Sources: Hadrian, which is building AI-powered factories to produce space and defense parts, is in talks to raise ~$1B at a ~$7.5B post-money valuation (Bloomberg)
THE SO WHAT
A rumored ~$1 billion round at a ~$7.5 billion valuation for Hadrian’s AI-powered defense factories shows capital is willing to pay software multiples for hard industrial capacity when it’s tied to space and defense. If you build in critical supply chains, expect investors to ask how much of your throughput is software-levered and defense-adjacent.
READ THE SOURCE
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