- Hadrian has secured $1.37 billion in new equity financing
- The Series D round brings Hadrian’s valuation to $7.87 billion
- The 2026 Navy Summit will explore AI, digital engineering, shipbuilding and more
Advanced manufacturing company Hadrian has raised $1.37 billion in a round of Series D financing to expand its network of automated factories supporting U.S. defense, aerospace and industrial manufacturing.
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Hadrian said Thursday the funding round values the company at $7.87 billion.
“This financing allows Hadrian to accelerate building the Factories of the Future, expand into new mission-critical production capabilities, and invest in the technicians and engineers who will rebuild America’s industrial base,” said Chris Power, founder and CEO of Hadrian.
What Is the Purpose of the Financing?
The funding will support new factory construction, expanded research and development, and additional production capabilities as Hadrian builds out infrastructure to rapidly deliver mission-critical systems.
The company plans to advance its “Factories-as-a-Service” model, which supports rapid production scaling across munitions, shipbuilding and other high-priority defense programs. Hadrian said the investment will also fund new technician and engineering roles, including an expanded technician equity program that gives factory-floor workers a direct stake in the company’s growth.
Who Participated in the Series D Round?
The financing round was co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford, with JPMorganChase’s Strategic Investment Group joining as anchor co-lead through its Security and Resiliency Initiative.
The round also drew participation from 1789 Capital; Morgan Stanley Wealth Management; accounts advised by T. Rowe Price Associates; funds managed by Apollo, CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter and Construct Capital; and existing Hadrian investors.
What Other Recent Developments Has Hadrian Announced?
The Series D round follows a period of expansion for Hadrian since its Series C financing a year ago. The company has grown its manufacturing footprint to just under 3 million square feet across four sites, adding new factories in Mesa, Arizona, and Muscle Shoals, Alabama.
That growth has been paired with an expanding set of defense partnerships. The U.S. Army recently awarded Hadrian Automation a contract to establish an advanced manufacturing facility at Red River Army Depot in Texas. Hadrian has also opened its Factory 4 site to support the U.S. Navy’s shipbuilding and submarine manufacturing efforts. To further broaden its production capabilities, the company launched Hadrian Additive, a new division focused on additive manufacturing for defense applications.
Those moves build on an earlier $260 million raise that funded new facilities and expanded manufacturing and research capabilities.
