Complicated Production Startup Hadrian Pronounces Veteran Finance Govt West Owens as Leading Monetary Officer

TORRANCE, Calif., Oct. 29, 2024 /PRNewswire/ — Hadrian, the complex production corporate supercharging the American associate and development factories of the occasion, lately introduced the appointment of West Owens as its Leading Monetary Officer (CFO).

Owens, a veteran finance government with over twenty years’ enjoy, joins from TerraWatt Infrastructure, a charging answers supplier for electrified fleets, the place he served as CFO. Previous to that, he served as CFO and in alternative senior finance and advisory roles at quite a lot of startups, the place he fascinated with enlargement and scaling corporations in addition to fresh era industries. Amongst alternative positions, Owens served as Vice President of Structured Finance at SolarCity, the place he raised over $2 billion in varied capital for the corporate and securitized the primary sun carrier words and loans within the ABS marketplace.

Owens has an MBA from the Tuck Faculty of Industry at Dartmouth and a Bachelor of Arts from the Woodrow Wilson Faculty of Nation and Global Affairs at Princeton.

“We are tremendously excited to welcome West to our executive team and think he is the right person to lead us through our next stages of growth,” mentioned Hadrian’s Founder and CEO Chris Energy. “Our goal is to scale rapidly to service the significant need among U.S. manufacturers to increase the speed, efficiency, and quality of their manufacturing processes, and I believe that with West’s financial guidance, we will be able to grow both the footprint of our own business and the capabilities we can offer our customers.”

“Joining Hadrian at this stage in its development is a tremendous opportunity to support the critical mission to revive the American industrial base,” mentioned Owens. “My career has been focused on ensuring that companies build the financing engine and set up the right long-term capital structure to allow them to reach their full potential, so I could not be more excited to be working with Chris and the team on scaling and financing the next generation of smart factories.”

About Hadrian: Hadrian is the manufacturing facility of the occasion. It is helping the U.S. business and production bottom scale via supercharging the American associate with procedure engineering, AI, System Finding out, and robotics. Hadrian’s venture is to grow to be the U.S. business bottom via development a sequence of extremely automatic precision quality factories to allow range and protection producers to get portions 10x sooner and halve the price of making rockets, satellites, jets, and drones. Via harnessing the unedited in automation era, synthetic perception, and precision engineering, Hadrian scales complex machining to backup shoppers in range, transportation, and protection. Hadrian raised $117 million from top-tier buyers in its Sequence B financing in February 2024.

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SOURCE Hadrian