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The Factory of the Future with Chris Power

Today, we interview Chris Power, the founder and CEO of Hadrian. Hadrian is a company trying to build the most efficient factories on the planet. In this conversation, we’ll introduce the audience to advanced manufacturing, and expose them to the reality that it’s a remnant of the first space race. We also cover the challenge of manufacturing, the importance of visibility in complex systems, the killer app for space, how simplifying the world of atoms can be done through bits – and ultimately, what kind of experimentation that may unlock. Topics Covered: 0:00 - Introduction 2:03 - What is advanced manufacturing? 5:00 - When a hatch is jammed at the ISS 7:03 - What’s happened since Space Race 1? 10:08 - A retiring workforce 14:48 - What is at stake? 22:59 - Onshoring manufacturing 26:18 - Is capital enough? 26:56 - Fixing the problem with technology 31:27 - Convincing the old guard 34:00 - Building a new culture 37:35 - Experimenting with hardware 40:23 - The value of observability 44:06 - The cost of timeliness 48:42 - Hadrian’s key risks 51:59 - Why Hadrian pivoted 55:04 - What talent is needed 1:00:22 - Why focus on space first? 1:06:47 - The killer app of space 1:14:14 - Who inspires Chris? Resources: * Hadrian’s website: https://www.hadrian.co/ * Chris’ Twitter: https://twitter.com/2112Power Stay Updated: * Find us on Twitter: https://twitter.com/a16z * Find us on LinkedIn: https://www.linkedin.com/company/a16z * Subscribe on your favorite podcast app: https://a16z.simplecast.com/ * Follow our host: https://twitter.com/stephsmithio Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. For more details please see a16z.com/disclosures.

Chris PowerguestSteph Smithhost

Nov 18, 20221h 19mWatch on YouTube ↗

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EPISODE INFO

Released: November 18, 2022
Duration: 1h 19m
Channel: a16z
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

Today, we interview Chris Power, the founder and CEO of Hadrian. Hadrian is a company trying to build the most efficient factories on the planet. In this conversation, we’ll introduce the audience to advanced manufacturing, and expose them to the reality that it’s a remnant of the first space race. We also cover the challenge of manufacturing, the importance of visibility in complex systems, the killer app for space, how simplifying the world of atoms can be done through bits – and ultimately, what kind of experimentation that may unlock. Topics Covered: 0:00 - Introduction 2:03 - What is advanced manufacturing? 5:00 - When a hatch is jammed at the ISS 7:03 - What’s happened since Space Race 1? 10:08 - A retiring workforce 14:48 - What is at stake? 22:59 - Onshoring manufacturing 26:18 - Is capital enough? 26:56 - Fixing the problem with technology 31:27 - Convincing the old guard 34:00 - Building a new culture 37:35 - Experimenting with hardware 40:23 - The value of observability 44:06 - The cost of timeliness 48:42 - Hadrian’s key risks 51:59 - Why Hadrian pivoted 55:04 - What talent is needed 1:00:22 - Why focus on space first? 1:06:47 - The killer app of space 1:14:14 - Who inspires Chris? Resources:
Hadrian’s website: https://www.hadrian.co/
Chris’ Twitter: https://twitter.com/2112Power
Stay Updated:
Find us on Twitter: https://twitter.com/a16z
Find us on LinkedIn: https://www.linkedin.com/company/a16z
Subscribe on your favorite podcast app: https://a16z.simplecast.com/
Follow our host: https://twitter.com/stephsmithio
Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. For more details please see a16z.com/disclosures.

SPEAKERS

Chris Power
guest
Founder and CEO of Hadrian, focused on advanced manufacturing for aerospace/defense.
Steph Smith
host
a16z host/interviewer with a background in software/marketing; Canadian.

EPISODE SUMMARY

In this episode of a16z, featuring Chris Power and Steph Smith, The Factory of the Future with Chris Power explores hadrian's Chris Power on Rebuilding America's Fragile Advanced Manufacturing Base Chris Power argues that beneath flashy aerospace and defense products lies a chaotic supply chain of roughly 20,000 to 30,000 small shops run by aging owners, with undocumented knowledge that is vanishing as they retire.

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