Hadrian Raises $260 Million on ‘Factories As a Service’

Chris Power, in an interview, discusses Hadrian, his company focused on reindustrializing the US manufacturing sector. He explains their "factory as a product" model, emphasizing the combination of software and a newly trained American workforce. A recent sizable funding round will be used to expand operations into Arizona, creating thousands of jobs in manufacturing, particularly in high-demand areas like welding and casting, driven by needs within the aerospace, defense, and DoD sectors. Power addresses the strategic importance of this initiative in relation to China's manufacturing dominance, highlighting the need to rebuild American manufacturing capabilities and skilled labor. He also clarifies that Hadrian works with a range of clients, from defense startups to major primes, with the DoD being a more recent addition to their customer base.