Defense tech Hadrian raises $1.37B at $8B valuation
Hadrian is building automated factories to mass-produce parts for defense vehicles like submarines. It's backed by a long list of well-known investors.
AI Summary
Defense tech company Hadrian raised $1.37 billion at a valuation of $7.87 billion, with lead investors including WCM Investment Management, Washington Harbour Partners, and others. The company builds automated factories to mass-produce parts for military vehicles like submarines, recently opening a facility in Alabama under a $2.4 billion public-private partnership.