The investment supports nearly five football fields' worth of new manufacturing space, expanded R&D capacity, and dedicated teams focused on shipbuilding and naval defense production.

The raise includes $260 million in Series C financing led by existing investors Founders Fund and Lux Capital, and a factory expansion loan facility arranged by Morgan Stanley.

Hadrian is the factory of the future, transforming the U.S. industrial base by building highly automated factories that supercharge American workers with process engineering, AI, machine learning, and robotics to Reindustrialize America and compete head-to-head with China's industrial base. Its mission is to enable space and defense manufacturers to produce domestically at globally competitive costs, restoring U.S. industrial supremacy and countering China's manufacturing advantages. Currently, Hadrian operates a 100,000-square-foot factory in Torrance, CA, and is in the process of developing other production sites.