\nHadron Energy, Inc. (\u201cHadron\u201d) announces the appointment of Olivia Hand, P.E. as Head of Reactor Design and Tim Bussey as Vice President of Business Development.<\/p>\n
This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251111966578\/en\/<\/a><\/p>\n Tim Bussey and Olivia Hand join Hadron Energy as VP of Business Development and Head of Reactor Design ahead of $1.2Bn public listing<\/p>\n<\/div>\n \nOlivia Hand brings 18 years of experience in nuclear system and component design, thermal-hydraulic analysis, and reactor component qualification across the U.S. advanced reactor industry. Before joining Hadron, Olivia held roles at TerraPower as the Lead Principal Engineer for the Natrium intermediate heat exchanger component design and prior to that was the system-level thermal hydraulics lead, where she was responsible for development of the event design basis and thermal hydraulic analysis input for the ASME thermal loading specification. She previously spent more than a decade at NuScale Power, as a key engineer advancing the NPM-160 and NPM-20 small modular reactor designs from the conceptual design stage through successful licensing. Olivia\u2019s contributions at NuScale include component sizing, design and analysis of safety systems, performing and directing thermal-hydraulic and vibration analyses, definition and execution of validation testing and load characterization for ASME component design. Earlier in her career, Olivia supported the Naval Reactors Program, contributing to the design and delivery of Ford-class aircraft carrier reactor systems.<\/p>\n \nAt Hadron, Olivia will lead the design and analysis of all reactor systems and components for the company\u2019s flagship Hadron Halo Micro-Modular Reactor (MMR), a 10 MWe light-water reactor designed for factory fabrication, transportability, and a ten-year core. Her expertise in pressurized-water reactor design and analysis will guide the development of reactor cooling and safety systems as Hadron advances toward its manufacturing license submission to the U.S. Nuclear Regulatory Commission.<\/p>\n \n\u201cOlivia\u2019s experience with both light-water and advanced reactor systems makes her an exceptional fit for Hadron\u2019s mission,\u201d said Samuel Gibson, Founder and Chief Executive Officer of Hadron Energy. \u201cShe combines deep analytical skill with real-world project leadership, and her work will be instrumental in ensuring the Halo\u2019s performance, safety, and manufacturability as we move from design to deployment.\u201d<\/p>\n \nOlivia holds bachelor\u2019s degrees in Chemical and Nuclear Engineering from the University of California, Berkeley, and a master\u2019s degree in Nuclear Engineering from Pennsylvania State University. She is a licensed Professional Engineer in Mechanical-Thermal Fluids (Oregon) and an active member of ASME and the American Nuclear Society.<\/p>\n \nTim Bussey brings over twenty years of experience in nuclear operations, engineering management, and large-scale energy infrastructure to Hadron\u2019s executive leadership team.<\/p>\n \nBefore Hadron, Tim was a Data Center Campus Facility Manager at Meta in Papillion, Nebraska, leading operations and maintenance for a major hyperscale data center campus. He managed teams for critical power, cooling, and operational readiness across Meta\u2019s global infrastructure, ensuring 24\/7 reliability, safety, and efficiency.<\/p>\n \nTim began his career in the U.S. Navy\u2019s Nuclear Propulsion Program, serving aboard the USS Enterprise (CVN-65) as an Engineering Laboratory Technician, where he supported the operation and chemistry control of eight reactor plants. Following his naval service, Tim transitioned to the commercial nuclear industry, spending more than fifteen years at Omaha Public Power District\u2019s Fort Calhoun Nuclear Station in senior technical and operational roles, including Principal Reactor Engineer, Reactor Engineering Manager, and Unit Supervisor. He also held a Senior Reactor Operator license from the U.S. Nuclear Regulatory Commission. Tim later served as Nuclear Fuel and Analysis Supervisor at South Carolina Electric & Gas, overseeing reactor core design, licensing, and fuel cycle management for Westinghouse units.<\/p>\n \nAs Vice President of Business Development, Tim will lead Hadron\u2019s strategic partnerships, customer engagement, and market expansion initiatives. His background in both regulated nuclear generation and data center operations positions him to bridge the needs of industrial and digital power consumers with the capabilities of Hadron\u2019s Hadron Halo Micro-Modular Reactor. Tim will focus on aligning Hadron\u2019s deployment strategy with the growing demand for carbon-free, high-reliability power across data centers, defense installations, and industrial customers.<\/p>\n \n\u201cTim\u2019s leadership experience across commercial nuclear power and hyperscale data operations gives him a unique perspective on the markets our technology serves,\u201d said Samuel Gibson, Founder and Chief Executive Officer of Hadron Energy. \u201cHe understands both the technical depth and the commercial urgency driving the next generation of clean energy deployment.