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Hadron Energy Signs Strategic Collaboration with Paragon Energy Solutions for Microreactor Instrumentation & Control Development
NEW YORK--(BUSINESS WIRE)-- Hadron Energy, Inc. ("Hadron" or the "Company") today announced the signing of a non-binding Memorandum of Understanding ("MOU")
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[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nHadron 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.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317671298/en/Hadron Energy Announces Strategic Partnership with Paragon Energy Solutions\nUnder 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.\n\n\nThe 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.\n\n\n\"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 ...