Nuclear startup Hadron Energy, which has announced plans to go public, is seeking regulatory approval in the US and is targeting first deployment in 2029 with ambition to expand in the UK and Canada.
Hadron founder and chief executive officer Samuel Gibson said recent progress towards a listing on the Nasdaq reflects a shift for both Hadron and the wider sector.
The Redwood City, California-based company is aiming to go public on the Nasdaq through a $1.2bn (€1.04bn) business combination with GigCapital7 Corp, a private-to-public equity firm.
The deal will provide up to $300m which will be used to accelerate product development and commercial deployment of Hadron’s technology, Gibson said. The deal is expected to close in the first-half of quarter one in 2026.
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