/Companies

Hadron Energy

NASDAQ: HDRN

Redwood City, US · Founded 2024 · Delaware corporation · 1 known investors

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Hadron Energy develops 2 MW light-water micro modular nuclear reactors for data centers, industry and remote sites.

Also known as Hadron Energy · Hadron Energy Inc.

Founders & leadership

Hadron Energy was founded in 2024 by Avi S. Katz and Raluca Dinu.

AS
Avi S. KatzChairman of the Board of Directors and Chief Executive Officer
RD
Raluca DinuCo-founder
AMAndrew M. Ward
Andrew M. WardChief Technology Officer
KCKen Canavan
Ken CanavanChief Operating OfficerKen Canavan spent over 15 years in nuclear plant operations and safety analysis, and more than 20 years in energy R&D roles including Director of Engineering at EPRI and Chief Technology Officer at Westinghouse. He is Chief Operations Officer of Hadron Energy, which develops small modular reactors.
RS
Rahul ShuklaExecutive
RM
Ryan MottExecutive
RTRoss T. Ridenoure
Ross T. RidenoureChief Nuclear OfficerRoss Ridenoure is an executive with over four decades in commercial nuclear power, naval nuclear propulsion, and advanced reactor development. He has held multiple senior reactor operator and chief nuclear officer certifications and led organizations across reactor operations, engineering, licensing, and regulatory affairs.
SGSamuel Gibson
Samuel GibsonExecutive30 Under 30 2026
CM
Christine M. MarshallChief Financial Officer

Investors · 1

Reported raises · per SEC filings

Form D private placements

$9.9M disclosed across 1 of 3 rounds · 2024–2026

▶Undisclosed amountofferedMay 2026 · 12 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Ryan MottExecutive Officer
  • Ken CanavanExecutive Officer
  • Rahul ShuklaExecutive Officer
  • Samuel GibsonExecutive Officer, Director
  • Ross T. RidenoureExecutive Officer
  • Andrew M. WardExecutive Officer
First sale
May 2026
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$9.9MraisedMay 2026 · 76 investors · Other Energy
Rule 506(c)
Officers, directors & promoters on the filing
  • Andrew M. WardExecutive Officer
  • Ken CanavanExecutive Officer
  • Rahul ShuklaExecutive Officer
  • Ryan MottExecutive Officer
  • Ross T. RidenoureExecutive Officer
  • Samuel GibsonExecutive Officer, Director
Offering amount
$9.9M
Amount sold
$9.9M
First sale
Jul 2024
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Hadron Energy is a micro modular reactor (MMR) developer headquartered in San Francisco, California, focused on the research, design and development of micro nuclear reactors that generate carbon-free electricity. Its reactors are described as portable units small enough to fit in the back of a semi truck, with individual outputs cited in the range of 1 to 20 MW depending on design, and a stated design point of 2 MW of electric power. Multiple units can be combined to serve larger loads, allowing customers to scale output as demand grows. Target applications include data centers, industrial complexes, remote communities and mining operations.

The company was incorporated on July 8, 2024 by founder and CEO Samuel Gibson, a mechanical engineering graduate of the University of Nebraska-Lincoln, and was started with past ASME president Mahantesh Hiremath, who serves as a mentor and advisor. Hadron Energy has engaged with organizations including the American Nuclear Society, World Nuclear Association, Nuclear Energy Institute, the U.S. Department of Energy and the U.S. Nuclear Regulatory Commission. It held its first public meeting with the NRC on July 8, 2025, receiving feedback on its Regulatory Engagement Plan, and participated in the NRC's July 2025 rulemaking sessions on licensing requirements for microreactors and other low-consequence reactors.

Company-published updates dated 2026 describe a commercial product line branded the Halo micro-modular reactor, an announced business combination with GigCapital7 Corp. valued at $1.2 billion, trading on Nasdaq under the ticker "HDRN", the appointment of former TerraPower COO Eric Williams as Executive Vice President of Engineering, and the engagement of CORE IR for investor relations.

Founding story

Founder and CEO Samuel Gibson graduated from the University of Nebraska-Lincoln in May 2023 with degrees in mechanical engineering and engineering leadership, having revived and led the university's ASME student section, which grew from 4 to more than 200 members and drew engagement from companies such as NASA, Google, Boeing and Tesla. He received ASME's International Standards & Certification Scholar award and the Charles T. Main Global Student Leader award. After graduating he helped build an industrial/HVAC company, reported at $4 million in revenue with 18 employees, before launching Hadron Energy in July 2024 — incorporated July 8, 2024 — as the culmination of several years of research in materials science, nuclear engineering and mechanical engineering. He started the company with Mahantesh Hiremath, a past ASME president who remains an advisor and mentor.

Traction

As of the ASME Watch List 2025 profile, Hadron Energy had grown to 25 employees within under a year, raised over $1 million, and reported 3.5 gigawatts of signed letters of intent to purchase its microreactors ahead of having a prototype. Earlier company material (September 2024) reported growth from 1 to 8 employees in two months and active hiring of nuclear engineers. In July 2025 the company reported an additional $500,000 closed in its funding round.

