Hadrian company profile: valuation, funding & revenue

This Hadrian company profile covers the company's valuation, revenue, funding rounds, investors and history. Hadrian works in defense technology, with a focus on automated precision manufacturing. It was founded in 2020 and is headquartered in Los Angeles, California, United States. Its latest valuation on record is US$7.87 billion (August 2026). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.

Revenue

Funding history

Hadrian timeline

Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.

• 2020 — Hadrian is founded in Los Angeles by Chris Power (CEO).
• Jul 2025 — Series C: US$260M. Investors: Founders Fund and Lux Capital (leads).
• Aug 2026 — Series D: US$1.37B, valuing the company at US$7.87B.

Investors

Overview

Hadrian builds highly automated factories that make precision metal parts for the aerospace and defense industries. Rockets, satellites, fighter jets, drones and missiles all depend on thousands of complex machined components, many of which are produced by small, ageing machine shops that struggle to find skilled workers. Hadrian combines advanced CNC machines with its own software, automation and AI to make those parts faster, more reliably and with fewer specialist machinists, aiming to rebuild American manufacturing capacity for national security.

Chris Power founded Hadrian in 2020. Power, who grew up in Australia, previously founded Cubitic, a software company, and became convinced that the US defense supply chain had a critical weakness in its fragmented base of small suppliers. Hadrian is headquartered in the Los Angeles area, with factories in Torrance, California, and Mesa, Arizona. The company has become one of the most prominent voices in the push to "reindustrialise" America.

The problem Hadrian is solving

The US aerospace and defense supply chain relies on tens of thousands of small machine shops. Many are family businesses whose owners are approaching retirement, and the skilled machinists they employ are ageing too, with too few young people entering the trade. Lead times for critical parts can stretch to many months, slowing programmes from rockets to submarines. Prime contractors and new defense companies alike struggle to scale production. Hadrian's view is that the solution is not more manual shops but factories designed around software and automation from the start.

How Hadrian's factories work

• Software-driven planning: Hadrian's software converts part designs into machining programmes and production plans, reducing the specialist programming time that traditionally slows new parts.
• Automation: machines run with less human intervention, including overnight, with automated inspection and quality checks.
• Training: Hadrian trains people without prior machining experience to operate its factories, widening the talent pool.
• Quality systems: aerospace parts require strict documentation and traceability, which Hadrian builds into its software.

Customers

Hadrian supplies space companies, defense primes and new defense technology firms, as well as the US Navy, where it has worked on parts for submarine and shipbuilding programmes. Demand has been boosted by efforts to expand production of munitions, ships and space systems, and by a desire among customers to diversify away from fragile small suppliers.

Funding

Hadrian raised early funding from Andreessen Horowitz, Lux Capital, Founders Fund and others. In July 2025 it raised a US$260 million Series C led by Founders Fund and Lux Capital, alongside a factory expansion loan facility arranged by Morgan Stanley. A round in early 2026 led by T. Rowe Price was reported at about US$1.6 billion. In August 2026 Hadrian announced a US$1.37 billion Series D at a US$7.87 billion valuation, according to Bloomberg. The company denied an earlier report of a round at a slightly different valuation, so we use the August 2026 figure it announced.

Competition

Hadrian competes with thousands of traditional machine shops, larger contract manufacturers such as Precision Castparts (owned by Berkshire Hathaway), and other startups using automation in manufacturing, such as Machina Labs and Divergent. Large defense companies also make many parts in-house. Hadrian's differentiation is its software-first approach and its scale ambitions.

Hadrian at a glance

Hadrian is a Los Angeles manufacturing company founded in 2020 by Chris Power. It runs automated factories in California and Arizona producing precision parts for aerospace and defense. It raised a US$260 million Series C in July 2025, led by Founders Fund and Lux Capital, and a US$1.37 billion Series D at US$7.87 billion in August 2026.

Reindustrialisation and venture capital

Manufacturing has traditionally been unattractive to venture investors because factories need heavy capital investment and margins are often thin. That view has changed for defense-related manufacturing, driven by geopolitical tensions, supply chain lessons from the pandemic, government support for domestic production and the success of companies such as SpaceX and Anduril. Investors now see opportunities to apply software and automation to physical production, betting that companies like Hadrian can achieve better margins than traditional manufacturers by producing more parts with fewer people. Our guide to defense tech startups covers the trend in detail.

Workforce and training

Hadrian's model depends on training new workers quickly. Traditional machinists learn through years of apprenticeship; Hadrian aims to train operators in weeks by having software handle much of the expertise. Supporters see this as a way to create good manufacturing jobs; critics question whether automation will reduce overall employment in the trade. Either way, the approach responds to a real shortage of skilled labour across US manufacturing.

Questions for buyers of precision parts

• Which parts and materials can the supplier produce, and with what certifications?
• What lead times and capacity can it commit to?
• How does quality compare with incumbent suppliers, including defect rates?
• How does pricing change at higher volumes?

Why precision parts are a bottleneck

A single rocket engine or aircraft can contain thousands of machined parts, each with tight tolerances measured in thousandths of an inch and strict requirements for materials and documentation. If even one part is late, an entire assembly can stall. Unlike software, manufacturing capacity can't be scaled overnight: it needs machines, floor space, trained people and certified processes. That's why defense officials have identified the lower tiers of the supply chain, the small suppliers that make components for larger contractors, as one of the biggest obstacles to increasing production of ships, munitions and aircraft.

Hadrian's growth strategy

Hadrian's plan is to build a network of large automated factories, each producing parts for many customers. Standardising equipment and software across factories should let it add capacity in predictable steps and move work between sites. The Series D gives it capital to build more factories and possibly to expand into adjacent processes, such as assembly, sheet metal and surface treatments, so it can deliver more complete components rather than individual parts.

Latest developments (October 2026)

Hadrian raised US$1.37 billion in a Series D announced on 6 August 2026 at a US$7.87 billion valuation, according to Reuters as published by BNN Bloomberg, up from US$1.6 billion in January. Reports named WCM, Washington Harbour Partners, Valor, 137 Ventures and Baillie Gifford among co-leads, with JPMorgan's Strategic Investment Group as an anchor. Hadrian said it would build more automated factories for defence and aerospace parts.

What to watch

Watch new factory openings, major defense contracts, Navy shipbuilding work, profitability and how Hadrian uses its large Series D.

Takeaways

Aerospace and defense companies may gain faster, more reliable parts supply. Founders can see how software can transform old industries. Investors should watch whether automated factories achieve better margins than traditional machine shops.

Sources

Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.

1. BNN Bloomberg
2. Cooley