Manufacturing company Hadrian recently announced a $260 million Series C financing round led by investors Founders Fund and Lux Capital. The company is headquartered in Torrance, California, and works to build AI-powered factories.
The funding will support the expansion of Hadrian’s manufacturing footprint and R&D capacity in California and Arizona. The company will focus on delivering precision parts and mission-critical systems as well as scaling production across key Department of Defense areas like munitions and shipbuilding.
Hadrian is opening Factory 3 in Mesa, Arizona. The 270,000-square-foot production facility and software hub represents an estimated $200 million investment and will create 350 new local jobs. Hadrian is also establishing a new corporate headquarters and launching Hadrian Maritime, a dedicated division focused on shipbuilding and naval defense production. Additionally, the company is introducing a Factories-as-a-service Model that will allow defense customers to scale factories for parts, assemblies or entire products.
