tapped the company to mass-produce parts for Virginia-class attack submarines and Columbia-class ballistic missile submarines in Alabama.
The massive Series D funding round was anchored by JPMorgan Chase’s Strategic Investment Group. Other participants include WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford. This investment follows a $260 million Series C round completed just over a year ago, highlighting the rapid growth of the firm.
Domestic production capacity remains a critical issue for national security. Current global conflicts have strained existing stockpiles, as missiles and interceptors are currently used faster than they are manufactured in the United States. Chris Power views domestic manufacturing as a primary form of deterrence. He argues that building mass production capabilities is essential for global leadership over the coming decade.
The company’s rapid ascent reflects a broader shift toward American reindustrialization. While manufacturing was once viewed as a niche concern, it is now a priority for both national security officials and large-scale investors. By deploying automated and design-agnostic factory systems, Hadrian aims to close the production gap and ensure the defense industrial base meets modern requirements.