This Next Billion-Dollar Startup Wants To Save American Manufacturing

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Forbes

Forbes

Күн бұрын

Hadrian founder and CEO Chris Power has raised $180 million to manufacture metal parts at warp speeds at his California factory. Now he wants to build dozens more across the country to make more parts better, faster and cheaper.
Power’s vision is somewhat different from other startups building tech to make other companies’ warehouses more efficient: He’s developed proprietary software to run Hadrian’s own factory, which allows it to churn out all types of precision metal parts for aerospace, space and defense companies faster, more efficiently and with fewer people.
Now he wants to build out a network of cookie-cutter, high-tech machine shops across the country to shake up a giant and fragmented industry. That’s a difficult and capital-intensive project, but one that Power argues is crucial for America’s industrial base. Investors, including Andreessen Horowitz, Founders Fund and Lux Capital, have bet $180 million on it, and the company is now worth roughly $500 million.
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Пікірлер: 792
@tylerblaylockk
@tylerblaylockk 25 күн бұрын
12 minute video and I have 0 idea what they're actually trying to do. And I've been working in manufacturing and studying manufacturing for 5 years now.
@charlespolanco7427
@charlespolanco7427 25 күн бұрын
Love it. I started to think I was the only one. Said a lot but nothing at all. What an amazing product! LOL
@lolppl100
@lolppl100 25 күн бұрын
It seems to me like they are a CNC shop. And I don't understand why that is world changing
@charlespolanco7427
@charlespolanco7427 25 күн бұрын
@@lolppl100 Agree. One of those "billion dollar" ideas that go to zero.
@michaelszabelski6142
@michaelszabelski6142 25 күн бұрын
Another commenter hit it. It’s not WHAT he’s making. It’s Who he’s selling to. DOD AeroSpace. We have “ Buy American” laws on the books. When you build something for the Government, you must use American sourced materials, components and products useless you can prove you can’t get it here. It’s in the contract. Many companies here have skirted these laws as they outsourced to India Pakistan Taiwan etc
@suntzu-hi6hz
@suntzu-hi6hz 25 күн бұрын
At 5:00 mark he is trying to tell you "The new age of American manufacturing" is going to be machinery/A.I less human intervention. you welcome.
@samkochevar983
@samkochevar983 26 күн бұрын
Manufacturing engineer here. I agree that we need a focus on American manufacturing. I disagree that the current state is as unusable as these tech bros are portraying it. They’re pitching it that way to make themselves seem like a good investment. Automation has its place, and is definitely going to play a part in covering labor shortages. But if you automate an inefficient process, it becomes an automatically inefficient process. The biggest challenge for these guys will be making things at any meaningful scale. Figure out how to do it efficiently with people first, or even simulation, and then automate
@CommunityTrashPicker
@CommunityTrashPicker 26 күн бұрын
He definitely is trying to cash in the USA made by dissing CCP. I don’t like CCP to but that shouldn’t be his primary goal to improve American manufacturing. He just seems opportunistic. Typical Aussie
@talbraunstein4586
@talbraunstein4586 25 күн бұрын
this is a great comment
@P.E.O.ll-RhodesScholarGraduate
@P.E.O.ll-RhodesScholarGraduate 25 күн бұрын
@samkochevar983 Did you work for me at IBM in the 70's & 80's? Simulations, efficiency, and automation CANNOT be used to avoid frivolous lawsuits. Automation of tech is only used to avoid major injury or death.
@evelynricahrds2461
@evelynricahrds2461 25 күн бұрын
So they are focusing on defense, which gets it's money from the government, which gets it's money from citizens, who are buying nearly everything including food from foreign countries. So how long before we don't have any money to spend on defense? Their strategy is not solving the problems they claim they are and the investor they interviewed didn't apply any critical thinking.
@overman2306
@overman2306 25 күн бұрын
If you want people to take you serious don't use the term 'tech bros'. It outs you as some sort of resentful left winger.
@andrewwallace9264
@andrewwallace9264 25 күн бұрын
$3M in revenue is absolutely nothing...and their projected 10X of $30M is still less than most small/mid size machining companies. It all comes down to how scalable it is, and if they can produce parts for less than the cost of outsourcing to LCC's. If not, you're just taking work from a bunch of smaller shops in the US and aggregating it into one shop still in the US, while all of the currently outsourced parts continue to be outsourced. Wish them the best, but a long way from a "billion-dollar startup".
@Redsand481
@Redsand481 24 күн бұрын
$3m in revenue with $30m in new equipment and $10m in structure ...that's why they are on a media tour, they need more investors.
@__________5737
@__________5737 26 күн бұрын
Where is the exposition on what they are exactly doing? Do better journalism please
@PeterRukwaro
@PeterRukwaro 25 күн бұрын
This are AI. They are not humans(just listen to them and identify what's common with there Tone
@Redsand481
@Redsand481 24 күн бұрын
It's a sales pitch for investors.
