--- title: 'Capital Markets Associate at Hadrian Automation' canonical: 'https://feeny.ai/job/capital-markets-associate-hadrian-automation-los-angeles-cjc8r5wmzxkp' type: 'job' last_seen: '2026-11-10' --- # Capital Markets Associate at Hadrian Automation - **Company:** [Hadrian Automation](https://feeny.ai/companies/hadrian-automation) - **Location:** Los Angeles, CA - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-11-06 - **Last confirmed live:** 2026-11-10 - **Apply:** https://jobs.ashbyhq.com/hadrian-automation/a898fd76-b2da-4006-a235-164ba9e78f1e ## Job description Hadrian - Manufacturing the Future Hadrian is building autonomous factories to reindustrialize America. By combining AI, advanced software, robotics, and full-stack manufacturing, we help aerospace and defense companies build rockets, satellites, aircraft, ships, and other mission-critical systems up to 10x faster and at significantly lower cost. Following our $1.37B Series D at a $7.87B valuation, Hadrian is rapidly expanding our manufacturing footprint, launching new capabilities across welding, casting, forging, electronics, additive manufacturing, and more, while scaling our Factory-as-a-Service platform to transform how critical products are built. Backed by leading investors including JPMorgan Chase, Valor Equity Partners, Andreessen Horowitz, Founders Fund, 137 Ventures, Lux Capital, T. Rowe Price, and Morgan Stanley, we’re building the future of American manufacturing—and looking for exceptional people to help make it happen. If you’re ready to take on the most challenging and rewarding work of your career while helping create American manufacturing jobs for generations to come, you’re exactly who we’re looking for. The Role: This person is the analytical and execution engine of Hadrian’s capital markets function, partnering directly with the CFO and finance leadership to fund Hadrian’s growth across debt, equity, and alternative financing. They will live in capital structure models and market data, building the work product that drives financing strategy: debt capacity and sources-and-uses analyses, credit and liquidity models, financing comps across HY bonds, term loans, revolvers, and private credit, and the lender and investor materials that support live processes. They will own discrete workstreams end to end (a financing model, a lender presentation, a covenant compliance package, a market update) under the direction of finance leadership, rather than owning transactions in full, working alongside Treasury, FP&A, Accounting, and Legal to keep financing work aligned with the broader business. The role sits at the intersection of finance, strategy, and the defense / advanced-manufacturing market, and scales as Hadrian’s capital needs and financing cadence grow. ## What You’ll Do - Build and maintain fully dynamic capital structure, debt capacity, and liquidity models, including sources and uses, pro forma leverage and coverage, covenant headroom, and financing scenario analysis. - Support execution of debt and equity financings (revolvers, term loans, private credit, equipment and facility financing, government-backed loans, and equity raises) through model maintenance, data-room build-out, lender Q&A, and term-sheet comparison. - Prepare high-quality lender-, investor-, Board-, and Exec-facing materials, including lender presentations, credit memos, and financing recommendations. - Own recurring lender reporting and credit agreement compliance (compliance certificates, borrowing base and covenant calculations, reporting calendars) in partnership with Treasury and Accounting. - Track debt and equity capital markets across A&D, industrials, and defense tech, maintaining a financing comps database (pricing, leverage, covenants, structure) to benchmark Hadrian’s options. - Evaluate financing for large capital projects (new factories, machine capex) including project-level returns, lease vs. buy, equipment financing, and sale-leaseback alternatives. - Partner with FP&A and cross-functional teams to keep financing models aligned with the operating plan, cash forecast, and corporate financial reporting. - Build and maintain reusable analytical infrastructure (model templates, formatting standards, comp libraries) for the team. - Support relationship management with banks, lenders, and investors, and help prepare for potential future rating agency engagement and public-market readiness. ## What We’re Looking For - 3+ years of relative experience in a Capital Markets role - Advanced Excel financial modeling: fully dynamic models built from scratch with lookup / index-match / sumifs discipline, clean formatting conventions, and no hardcodes in formula cells. - Credit fluency: leverage and coverage analysis, debt capacity, cash flow and liquidity forecasting, and the ability to defend assumptions to lenders and leadership. - Command of financing instruments and mechanics (e.g., revolvers vs. term loans, ABLs, HY bonds, converts, private credit, preferred equity, warrants) including pricing, covenants, security packages, and key credit agreement terms. - Clear written and oral communication: credit memos, lender presentations, one-pagers, and board-quality deliverables, with the ability