Hadrian, a Torrance, CA-based advanced manufacturing company, acquired Datum Source, a Newport Beach, California-based provider of a procurement management Software-as-a-Service (SaaS) platform and manufacturing network.
The amount of the deal was not disclosed.
Founded by Rob Pakalski, Thomas Cobbs, and Ryan Nagle, three SpaceX supply chain experts, Datum is a venture-backed startup dedicated to automating, simplifying, and improving supply chain operations for advanced hardware startups. Over the past years, it has collaborated with hardware innovators, offering two key product solutions: part-sourcing services and procure-to-pay software, which streamline supply chain processes, enhancing efficiency and reliability for their clients. Datum’s software is utilized by various hardware companies, including Apex, Saronic, Muon Space, Impulse Space, Radiant Nuclear, H3X Technologies, Source Energy, and Reliable Robotics, for their internal procurement operations.
Led by Founder and CEO Chris Power, Hadrian helps the U.S. industrial and manufacturing base scale by improving the American worker with process engineering, AI, Machine Learning, and robotics. It aims to transform the U.S. industrial base by building a series of highly automated precision component factories to enable space and defense manufacturers to get parts faster and halve the cost of making rockets, satellites, jets, and drones. Hadrian scales advanced machining to support customers in space, transportation, and defense.
The acquisition closed on July 8.
FinSMEs
15/08/204