Hadrian Secures $1.37 B Series D Funding to Expand Automated Defense Factories

Hadrian, a U.S. advanced-manufacturing startup that supplies the Pentagon and major defense primes, announced a $1.37 billion Series D equity round that values the company at $7.87 billion. JPMorgan Chase’s Strategic Investment Group anchored the financing, with co-lead investors including WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford. Additional participants were 1789 Capital, Morgan Stanley Wealth Management, Apollo-managed funds, T. Rowe Price Associates, CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter and Construct Capital. The capital will fund new factories, research and development, and expanded production of munitions, shipbuilding and autonomous systems.

Hadrian Raises $1.37B in Series D Funding to Build Automated U.S. Factories with AI and Robotics Hadrian Raises $1.37 Billion Series D At $7.87 Billion Valuation To Expand Automated Defense Manufacturing Hadrian raises $1.37 billion to expand automated defense manufacturing, reinforces Muscle Shoals F4 Defense-Manufacturing Startup Hadrian Raises $1.37B Series D at $7.87B Valuation Bloomberg

The round arrives amid a record-setting surge in defense-tech venture capital, with startups raising roughly $35 billion in the first half of the year. U.S. defense procurement faces aging supply chains, skilled-labor shortages and rising material costs, prompting investors to back AI-driven, highly automated manufacturing platforms that can accelerate production of critical components for missiles, submarines and other systems.

Defense-Manufacturing Startup Hadrian Raises $1.37B Series D at $7.87B Valuation

• Funding amount: $1.37 billion (Series D).

Bloomberg

• Post-money valuation: $7.87 billion, about five times the valuation a year earlier.

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• Workforce target: increase from ~700 to 2,000 employees within 12 months.

Hadrian Raises $1.37B in Series D Funding to Build Automated U.S. Factories with AI and Robotics

• Physical footprint: just under 3 million sq ft across four facilities—two sites in Torrance, California, plus factories in Mesa, Arizona and Muscle Shoals, Alabama.

Hadrian Raises $1.37B in Series D Funding to Build Automated U.S. Factories with AI and Robotics

• Planned expansion: additional factories in Australia, Asia and Europe by year-end, plus an engineering and R&D hub in San Francisco.

Defense-Manufacturing Startup Hadrian Raises $1.37B Series D at $7.87B Valuation

Hadrian’s founder and chief executive, Chris Power, said the financing provides “more fuel on the fire” for the company’s effort to meet future Pentagon orders. The equity proceeds will not directly fund factory construction; a line of credit for capital expenditures is being finalized and will be announced in the coming weeks.

Bloomberg

JPMorgan Chase’s Strategic Investment Group participated through the bank’s Security and Resiliency Initiative, which targets industries deemed essential to U.S. national and economic security.

Defense Factory-Builder Hadrian Raises $1.37 Billion — Valuation Nears $8 Billion

On July 13, Defense Secretary Pete Hegseth announced a joint task force with the Department of Justice to investigate leaks of sensitive defense-manufacturing information.

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A scheduled collaboration on July 29 will see Hadrian work with space-startup Fortastra to develop a cost-effective additive-manufacturing process for aerospace customers.

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• “Production is now the frontline of deterrence,” — Chris Power, chief executive

Hadrian raises $1.37 billion to expand automated defense manufacturing, reinforces Muscle Shoals F4

Over the next year, Hadrian plans to:

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1. Open additional highly automated factories in the United States and abroad, expanding the “Factories-as-Service” network.

Hadrian Raises $1.37 Billion Series D At $7.87 Billion Valuation To Expand Automated Defense Manufacturing

2. Launch new production lines for mission-critical systems, including advanced munitions, shipbuilding components and autonomous platforms.

Hadrian raises $1.37 billion to expand automated defense manufacturing, reinforces Muscle Shoals F4

3. Continue hiring and training operators, engineers and technicians, while offering “technician equity” that gives factory workers a financial stake.

Hadrian Raises $1.37B in Series D Funding to Build Automated U.S. Factories with AI and Robotics

4. Finalize the line of credit to finance construction, machinery, materials and other capital needs for the upcoming facilities.

Hadrian raises $1.37 billion to expand automated defense manufacturing, reinforces Muscle Shoals F4

The infusion of capital positions Hadrian to scale domestic defense manufacturing capacity rapidly, addressing bottlenecks in the U.S. industrial base and supporting the Pentagon’s demand for faster, more secure production of critical systems.

Hadrian Raises $1.37 Billion as Demand for U.S. Defense Production Explodes