Hadron Energy Partners with GigCapital7 to Become Public, Advancing Next-Generation Micro Modular Reactors
Hadron Energy, Inc. (“Hadron”), a pioneering developer of micro modular reactor (“MMR”) technology, has announced a strategic agreement to go public through a business combination with GigCapital7 Corp. (“GIG”), a Private-to-Public Equity (PPE)™ company and special purpose acquisition company (SPAC) listed on Nasdaq under the ticker GIG. The definitive business combination agreement sets the stage for Hadron to become a publicly traded leader in advanced light water MMR technology. Once the transaction is finalized, the combined company is expected to trade on a U.S. national exchange under the symbol “HDRN.”
Samuel Gibson, founder and CEO of Hadron, emphasized the significance of the partnership in addressing the surging global demand for clean, reliable power. “With power demand continuing to increase rapidly, nuclear energy is re-emerging as a compelling solution to today’s most pressing energy needs, and MMRs are at the heart of this transformation,” said Gibson. “Meeting the energy requirements of the future demands a move beyond legacy nuclear technology. According to the International Energy Agency, electricity consumption by AI data centers alone is projected to more than quadruple by 2030. Hadron’s MMR technology offers a safe, scalable, and versatile solution, unlocking a new era of clean nuclear energy. Partnering with GigCapital7 marks a key milestone as we bring our vision to the public markets.”
Hadron’s Innovative MMR Technology
Hadron has positioned itself as a trailblazer in MMR technology, leveraging light water reactor systems that have been safely utilized in commercial nuclear operations for nearly seven decades. Unlike traditional large-scale reactors, Hadron’s MMRs are compact, cost-efficient, and rapidly deployable, making them suitable for high-demand applications, including data centers, industrial facilities, and remote communities.
According to the U.S. Department of Energy, electricity demand in the United States is projected to grow by approximately 15–20% by 2035, highlighting the critical need for reliable, scalable energy solutions. Legacy small modular reactors (SMRs) have demonstrated the viability of modular nuclear systems, but Hadron’s MMR design seeks to improve upon this foundation by offering enhanced portability, reduced land use, and accelerated deployment timelines.
The Hadron MMR is designed to generate 10 megawatts of electricity (MWe) and 35 megawatts of thermal heat (MWth) on an operationally efficient 10-year fuel cycle. Its reactor core and containment shell are engineered to fit within standard shipping containers, facilitating streamlined transportation and installation. The modular design allows multiple units to operate in tandem for enhanced scalability, and the reactors require a fraction of the land needed for equivalent wind or solar power facilities. This combination of portability, efficiency, and modularity positions Hadron’s MMR as a uniquely resilient energy solution.
Hadron’s MMR technology has garnered substantial interest from a wide range of potential clients, spanning sectors such as data centers, industrial operations, government agencies, and remote communities. The company has engaged with more than six prospective customers at the letter-of-intent stage and anticipates establishing a leadership position in powering artificial intelligence infrastructure.
In addition to its technological capabilities, Hadron has actively built a strong regulatory foundation. The company has engaged with the U.S. Nuclear Regulatory Commission (NRC), the Department of Defense, the Department of Energy, and other key regulatory bodies to advance the deployment of next-generation nuclear systems. In early 2025, Hadron submitted its Letter of Intent (LOI) to initiate NRC pre-application activities and subsequently filed its Regulatory Engagement Plan (REP) and Quality Assurance Program Description (QAPD). These steps underscore Hadron’s commitment to safety, compliance, and responsible innovation in nuclear energy.
Experienced Leadership Driving Innovation
Under the leadership of Samuel Gibson, Hadron has assembled a highly skilled management team with over 140 years of combined experience in nuclear engineering, reactor design, system safety, and operations. The team brings deep expertise in regulatory compliance, project management, and operational oversight, positioning Hadron to execute its ambitious growth strategy efficiently. Detailed information about Hadron’s leadership team can be found at Hadron Energy.
Dr. Avi Katz, Executive Chairman and CEO of GIG and Founding Managing Partner of GigCapital Global, expressed confidence in Hadron’s technology and strategic positioning. “Hadron has made meaningful progress with its differentiated and innovative MMR design, and we are excited to partner with the company as it embarks on its public journey,” said Katz. “The need for clean, baseload energy is critical to powering technologies that drive economic growth and sustainability. Hadron’s solutions are ideally suited to serve high-demand energy users, and we look forward to building a company that delivers long-term value for communities, stakeholders, and partners worldwide.”
Transaction Details
The proposed business combination would provide Hadron with a robust platform for growth, valuing the public company at approximately $1.2 billion prior to raising any new capital. Upon closing, Hadron is expected to receive access to roughly $200 million in cash from GIG’s trust account, net of transaction expenses and assuming no redemptions by GIG shareholders.
Existing Hadron management will continue to lead the combined company post-transaction. Hadron’s shareholders will roll 100% of their equity into the new public entity, and customary lock-ups will apply to GIG’s sponsor and select key shareholders.
Both Hadron and GIG boards have unanimously approved the business combination, which is expected to close in early 2026, subject to customary regulatory and shareholder approvals. Further details, including the Business Combination Agreement, will be available through filings with the U.S. Securities and Exchange Commission (SEC), including a Current Report on Form 8-K and a registration statement on Form S-4 containing a proxy statement/prospectus.
Advisory Team
Cohen & Company Capital Markets, a division of Cohen & Company Securities, Inc., serves as Hadron’s exclusive financial and lead capital markets advisor. Duane Morris LLP provides legal counsel to Hadron, while DLA Piper LLP (US) advises GIG. Investor relations and communications support is provided by The Blueshirt Group and Aspectus Group, respectively, ensuring robust market visibility and strategic outreach.
The combination of Hadron’s innovative MMR technology and GIG’s capital markets expertise is expected to accelerate the adoption of clean nuclear energy across multiple industries. By bringing Hadron to the public markets, the partnership aims to provide a scalable, safe, and reliable energy solution that addresses the rapidly increasing electricity demand from emerging technologies, including artificial intelligence and data center infrastructure, while also advancing sustainability and energy security objectives.
Hadron’s approach to modular nuclear reactors represents a significant evolution in energy technology, offering smaller footprints, enhanced safety, and faster deployment compared to traditional reactors. As the global focus on decarbonization intensifies, Hadron’s MMRs may become a cornerstone in meeting the world’s electricity needs while reducing greenhouse gas emissions and supporting grid resilience.
The transaction not only represents a major milestone for Hadron but also signals renewed investor confidence in nuclear energy as a key component of a sustainable energy future. With experienced leadership, strong regulatory engagement, and a proven technological foundation, Hadron Energy is well-positioned to lead the next generation of nuclear innovation.
