Hadrian has raised $1.37 billion in Series D equity financing to build additional highly automated factories and expand production of critical U.S. defense, aerospace and industrial systems. The financing values the advanced manufacturing company at $7.87 billion. The round was co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford.

JPMorganChase’s Strategic Investment Group joined as an anchor co-lead through the firm’s Security and Resiliency Initiative, which invests in industries considered important to U.S. national and economic security.

The round also included significant participation from 1789 Capital, along with Morgan Stanley Wealth Management, funds managed by Apollo, accounts advised by T. Rowe Price Associates, CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter and Construct Capital.

Existing investors also participated.

Hadrian will use the funding to open new factories, expand research and development, and add production capabilities as it works to manufacture complete mission-critical systems at greater speed and scale.

The company operates highly automated factories that combine software, artificial intelligence, robotics and process engineering.

Hadrian initially focused on producing precision components but is expanding its platform to deliver more complete systems for defense and industrial customers.

Through its Factories-as-a-Service model, Hadrian plans to rapidly scale production across munitions, shipbuilding, autonomous systems and other high-priority national security programs.

The company said demand for trusted domestic manufacturing capacity continues to exceed available supply, creating delays across defense, aerospace and other strategic industries.

Hadrian is building an AI-powered production network intended to increase output, shorten delivery timelines and reduce U.S. dependence on vulnerable or constrained supply chains.

The Series D follows Hadrian’s Series C financing approximately 12 months earlier.

Since that round, the company has expanded its manufacturing footprint to nearly three million square feet across four facilities.

Hadrian operates two sites in Torrance, California, and recently opened factories in Mesa, Arizona, and Muscle Shoals, Alabama.

The Arizona and Alabama facilities add capacity in regions with established aerospace, defense and industrial workforces.

Over the next year, Hadrian plans to open additional factories and launch new production lines focused on areas including munitions and autonomous systems.

The company is also investing in the technicians, engineers and technology professionals needed to operate its expanding manufacturing network.

Hadrian’s workforce model combines automated machinery with skilled employees responsible for managing, improving and scaling production.

The company is also broadening access to equity ownership for technicians, allowing factory workers to participate directly in Hadrian’s potential long-term growth.

Hadrian said the funding will support not only its internal expansion but also a larger network of industrial partners helping manufacture and deliver mission-critical systems.

The company’s broader mission is to rebuild U.S. industrial capacity and help space and defense manufacturers produce complete programs domestically at scale.