@nolongerblocked6210
@nolongerblocked6210 23 күн бұрын
This was specifically generic sounding bcuz they're just looking for rich boomers with excess cash for investment. Literally everything they're talking about is already being done in cnc programming/machining & has been for decades. This was a lazy fluff piece to lure investment, nothing more
@HexaSquirrel
@HexaSquirrel 26 күн бұрын
So it's a CNC shop with some automation? It's been done before and is nothing new
@John-yo4cz
@John-yo4cz 26 күн бұрын
Yep I work at a machine shop that looks just like this except a little less clean. Except it's staffed by experienced machinists not soft handed hipsters from LA. We've been here a while. This isn't rebuilding manufacturing, that's just marketing
@jamesvanderbilt6200
@jamesvanderbilt6200 26 күн бұрын
proprietary software is where the big money is
@JuanHernandez-dj9zo
@JuanHernandez-dj9zo 26 күн бұрын
Hopefully it’s not another Weworks venture.
@HackingTheMish
@HackingTheMish 26 күн бұрын
​@@John-yo4czprobably give it five years and then it'll look as dirty as any other machine shop lol
@X197ToPlay
@X197ToPlay 25 күн бұрын
i mean all i see Amaricans do best is talking 13min how great somthing is, and not showing a single frame on what they talk about ^^ Im 27 having my own machines and robots and even producing parts :D and not sponsorred whit millions.
@leyjit3561
@leyjit3561 25 күн бұрын
A whole company talking like teenagers. The amount of upspeak is ridiculous.
@thompsign
@thompsign 23 күн бұрын
I wanted to disagree with this but I cant unhear it now😂 almost every sentence ends with it, I didn't know it was called upspeak😅
@nolongerblocked6210
@nolongerblocked6210 23 күн бұрын
The amount of generic tech bro terms in this video is absurd, they must've had a list handy for crosschecking if they'd used them all
@regolith1350
@regolith1350 23 күн бұрын
I'll take upspeak over vocal fry any day.
@rolisreefranch
@rolisreefranch 23 күн бұрын
And 3rd world budget rate engineers.
@moggadah
@moggadah 22 күн бұрын
I've been working as a software dev since the late 90s. My first impression of the industry was that it was a combination of capitalism and boys room mentality. Everyone just wants to make money, work with cool tech and no one really cares about the consequences. Moral is seen as a hindrance. My impression still holds to this day. Still not really any adults in the room to think about consequences. It's like Elon having all these kids and then realizing that some of them turn out gay and then go denouncing his kids for not turning out how they would have if he'd been present in their lives. We can't just choose fun, fast, lucrative and expect everything else to be somebody else's problem and that somebody else actually will solve it for us.
@CEMBerthoud
@CEMBerthoud 25 күн бұрын
Tech bros discover manufacturing.
@Euphorica
@Euphorica 22 күн бұрын
Lmao nailed it
@RicardoMedina-zu1qe
@RicardoMedina-zu1qe 19 күн бұрын
I get in to the comments to understand what is the message in the video
@fakenewselon7759
@fakenewselon7759 5 күн бұрын
Foosball table and ping pong table will revolutionize lunch breaks
@Ikbeneengeit
@Ikbeneengeit 4 күн бұрын
Not enough AI for my liking, needs more blockchain synergies.
@SeanTalkoff
@SeanTalkoff 24 күн бұрын
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
@mikey43221
@mikey43221 24 күн бұрын
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass wealth amid economy crisis, and even pull it off easily in favorable conditions. That should be the least of your concern. Also explore the option of working with a CFA to reduce greatly your chances of loss.
@tmer831
@tmer831 24 күн бұрын
You're right, I and a few Neighbors in Bel Air Area work with an Investment Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. As a result, my portfolio has recorded significant improvement even during the most unfavorable market season.
@DavidCovington-st2id
@DavidCovington-st2id 24 күн бұрын
I'm intrigued by this. I've searched for investment advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
@tmer831
@tmer831 24 күн бұрын
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
@DavidCovington-st2id
@DavidCovington-st2id 24 күн бұрын
Thanks, i did a quick web search and i found Sharon, i hope she responds to my mail.
@ciscohernandez4384
@ciscohernandez4384 22 күн бұрын
Licensed Mechanical Engineer here, been also running my own CNC shop for better part of a decade so I know the space. I ask this with no hate at all, how will you change the industry? Companies that have big capital all invest in automation, I do that to some extent and I'm a small shop. But are you a job shop, a production shop, a fab shop? How will you disrupt that space? Investing in pretty machines and automating is nothing new. Also, training a rookie in 30 days will only get you so far even with automation. For those of us that are in the industry and truly understand it, I would love to learn more on how this company will do more than companies like Xometry, Titans, or private company's like the Hamilton Company in Nevada. Genuinely interested in this
@herjitpannu2282
@herjitpannu2282 24 күн бұрын
This is Forbes, the same guys thay promoted SBF, Elizabeth Holmes, et al. Take it with a grain of salt.
