Hadrian raises $260M to build out automated factories for space and defense parts

Investors are continuing to rally behind the call to reindustrialize American industry, this time by building out a $260 million war chest for automated manufacturing startup Hadrian to scale its factory footprint and make even more machine parts. Hadrian’s aim is to modernize American manufacturing by leveraging advanced automation to deliver mass-produced parts for aerospace…

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YC-backed Apolink by 19-year-old bags $4.3M to build 24/7 connectivity for LEO satellites

Apolink, a Y Combinator-backed space-tech startup founded by a 19-year-old Indian-origin entrepreneur, has raised $4.3 million in an “oversubscribed” seed round at a $45 million post-money valuation to build a real-time connectivity network for satellites in low Earth orbit (LEO). The startup is tackling a persistent problem in space communications. Satellites frequently go offline during…

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