Defense Tech Signals · Capital vs. Contracts Open-source analysis · public data only Data as of Nov 8, 2026 · obligations refresh every other Monday
NatSec100 #15

Hadrian

Recipient: HADRIAN AUTOMATION, INC. · UEI G2G9S5DZJGP7

About $23 raised for every $1 obligated. 100% of it came through prime contracts.

Capital raised
$1.9B
Federal obligations, FY2020–FY2026
$79.4M
Raised per $1 obligated
23.3×
Latest valuation
$7.9B
Series D, Aug 2026

Obligations by fiscal year

$M
0 FY20 0 FY21 0 FY22 0 FY23 0 FY24 0 FY25 79.4 FY26

Prime contracts Other Transactions Subawards

Contract mix

Prime contracts
$79.4M
Other Transactions
$0
Subawards
$0

Notes

Funding
Approximate
Obligations
Navy submarine-industrial-base work likely flows as subcontracts not reported

Cite this: Defense Tech Signals, "Capital vs. Contracts: Hadrian," data as of 2026-11-08, https://data.defensetechsignals.com/c/hadrian/.

Coverage: prime contracts, IDVs and grants (USAspending), direct Other Transactions (FPDS) and subawards received, FY2020–FY2026. Not included: consortium OTs, FY 2027 so far, loans and classified work. Capital raised: Compiled from announcements and press (Oct 2026). Obligations last refreshed 11/5/2026.