\u201d<\/p>\n \nHadron\u2019s recruitment momentum follows its recently announced $1.2 billion definitive business combination agreement with GigCapital7 Corp. (Nasdaq: GIG), positioning Hadron to become the world\u2019s first publicly traded light-water micro modular reactor (MMR) company. Together, these milestones reinforce Hadron\u2019s standing at the forefront of the U.S. nuclear renaissance by advancing the delivery of secure, zero-carbon energy where it is needed most.<\/p>\n About Hadron Energy, Inc.<\/b><\/p>\n \nHadron is a pioneer in MMR technology. Designed to deliver 10 MW of power, Hadron\u2019s MMR will be smaller, more cost-effective, and faster to deploy than other proposed MMR power solutions. The revolutionary design of Hadron\u2019s 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\u2019s MMR is expected to provide a reliable, safe and scalable nuclear energy solution. For more information, please visit https:\/\/www.hadronenergy.com\/<\/a>.<\/p>\n About GigCapital7 Corp.<\/b><\/p>\n \nGigCapital7 Corp. is a Private-to-Public Equity (PPE)\u2122 company, also known as a special purpose acquisition company (SPAC), with a Mentor-Investor\u2122 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.<\/p>\n \nPrivate-to-Public Equity (PPE)\u2122 and Mentor-Investor\u2122 are trademarks of GigManagement, LLC, a member entity of GigCapital Global and affiliate of GigCapital7 Corp., used pursuant to agreement.<\/p>\n Forward-Looking Statements<\/b><\/p>\n \nThis 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\u2019s or GigCapital7\u2019s future financial or operating performance. For example, statements regarding the construction and performance of the Hadron Halo, Hadron\u2019s anticipated growth and other metrics; the anticipated future demand of energy; the future demand and commercialization of the Hadron MMR; potential relationships or engagements; the outcome of Hadron\u2019s 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 \u201cmay,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpossible,\u201d \u201cproject,\u201d \u201cstrive,\u201d \u201cbudget,\u201d \u201cforecast,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cpredict,\u201d \u201cpotential\u201d or \u201ccontinue,\u201d or the negatives of these terms or variations thereof or similar terminology.<\/p>\n \nThese forward-looking statements regarding future events and the future results of Hadron and GigCapital7 are based upon estimates and assumptions that, while considered reasonable by Hadron, GigCapital7, and their respective management teams, are inherently uncertain and subject to risks, variability and contingencies, many of which are beyond Hadron\u2019s or GigCapital7\u2019s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement or other definitive agreements in connection thereto; the outcome of any legal proceedings that may be instituted against Hadron, GigCapital7 or others following the announcement of the business combination and any definitive agreements with respect thereto; the inability to complete the business combination due to the failure to obtain consents and approvals of the shareholders of GigCapital7; failure to obtain financing to complete the business combination or to satisfy other conditions to closing; delays or failures to obtain necessary regulatory approvals required to complete the business combination or related transactions; changes to the proposed structure of the business combination as a result of applicable laws, regulations or conditions; projections, estimates and forecasts of revenue and other financial and performance metrics; projections about industry trends and market opportunity; expectations relating to the demand for Hadron\u2019s MMR; Hadron\u2019s ability to scale and grow its business; the cash position of Hadron following closing of the business combination; the ability to meet listing standards in connection with, and following, the consummation of the business combination the risk that the business combination disrupts current plans and operations of Hadron as a result of the announcement and consummation of the business combination; the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of Hadron to successfully commercialize its MMR, and Hadron\u2019s ability to source and maintain key relationships with management and key employees; costs related to the business combination; changes in applicable laws and regulations; political and economic developments and market volatility; the risk that Hadron does not ever enter into any definitive agreements in connection with commercialization of its technology; the risk that Hadron is pursuing an emerging market; and other risks and uncertainties set forth under \u201cRisk Factors\u201d and other documents filed, or to be filed, with the SEC by GigCapital7 and\/or Hadron, including the Registration Statement that Hadron and GigCapital7 intend to file in connection with the business combination.