Hadrian plans to establish a large-scale manufacturing and software hub for the defense manufacturing startup. Called Factory 3 (F3), it will be at The Cubes in Mesa, Arizona. The 270,000-square-foot facility represents a $200 million investment, which will support raw materials to complete mission-critical systems. Expected to be fully operational in early 2026, the facility will create 350 new jobs.
The capital raise includes $260 million in financing led by existing investors, such as the Founders Fund and Lux Capital, and the factory expansion loan facility arranged by Morgan Stanley. This capital will accelerate Hadrian’s ability to deliver not just precision parts but full mission-critical systems.
Greg Matter, Kyle Westfall, Eric Turner, Meredith O’Connor and Ada Wong of JLL represented Hadrian in its Mesa, Arizona lease. Hadrian will locate into Building A at The Cubes Mesa Gateway, a two-building Class A industrial project by CRG Integrated Real Estate Solutions. JLL’s Steve Larsen, Pat Harlan and Jason Moore are the property’s exclusive listing brokers.
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