@scott76421
@scott76421 25 күн бұрын
Every machinist instantly knows these guys are clueless. No one likes working there and they think what we do is simple. They don't know what they don't know.
@Steelcrafted
@Steelcrafted 24 күн бұрын
I think there's a difference between what they're doing, and what you and I would consider being a machinist. The shop I work in I do a lot of modifications to existing parts. I think that's where being a machinist shines, versus making lots of high precision parts from scratch. You and I both know that the first article takes the longest. Getting set up, tool selection, holder selection, workholding, programming the part, and then proving it all out. After that, sure let a robot take over. I personally hate standing in front of a machine and feeding it parts all day....
@Trulyspec
@Trulyspec 18 күн бұрын
This is the most annoying thing happening at my current shop. They think things can always be done by the book but there’s a finesse to everything. The older manual machinist can still crank parts out faster
@bens5597
@bens5597 24 күн бұрын
This is reminds me a pump and dump, start up one factory go public, people buy your shares somebody leaks it is all smoke and mirrors and it comes crashing.
@pcnetworx1
@pcnetworx1 22 күн бұрын
Pumpity dumpity doo doo here indeed
@AdamBechtol
@AdamBechtol 20 күн бұрын
ya
@Uncle-G
@Uncle-G 25 күн бұрын
This impresses anyone who doesn’t know any better
@YSJCA
@YSJCA 23 күн бұрын
You know its a scam when its just a bunch of bros just talking about random background and how they have a vision. The industry is pretty automated. There wasnt a single example in this video of what they're doing different
@waynethorpe1341
@waynethorpe1341 21 күн бұрын
Not to mention
@Joshua-dq4kr
@Joshua-dq4kr Күн бұрын
Well they never talk about what they are actually doing,,, just talking they are efficient and bs
@Nickcoterie
@Nickcoterie 23 күн бұрын
Hope Forbes isn’t promoting another scam
@JTMarlin8
@JTMarlin8 25 күн бұрын
Their revenue numbers are woeful given how much staff and equipment they have. $30 million is in the red. $3 million might as well be rounded down to zero given their burn rate.
@RobinHood24-nj5om
@RobinHood24-nj5om 25 күн бұрын
The ''Hadrian story'' continues to be light on technical details and comes across as more of a pitch to investors than a substantive look at their manufacturing innovations. To really showcase how they are "rebuilding American manufacturing", they should create a follow-up video that dives deep into the specifics of their automation technologies, software, and processes. For example: What makes their automation solutions unique compared to what other advanced manufacturing facilities are already doing? How are they integrating software, AI and robotics in novel ways? What specific manufacturing challenges are they solving that enables them to be cost-competitive with overseas production? Seeing their automation tools and software in action on the factory floor, with technical explanations from their engineers, would be far more compelling than the high-level overview provided here. Also I question the efficiency figures mentioned in this video. regardless, manufacturing professionals and engineers want to see the nuts and bolts, not just aspirational statements. A video that really showcases the technical innovations happening at Hadrian would generate a lot more excitement and engagement from the industry. Looking forward to seeing that next level of detail in a future video.
@564df6g5h4d6f5g4h6d5
@564df6g5h4d6f5g4h6d5 24 күн бұрын
Another take the money and run.
@CTOInformation
@CTOInformation 26 күн бұрын
An Australian, playing the nationalism anti-China card in the US. LOL
@longiusaescius2537
@longiusaescius2537 26 күн бұрын
@CTOInformation you aussie?
@bArda26
@bArda26 26 күн бұрын
the company's name is Hadrian...
@willislee239
@willislee239 25 күн бұрын
kzbin.info/www/bejne/rKDGpqhmh6esg68si=7OGzsUJuWN5Di6zY&t=639, Kuka robot arm is owned by a Chinese company since 2016, LOL
@unknown2723
@unknown2723 25 күн бұрын
Moved everything to china for cheap Labors, but do we need labors anymore?
@aur4466
@aur4466 25 күн бұрын
Its all about ancestry
@boomerbobable
@boomerbobable 25 күн бұрын
The point about the fall of an industrialized country isn't because they don't have enough robots making high end products for other robots to install. it is because there is no longer a viable platform for people who are not pushing 1s and 0s around all day to make enough to support a family and grow more prosperous. A modern car factory uses less people and the cost of labor in the car is significantly less by proportion of cost than 40 years ago. When you carve out the pathway from lower economic classes to middle class and above, then you have 2 countries - those who have and buy stuff from China and those who don't. This is not just a US problem, but a problem everywhere.
