
Chris Power, the founder of Hadrian, has raised $180 million to accelerate the production of metal parts at his high-tech factory in California. The factory aims to manufacture parts for rockets and fighter jets ten times faster than traditional methods. Power plans to expand by building a network of similar factories across the United States, enhancing production capabilities to make parts more efficiently and cost-effectively. Hadrian's approach involves using proprietary software to optimize its manufacturing processes, setting it apart from other startups that focus on improving existing factory technologies. Power is already considering Texas as a potential location for the next factory. An analogy likens Hadrian's technology to putting Tesla autopilot on an F1 car, allowing operation with minimal training.
WATCH: This Next Billion-Dollar Startup Wants To Save American Manufacturing https://t.co/M3K8nRzkWy
Chris Power’s vision is somewhat different from other startups building tech to make other companies’ factories more efficient: He’s developed proprietary software to run Hadrian’s own factory. https://t.co/yr1TFhlGKM #BillionDollarStartups
Definitely a series A crunch but we need to remember from 2020-2021 SO many startups raised seed funding and only so many can raise an A Huge top of funnel problem, hence why so many startups are shutting down sadly. https://t.co/CGySSjTw7L