Defense-Tech Startup Hadrian Raises $260 Million for New Robot Factory
Southern California-based Hadrian said Thursday it raised $260 million in debt and equity to expand production of critical defense components and complete a 270,000-square-foot factory in Mesa, Ariz., which will be the company's largest. The equity portion of the raise, $110 million, was led by defense-tech funds Founders Fund and Lux Capital. Morgan Stanley provided the loan for the factory expansion.
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3 hours ago
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Forget a Takeover From Autodesk, PTC Is a Great Stock to Buy Anyway. Here's Why.
Key Points A deal between Autodesk and PTC would have made good strategic sense. The industrial software space is rapidly consolidating as the creation of digital threads and loops using data generated by software increases. PTC's solutions lie at the heart of the adoption of digital technology in manufacturing. 10 stocks we like better than PTC › PTC (NASDAQ: PTC) investors were treated to a flurry of excitement in July as, according to reports, its larger peer Autodesk (NASDAQ: ADSK) took a serious look at acquiring the company only to appear to back off any such large undertakings by issuing a regulatory filing stating it was "allocating capital to organic investment, targeted and tuck-in acquisitions." Is the fun over, or are there more surprises to come? PTC doesn't need Autodesk The market had no doubt about its opinion on the speculation. Autodesk shares tumbled on the day Bloomberg discussed the potential bid, while PTC stock naturally soared. 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The Motley Fool recommends Dassault Systèmes Se. The Motley Fool has a disclosure policy. Forget a Takeover From Autodesk, PTC Is a Great Stock to Buy Anyway. Here's Why. was originally published by The Motley Fool
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4 hours ago
- Bloomberg
Australia Signs Defense Pact With UK
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Yahoo
5 hours ago
- Yahoo
An Amazon seller who earns seven figures is starting to make her product in the US due to tariffs. It'll cost more, but it's worth it after 'many sleepless nights.'
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