Latest developments

Company-published updates report a planned public listing via a $1.2 billion business combination with GigCapital7 Corp. and the start of Nasdaq trading under the ticker "HDRN". Posts dated July 13, 2026 announce the engagement of CORE IR to lead investor relations in the public markets; July 15, 2026 announces a "Powering What's Next" video detailing the commercial vision for the Halo micro-modular reactor; and August 10, 2026 announces the appointment of former TerraPower COO Eric Williams as Executive Vice President of Engineering.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

The company positions itself as a micro modular reactor developer in the United States, addressing rising demand for 24/7 carbon-free power from AI, manufacturing and defense end markets. Company and profile materials claim it is gaining traction as a leading MNR developer in the U.S. and that it surpassed the top 1% of startups on fundraising profile early in its operations; these are self-reported characterizations.

Hadron Energy contrasts its Gen III+ light-water microreactor approach with experimental Gen IV designs, emphasizing scalability and reliability by adapting established fission technology instead of new reactor concepts. Its modular architecture allows customers to add units to increase power output, and the units are designed to be transportable by truck.

Technology

Hadron Energy is developing light-water micro modular reactors producing 2 MW of electric power, positioned as a Gen III+ approach rather than an experimental Gen IV design, with the company describing its work as repackaging proven fission technology for scalability and reliability rather than creating a new reactor physics. Designs are modular and transportable — described as fitting in the back of a semi truck — with units ranging from roughly 1 to 20 MW depending on design and capable of being combined to reach higher loads. As of September 2024 the company reported a patent-pending initial concept and plans to begin prototyping. Its commercial product is branded the Halo micro-modular reactor. The company states one unit will avoid 18,000 tons of carbon emissions per year.

Go-to-market

Data centers, industrial complexes, remote communities, mining operations and other users of continuous carbon-free power, with stated interest from AI, manufacturing and defense sectors.

Geography

Headquartered in San Francisco, California, with a second location opened in New York City in 2025 to be closer to policymakers, investors and business partners.

History

Hadron Energy was incorporated on July 8, 2024 in San Francisco and grew its team from one to eight people within two months, reaching 25 employees and more than $1 million raised within its first year. In July 2025 it opened a second location in New York City, held its first public meeting with the U.S. Nuclear Regulatory Commission on July 8, 2025, participated in the NRC's microreactor licensing rulemaking sessions, and closed an additional $500,000 in its then-current funding round, announced July 31, 2025. Company posts dated 2026 report a business combination with GigCapital7 Corp. valued at $1.2 billion, the start of Nasdaq trading under the ticker "HDRN", the release of a video detailing the commercial vision for its Halo micro-modular reactor (July 15, 2026), the engagement of CORE IR for investor relations (July 13, 2026), and the appointment of former TerraPower COO Eric Williams as Executive Vice President of Engineering (August 10, 2026).

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Avoided carbon emissions per unitJan 202518,000 tons per year
Business combination transaction valueJan 2026$1.2B
Company size (self-reported)Jan 20252 - 10
EmployeesJan 202525 people
Reactor electrical outputJan 20252 MW
Reactor output rangeSep 20241 to 20 MW per unit depending on design
Signed letters of intent to purchase microreactorsJan 20253.5 GW
Total capital raisedJan 2025$1M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 9

launches, deals, and filings
Aug 2026
Eric Williams appointed Executive Vice President of Engineering

Former TerraPower COO Eric Williams was appointed Executive Vice President of Engineering.

source ↗

Jul 2026
"Powering What's Next" video detailing Halo micro-modular reactor commercial vision

source ↗

Jul 2026
CORE IR engaged to lead investor relations

Hadron Energy engaged CORE IR to lead its investor relations strategy and execution in the public markets.

source ↗

Jan 2026
Business combination with GigCapital7 Corp. and Nasdaq listing

Company updates state Hadron Energy is to go public via a $1.2 billion business combination with GigCapital7 Corp. and that it begins trading on Nasdaq under the ticker "HDRN".

$1.2B source ↗

Jul 2025
Hadron Energy closes additional $500,000 in latest funding round

The company announced an additional $500,000 investment in its then-current funding round to accelerate commercialization of its microreactors.

$500K source ↗

Jul 2025
First public meeting with the U.S. Nuclear Regulatory Commission

The NRC provided feedback on Hadron Energy's Regulatory Engagement Plan at the company's first public meeting with the agency.

source ↗

Jul 2025
Participation in NRC microreactor licensing rulemaking sessions

Hadron Energy took part in the NRC's three-day "Licensing Requirements for Microreactors and Other Low Consequence Reactors Rulemaking" sessions during July 2025.

source ↗

Jan 2025
Second location opened in New York City

Hadron Energy opened a second office in New York City to be closer to policymakers, investors and business partners.

source ↗

Jul 2024
Hadron Energy incorporated

The company was incorporated on July 8, 2024, and is based in San Francisco, California.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Hadron Energy do?
Hadron Energy develops 2 MW light-water micro modular nuclear reactors for data centers, industry and remote sites.
Who founded Hadron Energy?
Hadron Energy was founded by Avi S. Katz, Raluca Dinu in 2024.
Who are Hadron Energy's investors?
Hadron Energy's investors include Alliance DAO (ex DeFi Alliance).
How much funding has Hadron Energy raised?
Hadron Energy has disclosed $9.9M raised across 1 of its 3 known rounds.
Where is Hadron Energy headquartered?
Hadron Energy is headquartered in Redwood City, US.