Hadrian valued at nearly $8 billion after fresh funding as money pours into defense tech
Defense tech startup Hadrian raises $1.37 billion in a Series D round, pushing its valuation to nearly $8 billion amid surging demand.
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Defense tech startup Hadrian raises $1.37 billion in a Series D round, pushing its valuation to nearly $8 billion amid surging demand.
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Investors betting on defense technology during the escalation of war in Iran have faced severe losses despite record backlogs for contractors.
Defense tech firm Anduril is reportedly pursuing a new funding round that would value the company at $100 billion.
The US Department of Defense is increasingly procuring weaponry from startups, though legacy defense giants maintain a dominant grip on contracts.
European defense AI startup Helsing has secured $1.8 billion in funding, reaching a corporate valuation of $18 billion.