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Hadrian

Automated precision parts factories for aerospace and defense
Defense / Industrials 📍 Torrance, CA Founded 2020
Current Valuation
$7.9B
as of 2026-Q3
UNICORN

IPO Outlookprivate

Is Hadrian going public?
No. Hadrian has no imminent IPO plans on record. It is still private.
What is Hadrian's valuation in 2026?
Hadrian is valued at $7.9B as of 2026-Q3, set by its Series D ($1.4B, Aug 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Hadrian filed an S-1?
No public S-1 is on file for Hadrian.
Who are Hadrian's investors?
Hadrian's investors include JPMorgan Strategic Investment Group, WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, Baillie Gifford and 8 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Hadrian builds highly automated factories that produce precision aerospace and defense parts and assemblies on demand, combining CNC machining, robotics, AI and proprietary scheduling to turn quotes around in days instead of months — a critical bottleneck for the US defense industrial base. Customers include the Pentagon, Lockheed Martin, SpaceX and Anduril. The $1.37B Series D in August 2026, anchored by JPMorgan’s Strategic Investment Group, valued Hadrian at $7.87B — a 4.9x step-up from the $1.6B Series C thirteen months earlier — and funds new factories, R&D, production capacity and a larger workforce.

Company Profile

CEO
Chris Power
Founded
2020
HQ
Torrance, CA
Employees
~500
Total Raised
$1.9B
Growth
4.9x valuation step-up in 13 months
Last Round
Series D — $1.4B (Aug 2026) · Lead: JPMorgan Strategic Investment Group (anchor)
IPO Status
no imminent plans

Fundraising Status

Series D · $1.4B · this month
no imminent plansTotal raised $1.9B5 disclosed rounds

Series D Impact

Round Size
$1.4B
Primary financing announced
Post-Money Valuation
$7.9B
Company-announced mark
Valuation Step-Up
+391.9%
vs Series C at $1.6B
Round / Post-Money
17.4%
New capital ÷ post-money
Disclosed Funding
$1.9B
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.

Secondary Market

Implied price / share
$26.71
Last round price / share
$18.39
vs last round
+45.2%
Open interest
11
Last round price vs secondary price
Last round vs current secondary price per share$18.39Last round$26.71Current
Secondary price return by period
Secondary market period returns3-month+87.3%6-month+109%1-year+144%All-time+123%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Growth & Valuation

Valuation across funding rounds
Valuation growth across funding rounds$1.6B$7.9BJul '25Aug '26
Capital raised per round
Capital raised per funding round$10MSeed$90MSeries A$92MSeries B$260MSeries C$1.4BSeries D
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.

Funding History

RoundAmountDateLead InvestorPost-Money
Series D$1.4BAug 2026JPMorgan Strategic Investment Group$7.9B
Series C$260MJul 2025Founders Fund & Lux Capital$1.6B
Series B$92MFeb 2024Founders Fund
Series A$90MMar 2022Andreessen Horowitz & Lux Capital
Seed$9.5MApr 2021Founders Fund & Lux Capital

Recent Activity

💰
Aug 2026 · Bloomberg · funding
🚀
Aug 2026 · PR Newswire · product
💰
Jul 2025 · CNBC · funding
🚀
Jul 2025 · PR Newswire · product

Vertical Intelligence — Defense / Aerospace

No name-verified federal prime awards for Hadrian in the last 36 months on USASpending.gov — revenue may be classified, flow through subcontracts, or be non-US. Absence of a registry match is reported as-is.
Checked usaspending.gov as of 2026-08-19. Re-checked weekly.

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
131
via ashby
Product-build share
68%
engineering, research, product, design
Trajectory
steady
heavy product build — 68% of open roles are product-building functions (engineering/research/product) — 39 of 131 open roles are engineering.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month131Aug '26
Open roles by function
Open roles by functionEngineering39Hardware30Other27Product8Data & ML8Ops & People7Finance & Strategy3Legal & Policy3Research2
product-building   go-to-market / G&A
All Levels: Fullstack Software EngineerCNC Controls EngineerDirector of Federal Programs, Additive ManufacturingApplications EngineerManufacturing Engineer, ProductionManufacturing Engineer
Counted from Hadrian's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Chris Power

Investors

JPMorgan Strategic Investment Group · WCM Investment Management · Washington Harbour Partners · Valor Equity Partners · 137 Ventures · Baillie Gifford · Founders Fund · Andreessen Horowitz · 1789 Capital · Lux Capital · Altimeter Capital · Construct Capital · Caffeinated Capital · Morgan Stanley

Products

  • Hadrian Factory 1 & 2 (automated precision CNC)
  • Factory 3 — Mesa, Arizona
  • Hadrian Maritime (shipbuilding & naval production)
  • Software-defined parts production
  • Full product manufacturing (assemblies, not just parts)
  • Munitions component production

Competitors

Traditional aerospace machine shops · Velo3D · Relativity Space (manufacturing arm) · Divergent Technologies
DefenseIndustrialsAdvanced ManufacturingDecacorn-trackUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.