@krunkle5136
@krunkle5136 20 күн бұрын
Nailed it. They're completely forgetting the social and cultural element of industry. But of course these types only think about what can make more money period. Tbf this is a trade policy scale thing, where importing cheap goods from abroad and outsourcing should be illegal
@Fraet
@Fraet 4 күн бұрын
@@krunkle5136 Importing cheap goods from abroad should be illegal? You want to shut the US off from world trade?
@anuraagt
@anuraagt 26 күн бұрын
Hmm... Strange that they can't explain what they do simply. It's all very abstract, and I can't see a use-case. Curious to see how things pan out.
@adampgrm
@adampgrm 26 күн бұрын
They're a machine shop. That's basically it. Slap "tech" and "national security" on it and you're suddenly a billionaire.
@robotekusa
@robotekusa 26 күн бұрын
Its a ploy to collect all these old salt machinist Intellectual property and put it into a CAM/CAD program then sell the program
@Mreyna310
@Mreyna310 26 күн бұрын
That is what I was concerned with. From what I understand, they are trying to learn how to automate processes. Understand how to efficiently manufacture something, digitize it for the automations, and the build out the automations. I have no knowledge of how this type of stuff works so it was just a guess. It seems valuable given the skilled labor shortage we will have.
@seanhepner7813
@seanhepner7813 26 күн бұрын
I’m a manufacturing engineer myself, and I agree about a lack of depth. I was excited to watch this to understand how others might be using robotics and software to solve the classic problem of robots not being adaptable to work through certain situations, and was left thinking they hadn’t figured it out either. 😅
@mikewellington2738
@mikewellington2738 26 күн бұрын
@@seanhepner7813 same here. I guess they probably also can’t show a lot of their work? Wish I could’ve seen more.
@dfinma
@dfinma 23 күн бұрын
I've been in manufacturing for almost 40 years and I didn't hear anything meaningful in the video except buzzwords. The upspeak is superannoying.
@fofoqueiro5524
@fofoqueiro5524 3 күн бұрын
This video highlights a real challenge in U.S. manufacturing: a group of well-paid managers speaking while the broader audience remains clueless about what they’re actually producing.
@Matt9Five5
@Matt9Five5 24 күн бұрын
Retail investor propaganda.
@vetire4294
@vetire4294 9 күн бұрын
its not public and won't be for some time
@azwileetoyote
@azwileetoyote 25 күн бұрын
My degree is in Automated Mfg Technology and spent my nearly 40yr career (retired 2 years ago) building robotic assembly lines in the automotive and semiconductor industries either as a Mfg., Eqpt. or Mech. Engineer so its encouraging to see this startup company coming in with that vision at the start rather than an older company trying to automate as that just lowers the morale of the existing machinist and operators. 40 years ago, I was always viewed as that young engineer looking to replace their jobs with robots... its true but those jobs were just replaced with technicians and engineers who had to repair or maintain all of the equipment or continue to upgrade or design new systems so I always saw it as a net gain for the US, not a setback.
@Cmccall89
@Cmccall89 25 күн бұрын
So they have hundred eighty million dollars capex, only make 3 million a year in revenues (or profits, watched the video last night, either way it is insignificant compared to op costs), and claim they have invented an miracle ERP without elaborating any detail. To me, this looks like a commercial disguised as some "magic" tech disruptor.
@thomastorretto2772
@thomastorretto2772 23 күн бұрын
If they were serious about manufacturing, they wouldn’t be doing it in California. The least manufacturing friendly state in the nation.
@chrishenry5945
@chrishenry5945 22 күн бұрын
I came here to make the same comment.
@sahajdeep_sandhu
@sahajdeep_sandhu 20 күн бұрын
nah california has a lot of incentives though i don't agree with you
@marcv2648
@marcv2648 19 күн бұрын
Well they do have foosball table on the shop floor. #Priorities
@M2KKA
@M2KKA 24 күн бұрын
Cnc's cant even set there own parameters let alone change inserts, first offs, set ups ect. We need less "Tech bro salespeople" and more Machinist!
@scubaseppy
@scubaseppy 19 күн бұрын
I've been in US manufacturing since '97 and competed with outsourcing my entire career and I could never imagine doing anything else.
@michaelrigoli
@michaelrigoli 26 күн бұрын
Great job! Rebuilding manufacturing in America! Thank you for taking on this challenge and wishing you all the best!!
@TheOtherKine
@TheOtherKine 26 күн бұрын
Where do you chuck the WASTE PRODUCTS????
@olliebrown89
@olliebrown89 25 күн бұрын
Titan fixed American manufacturing ages ago. BOOOM
@wayne5447
@wayne5447 23 күн бұрын
I would love to see Titan visit their "shop"! They wouldn't know what hit them!
@cheeriomartinez
@cheeriomartinez 25 күн бұрын
Aw man I almost worked there as a cnc programmer. That’s so cool, I wish them nothing but the best.
@taylorcurtis6187
@taylorcurtis6187 22 күн бұрын
It’s just a machine shop with some automation. Am I missing something? I run a small batch high mix aerospace machine shop as a manufacturing engineer. Literally everyone is working on automation I don’t understand what their pitch is. What actually makes this special besides investment.
