Investors continue to rally behind calls to restore the US industry, this time by building a 260 million war chest for automatic manufacturing startup Headman Its factory mark is to make the scale and make more parts of the machine.
The headman aims to modernize US manufacturing, which is taking advantage of modern automation for providing large -scale parts of aerospace and defense companies in some part of the AT. This is a huge change of stagnation: a manufacturing industry that is largely settled by dozens of small machine shops operated by the elderly workforce.
The first target of the headman was high-precision CNC machining, a manufacturing process that makes parts of extremely harsh tolerance-often measured in micron, not mm (anywhere in the same human hair thickness from 50 to 120 microns). “Now, in addition to this basic CNC offer, the company is getting ready to divert in welding, casting, extra and other operations,” said Chris Power, the founder and CEO of Ibn. In a post on X. (He did not immediately respond to the Tech Crunch request to comment on the new era.)
The huge new era will also lead to a new facility in Arizona, called “Factory 3”, which is coming online by Christmas 2025. The factory will offer the second factory’s machining input four times. Hayderin is also expanding its 500,000 square foot headquarters and R&D space in Touris, California, with new funding.
Power said on X, the company will also start offering divisions for certain sections of maritime and weapons.
The headman’s business model is not only selling parts, but also a “factories service” model that will see dedicated facilities for consumers who want to ensure the factory’s commitment.
Addressing a re -emerging summit on Wednesday, the power argued that changing domestic production is nothing short of an existence: “This country is going to fight for generations,” he said. “The hour is too late. Great game is going on … We have a wonderful short window to prepare it, fix it, rebuild the country and return to something that made us very good at first.”
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The new era was led by the founder Fund and Lux Capital, Morgan Stanley provided financial support for expansion of the factory. New investors also participated in ultimate and 1789 capital, and current investors A16z, construction, and 137 ventures. After being established in 2020, the company has now raised about $ 500 million.