<\/p>\n \nIf any of these risks materialize or Hadron\u2019s assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking statements. There may be additional risks that Hadron or GigCapital7 do not presently know or currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of Hadron or GigCapital7 reflect the expectations, plans or forecasts of future events and views of Hadron and GigCapital7 and speak only as of the date they are made. Neither Hadron nor GigCapital7 undertake any obligation to update any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. These forward-looking statements should not be relied upon as representing Hadron\u2019s or GigCapital7\u2019s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.<\/p>\n Additional Information About the Transaction and Where to Find It<\/b><\/p>\n \nThe proposed transaction will be submitted to GigCapital7\u2019s shareholders for their consideration and approval. GigCapital7and Hadron intend to file the Registration Statement with the SEC, which will include preliminary and definitive proxy statements to be distributed to GigCapital7\u2019s shareholders in connection with GigCapital7\u2019s solicitation of proxies for the shareholder vote in connection with the proposed business combination, the prospectus relating to the offer of securities to be issued in connection with the business combination, and other matters to be described in the Registration Statement. After the Registration Statement has been filed and declared effective by the SEC, GigCapital7 will mail a definitive proxy statement\/prospectus\/consent solicitation statement and other relevant documents (the \u201cGigCapital7Shareholder Materials\u201d) to its shareholders as of the record date established for voting on the proposed business combination. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, GIGCAPITAL7\u2019S SHAREHOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ, WHEN AVAILABLE, THE PRELIMINARY PROXY STATEMENT\/PROSPECTUS, AND AMENDMENTS THERETO, AND THE DEFINITIVE PROXY STATEMENT\/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH GIGCAPITAL7\u2019S SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING OF ITS SHAREHOLDERS TO BE HELD TO APPROVE THE BUSINESS COMBINATION AND OTHER MATTERS AS DESCRIBED IN THE PROXY STATEMENT\/PROSPECTUS BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT GIGCAPITAL7, HADRON AND THE PROPOSED BUSINESS COMBINATION. Shareholders and other interested parties may obtain a copy of these documents, without charge, at the SEC\u2019s website located at www.sec.gov<\/a> or by directing a written request to GigCapital7 Corp., Attn: Corporate Secretary, 1731 Embarcadero Rd., Suite 200, Palo Alto, CA.<\/p>\n \nNEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE BUSINESS COMBINATION OR ANY INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR ANY RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS COMMUNICATION. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.<\/p>\n Participants in the Solicitation<\/b><\/p>\n \nHadron, GigCapital7 and their respective directors, executive officers, management and employees, under SEC rules, may be deemed to be participants in a solicitation of proxies of GIG\u2019s shareholders in connection with the business combination. Investors and shareholders may obtain more detailed information regarding the names, affiliations, and interests of GigCapital7\u2019s directors and executive officers in its filings with the SEC, including GigCapital7\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on March 6, 2025, as amended by Amendment No. 1 on Form 10-K\/A filed with the SEC on April 16, 2025. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of GIG shareholders in connection with the business combination will be set forth in the Registration Statement, along with information concerning the interests of Hadron\u2019s and GigCapital7\u2019s participants in the solicitation. Such interests may in some cases be different from those of Hadron\u2019s or GigCapital7\u2019s equity holders generally.<\/p>\n No Offer or Solicitation<\/b><\/p>\n \nThis communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This communication is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a prospectus filed with the SEC meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom.<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251111966578\/en\/<\/a><\/span><\/p>\n Hadron Energy Investor Center: Hadron Energy Media & Investor Contact: GigCapital7 Investor Contact: KEYWORDS:<\/b> New York United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Technology Architecture Utilities Nuclear Energy Construction & Property Building Systems Other Science Environment Sustainability Hardware Science Green Technology Data Management<\/p>\n![\"Tim](\"https:\/\/mms.businesswire.com\/media\/20251111966578\/en\/2639630\/4\/Tim_Olivia.jpg\")
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https:\/\/www.hadronenergy.com\/investor-relations<\/a><\/p>\n
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Samuel Gibson
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Chief Executive Officer
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sgibson@hadronenergy.com<\/a><\/p>\n
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Christine M. Marshall
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Chief Financial Officer
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christine@gigcapitalglobal.com<\/a><\/p>\n
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