@kundeleczek1
@kundeleczek1 22 күн бұрын
That enigmatic software.
@marcv2648
@marcv2648 19 күн бұрын
I think they are just trying to get money from people who know nothing about manufacturing.
@hdtlab
@hdtlab 24 күн бұрын
Lemme recap real quick: this is just another metal machining factory paying to appear on Forbes for marketing purposes. The whole video is non-sense.
@ValenceFlux
@ValenceFlux 24 күн бұрын
Thumbs up to whoever put the googley eyes on the lifting shifter turn sway apparatus.
@pudanielson1
@pudanielson1 24 күн бұрын
These Tech Bros are so arrogant have they ever worked in a CNC or Machine shop?>
@johnsullivan8673
@johnsullivan8673 26 күн бұрын
Lol. This won’t do anything for US manufacturing
@avandurion
@avandurion 25 күн бұрын
@10:20 "usually machines run 20% of time". Lol
@designrama68
@designrama68 26 күн бұрын
Two things. 1. Automation feeds 80% fewer families compared to the early manufacturing era in the past, and more way profit for the owners. 2. This business model is only substantable because it serves the industrial military complex that has a budget of $2 trillion annually.
@anthonypan205
@anthonypan205 26 күн бұрын
well, American workers are just too expensive. You can't buy all your goods for cheap from China and act surprised when manufacturing is shifted overseas
@brodcaster14
@brodcaster14 26 күн бұрын
You do realize most of that $2 trillion is spent in paying employees, healthcare for them and their families, pensions, and subsidizing everything from housing to groceries. Automation is the only way to make manufacturing sustainable in the current economic market. But to power automation significant new fields have opened up within engineering.
@Shazi7083
@Shazi7083 26 күн бұрын
The only way for the US to rival China is through automation, as China has a lower-cost labor force.
@designrama68
@designrama68 26 күн бұрын
​@brodcaster14 $2 trillion is going back to our economy, but most of it goes to the owners and investors. What he say about bring back manufacturing will save us from declining is incorrect. Golden era of manufacturing created middle class because people had income and paid taxes. Let's say in the 50s, for a manufacturer to make $1 mil, it has to have 1k workers. With automation today, it just needs 100 workers. Same profit, 900 workers' salary go to owners and investors, and they pay little or no tax. Rich poor gap widens exponentially. We have to start taxing corporations use AI and automation and distribute the wealth. Or people going to revolt.
@epinephrinsr71
@epinephrinsr71 26 күн бұрын
How many fewer American families does Chinese industry and automation feed?
@georgekeller6341
@georgekeller6341 25 күн бұрын
Ok, after watching this for 13 minutes, I still don’t understand what the hype is about. Other than the 80% equipment engagement, which is mostly about marketing efficiency, I see nothing extraordinary here.
@1008chaz
@1008chaz 24 күн бұрын
They seem to put alot of hype into software they spend 0 time explaining
@MrHacross
@MrHacross 23 күн бұрын
Exactly what the USA and Democracy have needed for a while. Kudos!
@lc1668
@lc1668 24 күн бұрын
When I see American flags everywhere in a factory I smell fishy.
@crytek325
@crytek325 22 күн бұрын
Nice to see America getting up to speed with good old reliable german technology.
@LastNameTom
@LastNameTom 22 күн бұрын
When we say American Manufacturing, we mean hiring Americans. NOT buying robots from China to be used in the US.
@timothysands5537
@timothysands5537 20 күн бұрын
Props to all involved. I cannot fathom the immense amount of planning that goes into this or how such a flexible manufacturing system was engineered to accommodate the massive variety of machining procedures, materials, cutters, workflow planning, etc at Hadrian. I went to school for CNC and manual machining practices, worked for a few years, went back for engineering college, and am about to graduate as a mechanical engineer this December. This kind of job excites me. So many opportunities for optimization, standardization, creativity, and learning.
@sloth6765
@sloth6765 25 күн бұрын
He didn't think to button the 2nd button on the shirt? The top button we can all agree on, but the 2nd? That's a judgement call. - Seinfeld.
@retiefjoubert55
@retiefjoubert55 21 күн бұрын
Many people in the actual manufacturing industry is asking "so what's new here..." They are not re-inventing the basics of modern manufacturing, i.e. CNC machines, CAD/CAM software, industrail robots.. all these pieces works well enough. So guess their "system" works at streamlining the workflow AND standardization of workflow vs the typical hassles of running a job-shop. There improvements can be made, BUT my feeling is they are trying to cut costs by eliminating expensive labour in terms of qualified CNC operators and programmers via "automation" or training unskilled/unqualified people to run Fusion360. Since cost of labour is the biggest global competitive cost driver. TLDR tech bro's taking skilled labour out of manufacturing, drastically cutting costs. Win for investors, sucks to be you, skilled worker.
