Hadrian Stock Price, Valuation & IPO
Private company — Hadrian is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$81.51 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 27 October 2026
Last round valuation: $7.9B
Source: D, August 2026, post-money
Total raised: $1.8B+
Data last updated: 27 October 2026
About Hadrian
Builds software-defined autonomous factories that manufacture high-precision metal parts for rockets, satellites, aircraft, drones, and submarines. Model: 'factory as a service.'
Hadrian is an American manufacturer of high-precision metal parts for rockets, satellites, aircraft, drones, and submarines. Founded in November 2020 by Chris Power in Los Angeles, headquartered in Torrance. It builds factories where CNC machines and robots operate under its proprietary Opus software, which generates machining programs from customer blueprints and inspects finished parts on its own — so a new technician can be trained in about a month. Hadrian now sells entire production lines and factories built for Pentagon programs and major defense contractors, and Opus is used by the Army and Navy. In August 2026 a $1.37B Series D valued the company at $7.87B — nearly five times its January valuation; total funding raised exceeds $1.8B.
- Sector: Industrials
- Headquarters: Torrance, California, USA
- Founded: 2020
Key highlights
- Munitions and autonomous systems. After the Series D, the company is opening lines for munitions and autonomous systems, hiring Wallis Laughrey from Raytheon and Anduril for the effort. Munitions are procured in large batches over years, and a line like this gives the factory steady utilization.
- New factories for specific programs. In 2026 Hadrian plans up to five more factories, each dedicated to its own defense segment. A factory built around a specific program runs on a multi-year contract, which makes revenue predictable.
- Opus for other companies' factories. The Army and Navy already use Opus, and the company says it will soon name new major contractors. Selling the software without its own machines brings in revenue at a noticeably higher margin.
- Casting and forging. F4 will be one of Hadrian's three naval-focused factories, and one of them will handle casting. Castings and forgings are currently one of the longest lead-time steps in submarine construction, so this move expands the company's share of every order.
- Cells inside contractors' own factories. The Lockheed Martin arrangement, where Hadrian installs its own machines and staff on someone else's site, requires little capital. It can be replicated with other major contractors who lack the capacity for serial rocket production.
- Machines bought on credit. A $360M credit line and a loan from Morgan Stanley let the company buy equipment without issuing new shares. Power explicitly calls debt-financed machine purchases one of the main levers for growing the company's value.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 6 August 2026 | D | $66.94 | $7.9B |
| 9 January 2026 | C-2 | $18.39 | $1.6B |
| 17 July 2025 | C-1 | $10.16 | $764M |
| 21 February 2024 | B-1 | $9.42 | $375M |
| 31 March 2022 | A-4 | $9.41 | $272M |
| 15 April 2021 | Seed-1 | $1.16 | $16M |
Latest news
- CNBC: JPMorgan invested 5 billion dollars in defense startups during the first year of the security program, among them Castelion and Hadrian — 19 October 2026
- Dutch offensive cybersecurity startup Hadrian raised $40 million for international expansion — 6 October 2026
Frequently asked questions
How can I buy Hadrian stock before the IPO?
Not on a public exchange — Hadrian is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the Hadrian stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $81.51 per share as of 27 October 2026. Its most recent round implied a post-money valuation of $7.9B (August 2026).
What is Hadrian's valuation (net worth)?
Hadrian's most recent funding round valued the company at $7.9B post-money (August 2026) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will Hadrian IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is Hadrian publicly traded?
No. Hadrian is a private company and its shares are not listed on any public exchange.
Does Hadrian have a stock symbol?
No. Hadrian has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.