Automated precision parts factories for aerospace and defense
Defense / Industrials📍 Torrance, CAFounded 2020
Current Valuation
$7.9B
as of 2026-Q3
UNICORN
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
Secondary price return by period
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
Capital raised per round
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
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
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.