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Hadrian raises funding at $8B valuation to expand defense tech factories and software.

Market News
06 Aug 2026
CNBC
View Source
Bullish
pluang ai news

Hadrian, a defense tech manufacturing startup, closed a funding round valuing the company at nearly $8 billion, more than four times its January valuation. Led by Baillie Gifford and J.P. Morgan, the funds will be used to scale its workforce and enhance its Opus software platform, which is already used by the U.S. Army and Navy. This growth aligns with increased U.S. defense spending and efforts to boost domestic military manufacturing amid rising geopolitical tensions. Hadrian aims to address production challenges in submarines, munitions, and drones, positioning itself as a key player in the defense industrial base.

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CarMax improves customer call experience with Sierra's AI voice agents for faster, smoother service.

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JPMorgan ETFs (Ireland) ICAV announces dividend payments for multiple ETFs starting August 13, 2026.

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