Hadrian
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Investors
Founders
About
Hadrian is an American manufacturing company that designs and operates automated, software-driven factories to produce precision components for the aerospace and defense industries 1. The company was founded in November 2020 by Chris Power, an Australian entrepreneur who previously founded ADSC, a private equity firm focused on precision manufacturing rollups 2. Hadrian is headquartered in Los Angeles, California 1.
The company uses proprietary software called “Opus” to coordinate factory operations and achieve production autonomy 3. Hadrian’s factories operate at a 1:5-1:6 human-to-machine ratio compared to the industry standard of 2:1, and achieve 75-80% equipment uptime versus a 30% aerospace industry average 2. The company produces approximately 10,000 unique parts per month across drones, rockets, satellites, and naval systems, reducing lead times from the industry standard of 4-16 weeks to 1-3 weeks 2.
Hadrian operates a 100,000-square-foot facility in Torrance, California (“Factory 2”), and is building a 270,000-square-foot manufacturing hub in Mesa, Arizona (“Factory 3”), which represents a $200 million capital investment and approximately 350 new jobs 3. The company has announced plans to build up to five additional factories over the course of 2026 4. Defense contracts represent approximately 50% of current business, with 80% of revenue coming from 3-7 year production contracts 5.
Funding History
| Date | Round | Amount | Lead Investor(s) | Co-Investors |
|---|---|---|---|---|
| 2021-04 | Seed | $9.5M | Founders Fund, Lux Capital | Construct Capital 67 |
| 2022-03 | Series A | $90M | Andreessen Horowitz, Lux Capital | Founders Fund, Construct Capital, Caffeinated Capital, Lachy Groom, 137 Ventures 82 |
| 2023-12 | Series B | $117M | Construct Capital | RTX Ventures, WCM Investment Management, Caffeinated Capital, Andreessen Horowitz, Founders Fund, Lux Capital 910 |
| 2025-07-17 | Series C | $260M (incl. $150M debt via Morgan Stanley) | Founders Fund, Lux Capital | Altimeter Capital, D1 Capital Partners, StepStone Group, 1789 Capital, Andreessen Horowitz, Construct Capital 311 |
| 2026-01-09 | Series D | Undisclosed | T. Rowe Price Associates | Altimeter Capital, D1 Capital Partners, StepStone Group, 1789 Capital, Founders Fund, Lux Capital, Andreessen Horowitz, Construct Capital 12 |
Total funding raised: approximately $611 million 13. Valuation as of January 2026: $1.6 billion 12.
What Investors Say
“We’re honored to support the Hadrian team as they build the future of American manufacturing.” – Katherine Boyle, General Partner, Andreessen Horowitz, a16z announcement, 2022 14
“This is the perfect window to build this company. Supply needs were flat for sixty years and then they grew exponentially overnight.” – Delian Asparouhov, Founders Fund, Not Boring profile, 2022 15
“The upside here is that this is the Taiwan Semiconductor of the aerospace and defense industry, an ‘n of 1’ company.” – Brandon Reeves, Lux Capital, Not Boring profile, 2022 15
What Founders Say
“America cannot afford to lose another generation of industrial capacity. We’re building the factories that will secure American leadership in advanced manufacturing.” – Chris Power, CEO & Founder, Hadrian press release, July 2025 3
“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, CEO & Founder, Hadrian press release, January 2026 12
“It’s the most important thing I could possibly be working on, regardless of the chance of failure or pain threshold required to do it.” – Chris Power, CEO & Founder, Not Boring profile, 2022 15
“The F-16 or F-35 ultimately rely on one guy named Bob knowing how to make the component in his head 10 layers deep.” – Chris Power, CEO & Founder, Breaking Defense interview, August 2024 5
“Everyone leaves at 5 or 5:30 and the machines all run themselves overnight.” – Chris Power, CEO & Founder, Contrary Research profile 2
Sources
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TechCrunch, “Hadrian raises $260M to build out automated factories for space and defense parts,” July 17, 2025. https://techcrunch.com/2025/07/17/hadrian-raises-260m-to-build-out-automated-factories-for-space-and-defense-parts/↩↩
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Contrary Research, “Report: Hadrian Business Breakdown & Founding Story,” accessed March 2026. https://research.contrary.com/company/hadrian↩↩↩↩↩
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PR Newswire, “Hadrian Raises $260M to Build AI-Powered Factories for America, Adds Full Product Manufacturing, Opens Arizona Site,” July 17, 2025. https://www.prnewswire.com/news-releases/hadrian-raises-260m-to-build-ai-powered-factories-for-america-adds-full-product-manufacturing-opens-arizona-site-302508179.html↩↩↩↩
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PR Newswire, “Hadrian Launches Additive Manufacturing Division to Expand U.S. Defense Production Capacity,” 2026. https://www.prnewswire.com/news-releases/hadrian-launches-additive-manufacturing-division-to-expand-us-defense-production-capacity-302668241.html↩
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Breaking Defense, “How startup Hadrian plans to take over the defense manufacturing world,” August 2024. https://breakingdefense.com/2024/08/how-startup-hadrian-plans-to-take-over-the-defense-manufacturing-world/↩↩
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TechCrunch, “Hadrian is building the factories of the future for rocket ships and advanced manufacturing,” April 15, 2021. https://techcrunch.com/2021/04/15/hadrian-is-building-the-factories-of-the-future-for-rocket-ships-and-advanced-manufacturing/↩
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dot.LA, “Hadrian Raises $36M to Make Autonomous Aerospace Factories,” January 2022. https://dot.la/hadrian-space-2656330578.html↩
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CNBC, “Machine-parts start-up Hadrian raises $90 million as it seeks to shake up the aerospace supply chain,” March 31, 2022. https://www.cnbc.com/2022/03/31/machining-start-up-hadrian-raises-90-million-from-andreesen-lux.html↩
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Cooley LLP, “Hadrian Automation Announces $117 Million Series B,” February 2024. https://www.cooley.com/news/coverage/2024/2024-02-21-hadrian-automation-announces-117-million-series-b↩
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TechCrunch, “Hadrian Automation’s CEO wants to defy history and revitalize American industry,” February 21, 2024. https://techcrunch.com/2024/02/21/hadrian-automations-ceo-wants-to-defy-history-and-revitalize-american-industry/↩
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Breaking Defense, “Manufacturing startup Hadrian to expand to Arizona, and into defense primes’ own factories,” July 2025. https://breakingdefense.com/2025/07/manufacturing-startup-hadrian-to-expand-to-arizona-and-into-defense-primes-own-factories/↩
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PR Newswire, “Hadrian Partners with T. Rowe Price to Accelerate the Reindustrialization of America,” January 9, 2026. https://www.prnewswire.com/news-releases/hadrian-partners-with-t-rowe-price-to-accelerate-the-reindustrialization-of-america-302657125.html↩↩↩
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Washington Technology, “Andreessen Horowitz, Hadrian and Valinor detail their newest capital raises,” January 2026. https://www.washingtontechnology.com/companies/2026/01/andreesen-horowitz-hadrian-and-valinor-detail-their-newest-capital-raises/410613/↩
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Andreessen Horowitz, “Investing in Hadrian,” 2022. https://a16z.com/announcement/investing-in-hadrian/↩
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Not Boring by Packy McCormick, “Hadrian: Ex Machina Ad Lunam,” 2022. https://www.notboring.co/p/hadrian-ex-machina-ad-lunam↩↩↩