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Hadrian
Aerospace & Defense
Hadrian is a Los Angeles-based manufacturing technology company building highly automated factories that produce precision-machined metal parts for the aerospace and defense industries.
$8.6B
+$72.10
6,715.20%
30 days ago
$1.07
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Hadrian was founded in 2020 by Chris Power, based on the observation that the aerospace and defense industries depend on an enormous and highly fragmented supply chain of small, often family-owned precision machining shops to produce the complex, tightly toleranced metal components used in rockets, satellites, aircraft, and defense systems, but that this supply base has generally underinvested in modern automation and software, remaining heavily dependent on skilled machinists' manual expertise in ways that create significant bottlenecks, inconsistent quality, and long lead times for aerospace and defense companies trying to scale production, particularly as the space and defense industries have sought to increase production rates significantly in recent years. Hadrian's approach is to build highly automated, software-driven precision machining factories that combine advanced robotics and computer numerical control (CNC) machining equipment with proprietary software that automates much of the part programming, quality inspection, and production scheduling work that traditional machine shops perform manually, aiming to produce aerospace-grade precision metal parts significantly faster and with more consistent quality than the traditional fragmented supply base of small machine shops typically achieves, while requiring meaningfully less reliance on the kind of scarce, highly experienced individual machinists that traditional precision manufacturing depends heavily upon. The company has positioned its factories as critical infrastructure supporting the broader "new space" and defense technology industry's rapid growth, since companies like SpaceX and other space and defense hardware manufacturers have faced persistent bottlenecks getting sufficient precision-machined parts fast enough from the traditional, more manually intensive machine shop supply base to support their own increasingly rapid production and launch cadences. Hadrian has built its first automated factories in Southern California's Torrance and Gardena areas, close to the concentration of aerospace and space companies in that region. The company has raised very substantial venture funding from investors including Founders Fund, Andreessen Horowitz, and General Catalyst, reaching a valuation exceeding $1.5 billion.
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