to present materials to leadership and work cross-functionally. - High ownership and curiosity, strong attention to detail, and comfort owning deliverables with minimal oversight in a fast-paced, scrappy environment. What Will Set You Apart - Prior DCM, leveraged finance, restructuring, private credit, or corporate treasury / capital markets experience, ideally covering industrials, defense, or deep tech. - Familiarity with A&D and advanced-manufacturing markets and the players in them. - Exposure to project finance and large-scale capital investment analysis (facility buildouts, infrastructure, capex-heavy programs). - Experience reviewing or negotiating credit agreements, term sheets, and commitment papers with high attention to detail. - Familiarity with government financing programs (e.g., DoD Office of Strategic Capital, DPA Title III, state and local incentives) and how they fit into a capital stack. - Working knowledge of defense contracting and government cost accounting (FAR, CAS, DCAA, contract types) and how they shape cash flow and credit profile. - Intermediate accounting knowledge (debt accounting, leases, equity instruments) and comfort building lightweight tooling/automation (e.g., VBA, Python, SQL) to scale analytical work. - A network across the lender, credit investor, and defense / space / manufacturing investor ecosystem. ## Compensation For this role, the target salary range is $130,000 - $157,000 (actual range may vary based on experience). This is the lowest to highest salary we reasonably and in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors, including, but not limited to, relevant education, qualifications, certifications, experience, skills, geographic location, performance, and business or organizational needs. ## Benefits for Full-time Employees - Medical, dental, vision, and life insurance plans for employees 401k - Relocation support may be provided for certain situations, based on business need. - Flexible vacation policy - Equity ITAR Requirements To conform to U.S. Government export regulations, including the International Traffic in Arms Regulations (ITAR) you must be a U.S. citizen or national, lawful permanent resident, protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here. Use of AI in hiring Hadrian uses AI-assisted tools in our recruiting and hiring processes to help our team work more efficiently. This may include tools that help organize and analyze recruiting data, as well as an AI-powered notetaker that can record and transcribe interviews and help coordinate feedback. These tools support our team and are not used to make hiring decisions. All candidate evaluations and hiring decisions are performed by humans. If an interview will be recorded, you will be notified in advance and may opt out at any time with no impact on your candidacy. Candidate data processed through these tools is subject to the same protections described in our [Privacy Policy](https://www.hadrian.co/privacy-policy). Consideration of Criminal History Hadrian will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of all applicable laws. We do not ask about criminal history on our application, and we do not consider criminal history before making a conditional offer of employment. Hadrian Is An Equal Opportunity Employer Hadrian does not unlawfully discriminate on the basis of race, color, religion, gender, national origin/ethnicity, veteran status, disability status, age, sexual orientation, marital status, mental status, physical disability or any other legally protected status. When necessary, the Company also makes reasonable accommodations for disabled candidates and employees, including for candidates or employees who are disabled by pregnancy, childbirth, or related medical conditions. ## About Hadrian Automation ## Company Overview - **One-liner**: Hadrian builds AI-powered autonomous factories to manufacture precision components for the aerospace and defense industries, aiming to reindustrialize American manufacturing. - **Entity Type**: Private (Series C) - **Headquarters**: Los Angeles, California, USA - **Founded**: 2021 - **Founders**: Chris Power ## Core Business - **Primary Industry**: Defense and Space Manufacturing, Advanced Manufacturing - **Target Customers**: B2B; startups, Tier 1 and Tier 2 suppliers, and major defense contractors across space, shipbuilding, and aviation. - **Mission/Purpose**: To rebuild America’s industrial base with highly automated factories that combine process engineering, AI, and robotics, helping space and defense manufacturers produce at scale in the U.S. and giving American workers the tools to compete globally. ## Products & Services - **Precision Components Manufacturing**: Produces precision parts for aerospace and defense customers, from prototype to production. - **Opus (Factory Autonomy Platform)**: A full-stack, AI-powered platform that interprets legacy designs and automates manufacturing and inspection processes, enabling world-class speed, quality, and utilization. - **Factories-as-a-Service**: Dedicated manufacturing or inspection cells deployed in Hadrian facilities or customer sites, as well as entire product, assembly, and component factories designed and operated by