The Reagan Institute’s 2026 National Security Innovation Base Report Card graded America’s Manufacturing Capacity & Industrial Base a D+ and highlighted the need to scale production. Hadrian’s $1.37B funding round shows the private sector is starting to answer that call. The challenge now: turn investment into production at speed and scale.

Today, we are happy to announce the closing of a $360 million revolving credit facility. The financing was arranged by a leading group of financial firms, underscoring strong institutional support for Hadrian’s continued growth. Morgan Stanley Senior Funding Inc. served as Lead Left Arranger and Bookrunner, with additional joint lead arrangers and bookrunners Western Alliance Bank, J. P. Morgan, First Citizens Bank, Customers Bank, HSBC Ventures USA Inc, Axos Bank, and Texas Capital Securities. Kirkland & Ellis was counsel to Hadrian on the transaction. This facility allows Hadrian to further invest in the advanced manufacturing infrastructure, machinery, and related hardware needed to achieve its production goals.

Congratulations to @2112Power and the @HadrianInc team on their $1.37B Series D at a $7.87B valuation! We're proud to have backed them since being the largest investor in their very first round at pre-seed. Hadrian builds highly automated factories that manufacture precision parts for aerospace and defense. This round will help them scale their Factories-as-a-Service model across critical areas like munitions and shipbuilding, expand internationally, and grow their team to rebuild America's industrial base. Despite how far they've come, it still feels like they're just getting started and we're excited for what comes next!

Still one of the clearest explanations of why America needs companies like Hadrian. Chris Power laying out the welder shortage math and the automation solution at @HillValleyForum Congrats on the massive Series D today - this is how you reindustrialize! @2112Power @HadrianInc

Why doesn't Hadrian pivot to AI infrastructure? CEO @2112Power says it would be a "disservice to the mission," given the scale of demand to reindustrialize. "We have so much demand across submarines, munitions, drones, the industrial base, and energetics that any market pivot would be doing a disservice to the mission."

Manufacturing 2.0 @HadrianInc just raised $1.4B at a nearly $8B valuation- which more than quadrupled from January "With physical AI sweeping the physical economy, which is 100x larger than the digital economy, everyone's going to need to rebase their software to adapt and compete in this new world” - @2112Power

Congrat @2112Power and @HadrianInc team. Reindustrializing America is one of the most important problems someone can work on today and no better place than Hadrian. Also — thank you @zebulgar for the original introduction and the opportunity to colead the seed with you.

We @ScribbleVC are proud supporters of @HadrianInc! Founder/CEO Chris Power (@2112Power) has built the best-in-class operation to reshore, rescale, and upgrade the Defense Industrial Base. They're the fastest growing manufacturer in the US, and they're hiring!

Five+ years ago, investing in a company building factories with automation and AI was literally a dream for the future, so after meeting @2112Power over Zoom during the pandemic, we asked ourselves if we don't get on board here, what are we doing @constructcap ? We got on board. Congrats to Chris and the entire @HadrianInc team who announced its $1.37B Series D today to build the next wave of automated factory production that this country desperately needs. Today, Hadrian is one giant step closer to its mission. It has delivered "the factory as the product"—an automated, physical AI-driven, full actualization of a vision for the next 100 years of industrial progress in the US. It’s a true techno-industrial company, one of the only instantiations of physical AI, and one of the only software automation platforms for manufacturing that actually works. Chris’s big realization back then was not just that the industrial base could not meet the wave of demand brewing on the horizon but also that this demand could not be satisfied simply by reinvigorating, modernizing, or otherwise somehow Improving existing suppliers. The supply side of the equation had already massively contracted and the machine shop owners set to retire over the coming decade could not invest in technology--forget rebuilding those with a physical AI approach. We needed a new way forward. Hadrian is not and never was simply building another manufacturer, a supplier, automation of on onesie-twosie parts, or a project with great payback or unit economics (but they have that too!). That is not how you capture a tsunami of demand, modernize our industrial base and fill a huge gap in industrial capacity. His vision was to rebuild that foundation from the ground up. Just as importantly, they're proving that rebuilding American manufacturing isn't only about new facilities, it's about creating new opportunities for people. By bringing physical AI to the factory floor, Hadrian is enabling productivity to compound and attracting a new wave of the workforce to this sector, putting them to work in a fraction of the time it used to take to train a machinist. It's been an honor to serve on the board and watch this company grow from an ambitious vision into one of the defining companies shaping the future of American manufacturing. I'm excited for what comes next.

America is reindustrializing. Rebuilding our industrial capacity with AI and advanced manufacturing will define the next decade. Congratulations to @Hadrian on its Series D. Pumped to continue partnering with @2112Power and the entire team as they build the AI-powered factories and manufacturing platform that will produce the next generation of defense, aerospace, and industrial systems.

History making. Now joined by Apollo, JPM et al We were very lucky to partner with Chris from the get go. A patriot, an execution and recruiting machine, a moral compass and north star. And an accent I envy Lux family co @HadrianInc led by the unflappable @2112Power

6 yrs ago I went on a walk w/ @2112Power We talked about the end of history that was coming down the pipe & how we needed to build companies to reindustrialize America to be ready 6 months later we led the Hadrian seed @ $17m Excited to announce they just raised $1.4b @ $7.9b

BREAKING: @HadrianInc has secured a $1.37B Series D. The American advanced manufacturing company is scaling its Factory-as-a-Service model while expanding into autonomous welding and new capabilities across inspection, energetics, casting, forging, assembly, electronics, additive manufacturing, sheet metal, pipe and tube, and NDT.

Today we're announcing our Series D: $1.37B in new capital at a $7.87B valuation to Reindustrialize America. Thank you to all our investors. WCM Investment Management, @WashingHarbour, Valor Equity Partners, @137ventures, and @BaillieGifford led the round. @jpmorgan Chase's Strategic Investment Group acted as anchor co-lead, investing through the firm's Security and Resiliency Initiative. The round also included major participation by @1789capital, as well as participation from @MorganStanley Wealth Management, @apolloglobal, @TRowePrice, @a16z, @CapitalG, @foundersfund, @lux_capital, @AltimeterCap, @constructcap, and existing investors. This round confirms our belief in a few simple things: America needs to Reindustrialize, Physical AI is real, transforming the world of atoms matters 100x more than the world of bits, and, most importantly, that the New American Workforce is the center of everything we do. Here's what we've built, and what comes next.