Hadron Energy Inc. and Smartland Energy LLC signed a non-binding memorandum of understanding to evaluate potential deployment of Hadron's nuclear microreactor technology across up to five Smartland projects. Smartland made an initial strategic investment in Hadron and may participate in future financing rounds.

The framework covers technical and commercial evaluation of Hadron's Halo Micro-Modular Reactor technology across Smartland's behind-the-meter development pipeline. Any deployment would require site-specific diligence, licensing, permitting, financing and definitive agreements. The companies target initial deployment for the early 2030s.

Smartland is developing a pipeline of approximately 150 MWe per project, with 12 projects targeted for completion by 2035, representing aggregate capacity demand of approximately 1.8 GWe. The company focuses on behind-the-meter power infrastructure for large industrial and digital loads.

Hadron's Halo reactor is designed as a 10 MWe light-water nuclear system for modular deployment. The reactor is designed to be factory-fabricated and truck-transportable for installation in industrial and infrastructure contexts. The company recently announced a collaboration with Paragon Energy Solutions to develop the reactor's instrumentation and control architecture.

GigCapital7 Corp. (NASDAQ: GIG) filed an effective Form S-4 registration statement for a proposed business combination with Hadron. GigCapital7 scheduled a shareholder meeting for May 7, 2026 to seek approval of the business combination that would result in Hadron's public listing.

"Power-hungry industrial and digital infrastructure cannot wait for the grid to catch up; it needs firm, on-site generation that performs independently of it," said Sam Gibson, founder and CEO of Hadron Energy.

The announcement stated that specific project locations are not being publicly identified and no existing Smartland projects have been selected for nuclear deployment.