@yuripravdin4567
@yuripravdin4567 20 күн бұрын
I am a tech bro working in manufacturing. And i can say with confidence, this guy is on to absolutely nothing. He has said nothing about his product. “Automation” and “robotics” are words these people use to collect capital from investors and the government that know nothing about the factory floor. And this forbes video is another PR money grab to get more investors involved. Smelling like a Theranos and Nikola? My best guess is that this is some variation of a MES platform. But these systems are already around and being actively used in manufacturing. Edit: I am going to look into if i can short this company 😉
@woodyrx3
@woodyrx3 25 күн бұрын
Mates Australian but goes to America with it as he knows nothing left to save in Australian manufacturing 😂
@KeithStrang
@KeithStrang 23 күн бұрын
Investor sales pitch? Protolabs has been doing this for at least a decade.
@andrewallen9993
@andrewallen9993 25 күн бұрын
Good to see these chaps using Chinese KUKA robots.
@andreas4494
@andreas4494 23 күн бұрын
Kuka was originaly german but intelligent people selld it
@kundeleczek1
@kundeleczek1 22 күн бұрын
And Korean machine tools.
@biankabrodeur01
@biankabrodeur01 20 күн бұрын
I'm convinced that investing 50k-100k in the right company before it goes big is more important than saving for retirement. However, picking the right company is so hard. I have around 200k in a HYSA and want to invest it. What are the best opportunities now?
@Emily-le2op
@Emily-le2op 20 күн бұрын
I believe investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
@fibra-ox1tj
@fibra-ox1tj 26 күн бұрын
Americans should stop massive outsourcing of manufacturing as well as of human capital otherwise consequences will unfortunately be irrevocable.
@mikew3000
@mikew3000 26 күн бұрын
Americans don’t want to spend the extra money required to manufacture in the US
@Azmuhhhhh
@Azmuhhhhh 26 күн бұрын
@@mikew3000instead of buying one nice shirt made in the USA, the average American wants buy 10+ crappy shirts from Walmart, made in China. Most Americans are not ready to do what is necessary to actually buy American, as their consumerism will be at odds. The government should start weening off China by incentivizing companies to start pulling manufacturing to other countries other than China. China doesn’t have to make literally everything…
@checolate9680
@checolate9680 26 күн бұрын
Did you watch the video Americans are not going build anything. Software and machines.
@longiusaescius2537
@longiusaescius2537 26 күн бұрын
@mikew3000 companies and government
@MubashirAli-s8v
@MubashirAli-s8v 26 күн бұрын
thats ture
@perer005
@perer005 21 күн бұрын
When people talk about manufacturing returning they are talking about decently paying jobs for low skilled workers returning. Creating an automatic factory won't return jobs...
@inzhener2007
@inzhener2007 19 күн бұрын
There has been so many hypes over the past 3 decades, ... We need the truthful ideas, honest understanding and conversion
@maxverdi4007
@maxverdi4007 24 күн бұрын
So what’s the difference between Hadrian and every single other aerospace parts manufacturer?
@dans3727
@dans3727 25 күн бұрын
CNC machine shop with some robots added? What is new? What about this makes it investibLe or groundbreaking? I dont get it.
@jamiemacdonald436
@jamiemacdonald436 2 күн бұрын
2:45 you had me a googly eyes on the machine. I'm sold.
@ismailnyeyusof3520
@ismailnyeyusof3520 20 күн бұрын
I’m a retired industrial chemist and I thought I found something revolutionary here as it spoke to the need for industrial processes to be better designed and yet flexible through the use of high level control technology. Yet, though I watched the entire video twice from start to finish I completely failed to understand what it was that Hadrian actually does. I hope it’s not all a scam to exploit companies that are desperately looking for the secret sauce to higher productivity and quality with lower costs.
@wowJhil
@wowJhil 20 күн бұрын
Main challenge usually, I don't know US in particular, is that you are not just having the very big companies with the money to invest in automation and IT to support efficient production. You have even more smaller companies with often quite lackluster IT support systems, which makes it hard even telling how efficient you are or not. IoT supporting real time planning and pulling system from order down to each component, that is usually what they would need. And those solutions exist... but often not from the big players on the field, at least not for the small companies to use.
@Redsand481
@Redsand481 24 күн бұрын
Let me fix your headline "Techbros seek funding in ill conceived attempt to monopolize American manufacturing". Competing with China is not feasible at scale, they subsidize materials and labor when the party decides to target a market. The deals that the late Henry Kissenger brokered with Clinton and W. Bush are unsustainable and have benefited China and the very wealthy at the cost of American workers. This guy is calling out legitimate problems, but he would be best creating solutions for existing manufacturers while staying out of manufacturing themselves.
@anthonycollin6535
@anthonycollin6535 26 күн бұрын
The first 60 seconds are 100% true!!! Coming home to roost!
