Hadrian today announced $1.37 billion in new equity financing to accelerate the buildout of the domestic manufacturing capacity needed to deliver America's most critical defense, aerospace, and industrial systems.

The raise values Hadrian at $7.87 billion. The financing will be co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford.

The round also included major participation by 1789 Capital, as well as participation from Morgan Stanley Wealth Management, funds managed by Apollo, accounts advised by T. Rowe Price Associates, Inc., CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter, Construct Capital, and existing investors.

Hadrian is rebuilding America's industrial base with highly automated factories that combine process engineering, AI, and robotics. Its mission is to help space and defense manufacturers produce full programs at scale in the U.S. while giving American workers the tools to compete globally.