Summary:
- Hadrian, a defense and aerospace manufacturing startup based in Torrance, CA, secured $260m in funding.
- The funding round was co-led by Founders Fund and Lux Capital, with participation from other investors.
- The company plans to use the funds to expand its operations and development efforts, including opening a new production facility in Mesa, Arizona.
Article:
Hadrian Raises $260m in Funding for Aerospace and Defense Manufacturing
Hadrian, a burgeoning defense and aerospace manufacturing startup located in Torrance, CA, recently announced a successful funding round that raised a total of $260 million. This significant investment will play a crucial role in driving the company’s expansion plans and furthering its development efforts in the industry.
Funding Details and Investors
The funding round was co-led by prominent venture capital firms Founders Fund and Lux Capital. Additionally, other investors such as Altimeter and 1789 Capital, along with existing backers Andreessen Horowitz, Construct Capital, and 137 Ventures, participated in the funding round. This collective support demonstrates a strong vote of confidence in Hadrian’s vision and potential for growth in the aerospace and defense sector.
Expansion Plans and Development Efforts
Under the leadership of CEO and founder Chris Power, Hadrian specializes in building automated factories that produce precision parts for aerospace and defense applications. With the newly secured funding, the company aims to expand its operations by establishing a new production facility in Mesa, Arizona. Furthermore, Hadrian plans to enhance its capabilities in naval defense by scaling up its existing location in Torrance, California.
Overall, the $260 million funding injection will enable Hadrian to accelerate its growth trajectory and solidify its position as a key player in the defense and aerospace manufacturing industry.
Published by FinSMEs on 18/07/2025