@Xergecuz
@Xergecuz 23 күн бұрын
Another Forbes infomercial, how long until these guys that talk and talk without saying anything end up in jail, I say 3 years.
@Ecker1908
@Ecker1908 24 күн бұрын
Fascinating how VCS can pump that much money into something in that infancy...normal investors would consider super risky or shy away
@Ecker1908
@Ecker1908 24 күн бұрын
Chris Power almust have deep understanding of the supply chain and opportunity to have convinced the VC to invest $180m
@Thewaldo12345
@Thewaldo12345 20 күн бұрын
This reminds me of the series about We Work. Pumping up a company, trying to over evaluate. It’s nothing that hasn’t been done before. With as many machines they have on that floor, everyone would have pulled out if they only made $3M. That size shop should be making at least $15M.
@tednicholas4719
@tednicholas4719 21 күн бұрын
I hope Chris still thinks of home, Australia needs this kind of shift back into manufacturing just as much as any country. I'd definitely be the one of the first knocking to get a job!!
@SpencerEsther-ts6yg
@SpencerEsther-ts6yg 20 күн бұрын
The height of your accomplishments will equal the depth of your convictions.
@c4call
@c4call 25 күн бұрын
Right at the beginning he didnt want to say "what made america great in the first place" lol. He hesitated and chose other words hahaha
@johnl5316
@johnl5316 26 күн бұрын
Why does the Harris guy say everything as a question?
@Hoolibumbum
@Hoolibumbum 26 күн бұрын
Omg. I was thinking the same thing. Makes him sound as dumb as a contestant on the Bachelor.
@incyphe
@incyphe 26 күн бұрын
Right?
@fairvalues4510
@fairvalues4510 26 күн бұрын
It's called uptalk, used mostly by American young women. You have to train yourself to stop using it because people find it annoying.
@Stargate2077
@Stargate2077 26 күн бұрын
It is a lilt. It exists in most English accents. People in the US are the weird ones that don’t have it.
@CommunityTrashPicker
@CommunityTrashPicker 26 күн бұрын
@@Stargate2077ah, aussie getting but hurt eh?
@maggiejean_nahas
@maggiejean_nahas 26 күн бұрын
This is amazing for the American economy! Very excited to see hopefully other start ups with similar concepts as well.
@ro9949
@ro9949 26 күн бұрын
This is the future of automated MFG in America. Remove the old skilled machinist from the equation, install more automation that's software driven and can run a true lights out operation for manufactures. More profitable for the manufacturer/company. Worked in MFG for 20 years and unless your company is making parts for defense or space contracts your parts are not being made in America. Great headline though. Yes it can save American MFG but would eliminate the human aspect and the need for people to run the mill. The people at this company have jobs because they are doing the R&D and production of the equipment and software they are trying to sell.
@bigbird2100
@bigbird2100 25 күн бұрын
Great video 👍 Lots of over educated individuals selling an idea that lots of well run engineering companies are doing right now 😂😂😂
@MrSupro
@MrSupro 22 күн бұрын
This is nothing other than personality based investor bait. As somebody with many years of profitable manufacturing management experience this is a puff piece to my eye. I could train just about anybody to perform a an automated manufacturing job in far less than 30 days.
@lemeshenko
@lemeshenko 19 күн бұрын
Result of outsourcing was growing salaries which made impossible to have manufacturing in US. This is one way path.
@DianaCasey-uq1nt
@DianaCasey-uq1nt 20 күн бұрын
Never ignore a gut feeling, but never believe that it's enough.
@DwightBauer
@DwightBauer 20 күн бұрын
Don't leave a stone unturned. It's always something, to know you have done the most you could.
@tfmg8223
@tfmg8223 10 күн бұрын
Love the ambition guys! Let's go startups!
@dansmith5167
@dansmith5167 26 күн бұрын
But how will this employee hundreds or thousands of US workers with legitimate living wages. How will this avoid any process or sourcing of non-US labor or materials?
@coryschuler9570
@coryschuler9570 26 күн бұрын
It doesn’t. They’re saving us manufacturing for the upper class. Not for the working class
@UCiWrMgES50tlUhV3l6NqjNA
@UCiWrMgES50tlUhV3l6NqjNA 25 күн бұрын
@@overman2306 that observation is like a miracle pointing to solutions to problems right there...rofl, what does that have to do with the problem in any relatable way?
@BD-qq4fn
@BD-qq4fn 24 күн бұрын
As long as US consumers demand lower pricing, any job that can be automated will be over time. If not, it will be offshored. I think about this when shopping….I go to Ace Hardware knowing it’s franchised, local owners, a little more in cost than Home Depot or Lowe’s, but more money stays in my town. It bothers me when skilled mechanics (not part changers) make a fraction of what I’m being charged at the dealer…or any scenario where high skill is involved. The days of non skilled workers making family supporting/middle class wage have been gone for 50+ years. The public demanded cheaper, they got it. Sad.
