Hadrian, an automated manufacturing startup, is on the cusp of raising $260 million in a new funding round. This investment will buttress its capacity in the civilian space and defense sectors. Since launching in 2020, the company has raised almost $500 million in total funding. This remarkable support indicates that investors have deep confidence in its mission to continue to remake the American manufacturing landscape.
The most recent funding round was led by notable venture capital firms Founders Fund and Lux Capital. Morgan Stanley provided Hadrian significant financial backing for the planned expansion of Hadrian’s future factory. This new capital will allow Hadrian to scale their factory footprint and produce more of the critical machine parts that go into making those parts.
Hadrian, for one, is currently in the midst of constructing a new production facility in Arizona. This facility—referred to as “Factory 3”—is scheduled to begin production by Christmas 2025. This facility will expand its production capabilities even further, with four times the machining throughput of Hadrian’s second factory. The company further focuses these strategic investments on addressing the critical need for reshoring domestic production. This continued effort is just as important for the future of our nation.
Our nation’s manufacturing sector is in the midst of a five-alarm crisis. Chiefly is because it’s led by a nexus of small, precision machining shops – with many owners near or at retirement age. Hadrian’s mission is to combat this status quo by using automation and advanced manufacturing processes to improve the homebuilding supply chain. The company’s founder has articulated a vision for reindustrialization, stating, “This country is heading into a generational fight. The hour is extremely late. The great game is on … We have an incredibly short window to prepare for this, fix it, reindustrialize the country and return to what made us great in the first place.”
Hadrian’s emphasis on automated manufacturing makes it one of the better bets to help restore American industry to its rightful place as a world leader. The company emphasizes that achieving the necessary scale and speed is crucial “to meet the sale and speed needed to reclaim our birthright as the industrial superpower of the world.”