Defense technology company Hadrian announced on Thursday that it has secured a new funding round of $1.37 billion at a valuation of $7.87 billion, backed by a long list of prominent investors.

The primary investors in this funding round consist of WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford. Other participating investors include 1789 Capital, Morgan Stanley Wealth Management, funds managed by Apollo and T. Rowe Price, along with firms such as CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter, among others.

Around a year ago, Founders Fund and Lux spearheaded the company’s $260 million Series C financing, bringing the total capital raised to nearly $2 billion, as per estimates from PitchBook.

Hadrian stands out in the defense technology sector as it is not focused on developing new AI-driven weaponry. Instead, the firm is establishing automated manufacturing facilities aimed at the mass production of parts for vehicles that the military sector currently relies upon.

For example, in March, Hadrian launched a facility in Alabama dedicated to the mass production of submarine components, marking its fourth facility. Hadrian reported that the establishment of this facility, arranged as a public/private partnership, was valued at $2.4 billion.