Hadrian, a company focused on building advanced U.S. manufacturing capacity for aerospace, defense, and critical infrastructure, announced it has raised expanded capital led by accounts advised by T. Rowe Price Associates. The financing values the company at $1.6 billion, Hadrian said.
The round included participation from Altimeter Capital, D1 Capital Partners, StepStone Group, 1789 Capital, Founders Fund, Lux Capital, a16z, Construct Capital, and existing investors, according to the company.
Hadrian said it will use the new funding to accelerate factory expansion, scale workforce training programs, and continue investing in automation, AI-driven tooling, and real-time manufacturing intelligence. The company’s model, which it describes as “Factories as a Service,” is aimed at producing mission-critical components, assemblies, and full product lines with higher throughput and reliability as demand for domestic capacity increases.
KEY QUOTE:
“For decades, the United States separated design from production and assumed global supply chains would carry the load.” “That assumption no longer holds. This capital accelerates our ability to build the industrial capacity America needs by pairing advanced automation with workforce training designed for the scale of the opportunity in front of us.”
Chris Power, Founder and CEO, Hadrian
