On August 6, 2026, Hadrian, the advanced manufacturing company building highly automated factories for America, announced $1.37 billion in new equity financing to accelerate the buildout of the domestic manufacturing capacity needed to deliver America's most critical defense, aerospace, and industrial systems. The raise values Hadrian at $7.87 billion. Wilson Sonsini Goodrich & Rosati advised Hadrian on the transaction.

The financing will be co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford. JPMorganChase's Strategic Investment Group joined as anchor co-lead, investing through the firm's Security and Resiliency Initiative. The round also included major participation by 1789 Capital, as well as Morgan Stanley Wealth Management, funds managed by Apollo, accounts advised by T. Rowe Price Associates, Inc., CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter, Construct Capital, and existing investors.

The Wilson Sonsini team that advised Hadrian on the transaction was led by partners Rezwan Pavri and Colin Conklin. The team also included:

Corporate
Jackie Jung
Andrew Lu
Nara Jo
Mary Cruz

For more information, please see Hadrian’s news release.