@BradyBenth
@BradyBenth 20 күн бұрын
Transformation doesn't take place with a vacuum; instead, it occurs when we are indirectly and directly connected to all those around us.
@thinktoomuchb4028
@thinktoomuchb4028 24 күн бұрын
Thought this would be about 3d printing, but it's robotics and CNC?
@davidbrowne89
@davidbrowne89 24 күн бұрын
Huge congratulations to Hadrian from theUK. Leading by example.
@brentsrx7
@brentsrx7 24 күн бұрын
They are a poorly optimized solution for a poorly defined problem. The naiveté is astounding at the most basic level
@jbi3983
@jbi3983 26 күн бұрын
I always wonder how founders convince investors. What is at the core of the pitch that makes this so interesting to invest?
@emilepierre1663
@emilepierre1663 23 күн бұрын
“Wants to save American manufacturing” *shows a job stealing robot* this isn’t for us regular folks this is for the shareholders “good times are on the way” basically
@expatrocious
@expatrocious 22 күн бұрын
First job?! How much are you paying these people?
@f.d.6667
@f.d.6667 19 күн бұрын
Nice - but doesn't "solve" anything: about 83% of the Western population fall in the "not overly smart" category, yet they are human beings with a right to a meaningful occupation. With their deficiencies in mental horsepower, transportation, service and manufacturing jobs are urgently needed or these people will end up with (mental) health problems and/or an addiction problem. Bringing manufacturing back to the Western world is WAY more than just making complex components for high-tech and defense companies...
@GeorgeDoughty-m8e
@GeorgeDoughty-m8e 20 күн бұрын
Simple way to restore manufacturing and even make it better, eliminate corporate taxes and regulation. Instantly fixed.
@user-hf5nh8pr4g
@user-hf5nh8pr4g 22 күн бұрын
I couldn’t agree more with anything said in this video! We have to have more manufacturing on US soil.
@randallstephens1680
@randallstephens1680 26 күн бұрын
If you don't optimize the supply chain that feeds manufacturing, manufacturing will fail because the input costs will make the product uncompetitive. There are many systemic problems that need to be irradicated to make manufacturing prosperous in America again.
@keyboardt8276
@keyboardt8276 23 күн бұрын
Perhaps you meant irradiated
@Kevinjimtheone
@Kevinjimtheone 22 күн бұрын
Not sure why this automated CNC shop is so special because they never actually say what they really do. I worked with a company that did uber fast PCBs, but the cost per order started at 20K. Based on what they mentioned as a clientele, seems like the prices are equally astronomical, and only makes sense for very high end stuff.
@garycard1826
@garycard1826 25 күн бұрын
Have you looked at Tesla? The most American auto company with advanced manufacturing processes.
@margul
@margul 23 күн бұрын
Dude gives me JD Vance vibes. Probably another Peter Teal creation.
@Kiteboardshaper
@Kiteboardshaper 22 күн бұрын
My BS meter was bouncing off the redline right thru this ad written by Scott from marketing...
@greenpickle9606
@greenpickle9606 22 күн бұрын
It’s almost like we had a president that used to talk about this… he was lambasted for it at the time too. Funny to see everyone in board all of the sudden. 😂😂
@boxofcocoa
@boxofcocoa 20 күн бұрын
Uptime definitely requires some context. If my machine is up only 20% of the time and I push it to be up 70% of the time but it makes the same amount of parts, I’m going backwards not forwards.
@urbanstrencan
@urbanstrencan 22 күн бұрын
What an amazing technology, this is what we need new processes and solutions for the future. Great video ❤❤
@JohnSmith-pw3yw
@JohnSmith-pw3yw 20 күн бұрын
No, it is not about startup niche magics that can save a nation from declining. It is about engineering graduate count, supply chain independence, efficient public service, fast and economical mass transport and most importantly long term political stability, meritocracy, agile and competent goverment.
@gupperguppygupper
@gupperguppygupper 20 күн бұрын
Basically said nothing in 13 minutes...
@user-vn6hi2bi3g
@user-vn6hi2bi3g 22 күн бұрын
This is what tech holds out to society is the possibility of making labor a smaller part of the manufactured cost thru automation.Thus eliminating the differences in labor costs for different regions as the major incentive for locating a manufacturing plant. It makes getting your manufacturing sites as close as possible to your customers an enconomic imperative if a company wants to remain competitive in the manufacturing arena. In other words companies will have to locate production as close to customers as possible which will or already has become the deciding factor for plant location. This bodes well for the nations that are the largest consumers of a companies products. Keeping in mind that one of the core costs for manufactured goods that has for the entire industrial revolution thru today increased even with modern improvements is/are shipping costs. Ray Stormont
@edp5226
@edp5226 26 күн бұрын
dude i drove by that building so many times, and now i know what it is. amazing.
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