Hadron Energy Signs Strategic Collaboration with Paragon Energy Solutions for Microreactor Instrumentation & Control Development

Hadron Energy Announces Strategic Partnership with Paragon Energy Solutions Business Wire

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NEW YORK — Hadron Energy, Inc. (“Hadron” or the “Company”) today announced the signing of a non-binding Memorandum of Understanding (“MOU”) with Paragon Energy Solutions, a Mirion Technologies Company (“Paragon”), establishing a framework for collaboration on the design, development, and implementation of the Instrumentation & Control (“I&C”) architecture for Hadron’s Halo Micro-Modular Reactor (“MMR”) program.

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Under the MOU, Paragon will support the development of the Halo MMR’s overall I&C system architecture and integration framework; including safety and non-safety I&C platform integration, control logic development, human-machine interface (“HMI”) support, and cybersecurity considerations. Paragon will also supply the physical instrumentation devices and associated hardware; including sensors, transmitters, control cabinets, networking components, and other field and control room equipment necessary to implement the I&C system. The collaboration is intended to span Hadron’s First-of-a-Kind (“FOAK”) deployment, with potential expansion to subsequent commercial units.

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The MOU reflects Hadron’s commitment to engaging best-in-class suppliers in the design process, ensuring that the I&C architecture is developed in parallel with, and fully integrated into, the Company’s broader licensing and engineering program. The MOU builds on Hadron’s recent milestones, including NRC acceptance of its Quality Assurance Program Description (“QAPD”) Topical Report for review and the filing of its joint Form S-4 registration statement with GigCapital7 Corp. (Nasdaq: GIG) in connection with the Company’s proposed $1.2 billion public listing.

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“Instrumentation and control is the nervous system of a nuclear plant. It is what translates engineering design into safe, reliable, real-world operation,” said Ross Ridenoure, Chief Nuclear Officer of Hadron. “Engaging Paragon now, at this stage of our design development, means we are building a fully integrated I&C architecture from the ground up, with the rigor and regulatory alignment that nuclear demands. This is how you build a plant that doesn’t just work on paper, but performs safely and predictably from the moment it comes online.”

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By securing a specialized I&C partner of Paragon’s caliber at this stage of development, Hadron is ensuring that the systems responsible for monitoring, controlling, and protecting the Halo MMR are engineered to nuclear-grade standards from day one, reinforcing the Company’s commitment to safety, reliability, and commercial readiness across every layer of the plant’s design.

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About Hadron Energy, Inc.

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Hadron is a pioneer in MMR technology. Designed to deliver 10 MW of power, Hadron’s MMR will be smaller, more cost-effective, and faster to deploy than other proposed MMR power solutions. The revolutionary design of Hadron’s MMR allows its reactor core and containment shell to be transportable in a shipping container, providing a versatile deployment model for end users. Whether powering an artificial intelligence data center, remote community, or an industrial hub, Hadron’s MMR is expected to provide a reliable, safe and scalable nuclear energy solution. For more information, please visit https://www.hadronenergy.com/.

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About Paragon Energy Solutions

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Paragon, a Mirion Technologies company, has delivered comprehensive solutions for nuclear industry needs, producing and testing mission-critical equipment with proven customer satisfaction for more than three decades. Through obsolescence and parts availability strategies, innovation, and efficiency, Paragon directly addresses the challenges facing today’s operating fleet and the advanced reactors of tomorrow, all while maintaining the highest standards of quality and nuclear safety culture.

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About GigCapital7 Corp.

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GigCapital7 Corp. is a Private-to-Public Equity (PPE)™ company, also known as a special purpose acquisition company (SPAC), with a Mentor-Investor™ methodology and a mission to partner with a high technology differentiating company to forge a successful path to the public markets through a business combination. GigCapital7 Corp. aims to partner with an innovative company with exceptional leaders in order to create an industry-leading partnership that will be successful for years to come.

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Private-to-Public Equity (PPE)™ and “Mentor-Investor™ are trademarks of GigManagement, LLC, a member entity of GigCapital Global and affiliate of GigCapital7 Corp., used pursuant to agreement.

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Forward-Looking Statements

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This press release includes certain statements that may be considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about future events or Hadron’s or GigCapital7’s future financial or operating performance. For example, statements regarding the work with, and supply of physical instrumentation devices and associated hardware from, Paragon; the development and translation into an operational reactor of the Hadron Halo MMR, and its subsequent construction and performance, including with respect to quality control and safety; Hadron’s anticipated growth and other metrics; the anticipated future demand of energy; the future demand and commercialization of the Hadron Halo MMR; potential relationships or engagements; the outcome of Hadron’s regulatory submissions; and statements regarding the benefits of the business combination between the parties and the anticipated timing of the completion of the business combination are all forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations thereof or similar terminology.