Hadrian. - **Atlas Supply Chain Platform**: A "Supply Chain as a Service" offering that gives customers a single, scalable path from early development through full-rate production, managing end-to-end procurement across a vetted network of suppliers. ## Market Standing - **Valuation/Market Cap**: Not publicly disclosed. - **Key Metric**: Total Funding of **$363.95M** across 8 rounds. - **Revenue**: Annual revenue estimated at **$3.0M** (per LinkedIn). - **Notable Investors**: Lux Capital, Founders Fund, Andreessen Horowitz, T. Rowe Price (led Series C). - **Growth Signals**: - Headcount of **325 employees** (as of recent data), with **+112.9% YoY growth**. - **156 active job postings** (as of mid-2026), with job postings up **+457.1% YoY**. - Opened a new 270,000 sq ft factory in Mesa, AZ (Factory 3), creating 350 new jobs. - Unveiled **Factory Four**, a 2.2 million sq ft facility in Huntsville, AL. - Launched **Hadrian Maritime** to serve naval production. - Acquired **Datum Source** (2024) to strengthen supply chain capabilities. - Added veteran security and defense leaders (Caleb Sima as CSO, Wallis Laughrey as VP of Munitions) in June 2026. ## Competitive Advantages - **Full-Stack Automation**: Their AI-powered "Opus" platform automates the entire manufacturing and inspection process, reducing reliance on skilled labor and increasing speed. - **Speed & Cost**: Claims to deliver parts up to 10x faster and 2x cheaper than the legacy defense industrial base. - **New American Workforce**: Their system trains factory technicians in 30 days or less, solving the skilled labor shortage. - **Flexible Capacity**: Offers a "Factory-as-a-Service" model, providing dedicated facilities or production lines integrated into customer sites, reducing overhead for clients. - **Deep Defense & Space Focus**: A clear, singular focus on the most demanding and high-stakes manufacturing challenges in the U.S., creating a strong moat. ## Strategic Focus - **Scaling Production Capacity**: Rapidly expanding factory footprint (Torrance, Mesa, Huntsville) to meet surging demand from defense and space programs. - **Broadening Capabilities**: Expanding into new domains like naval production (Hadrian Maritime) and munitions. - **Deepening the Tech Stack**: Continuing to invest in Opus and the Atlas platform to drive further automation and efficiency. - **National Security Mission**: Positioning itself as a critical partner in reindustrializing the U.S. defense industrial base. ## Why Work Here - **Mission-Driven**: A clear and compelling mission to rebuild America’s industrial base and enable a free, abundant, spacefaring future. - **High-Growth Environment**: Explosive growth (headcount up 113% YoY) with hundreds of open roles across engineering, manufacturing, and business functions. - **Impactful Work**: Directly contribute to building the factories and software that produce critical components for rockets, satellites, jets, and ships. - **Culture of Solving Hard Problems**: The company explicitly seeks people who "solve hard problems" across software, hardware, and operations. - **Locations**: Major hubs in **Los Angeles, CA**; **Mesa, AZ**; and **Washington D.C.**, with a new massive facility in **Huntsville, AL**. - **Diverse Roles**: Actively hiring for Software Engineers, Manufacturing Engineers, Robotics Engineers, Technicians, and business talent. - **Backing**: Strong financial backing from top-tier VC firms (a16z, Founders Fund, Lux Capital), providing stability and resources. ## Sources 1. [hadrian.co](https://www.hadrian.co/) 2. [hadrian.co/about](https://www.hadrian.co/about) 3. [hadrian.co/careers](https://www.hadrian.co/careers) 4. [linkedin.com/company/hadrianautomation](https://www.linkedin.com/company/hadrianautomation) 5. [cbinsights.com](https://www.cbinsights.com/company/hadrian-1) ## Other roles at Hadrian Automation - [Manufacturing Engineer, Production](https://feeny.ai/job/manufacturing-engineer-production-hadrian-automation-los-angeles-yf056vdrxq9r) — Los Angeles, CA - [Build Engineer](https://feeny.ai/job/build-engineer-hadrian-automation-los-angeles-d5vhyhx852ha) — Los Angeles, CA - [Technical Program Manager](https://feeny.ai/job/technical-program-manager-hadrian-automation-los-angeles-y9ahmscvcs4p) — Los Angeles, CA - [Engineering Manager, Materials Test](https://feeny.ai/job/engineering-manager-materials-test-hadrian-automation-los-angeles-1g74acv8ec7j) — Los Angeles, CA - [Capital Markets Manager](https://feeny.ai/job/capital-markets-manager-hadrian-automation-los-angeles-dd7x3f4hec1h) — Los Angeles, CA - [Training Specialist](https://feeny.ai/job/training-specialist-hadrian-automation-cherokee-ted0m7yq8ec3) — Cherokee, AL - [Senior Manager, Purchasing](https://feeny.ai/job/senior-manager-purchasing-hadrian-automation-los-angeles-fffxhf3egx01) — Los Angeles, CA - [Program Finance Associate](https://feeny.ai/job/program-finance-associate-hadrian-automation-los-angeles-7kzgcx57nn0z) — Los Angeles, CA - [Corporate Finance Associate](https://feeny.ai/job/corporate-finance-associate-hadrian-automation-los-angeles-ftw0g368w6z6) — Los Angeles, CA - [Test Engineer](https://feeny.ai/job/test-engineer-hadrian-automation-los-angeles-5g21q04f737y) — Los Angeles, CA