Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: hadrian Clear Filter

Hadrian raises $260M to build out automated factories for space and defense parts

Investors are continuing to rally behind the call to reindustrialize American industry, this time by building out a $260 million war chest for automated manufacturing startup Hadrian to scale its factory footprint and make even more machine parts. Hadrian’s aim is to modernize American manufacturing by leveraging advanced automation to deliver mass-produced parts for aerospace and defense companies at a fraction of the time. It’s a huge change to the status quo: a manufacturing industry that’s

Defense manufacturing startup Hadrian closes $260 million funding round led by Peter Thiel's Founders Fund

Defense manufacturing startup Hadrian on Thursday announced the closing of $260 million Series C funding round led by Peter Thiel's Founders Fund and Lux Capital. The machine parts company said it will use the funding to build a new 270,000 square foot factory in Mesa, Arizona, and expand its Torrance, California, location as it looks to beef up its shipbuilding and naval defense capabilities. "What we really need in this country is this quantum leap above China's manufacturing model," said CE