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Hadrian Raises $260 Million For New Factory As It Dials Up For Defense

Cal Biesecker By
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Hadrian Raises $260 Million For New Factory As It Dials Up For Defense
Rendering of Hadrian’s planned Factory 3 in Mesa, Ariz. Image: Hadrian

Advanced manufacturer Hadrian on Thursday said it raised $260 million in a new funding round that will be used for a new production facility in Arizona, and a new corporate, and research and development headquarters, furthering the company’s goal of expanding and improving America’s defense and overall industrial base. The 270,000 square foot production facility and software hub, estimated to cost $200 million, in Mesa, Ariz., and the future 400,000 square foot headquarters—for which a search is underway—are slated to…

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