Hadron Energy and Smartland Energy announced the signing of a non-binding Memorandum of Understanding establishing a strategic collaboration to evaluate the potential deployment of Hadron’s proprietary Halo Micro-Modular Reactor technology across up to five qualified Smartland projects over time. The MOU creates a portfolio-scale framework for technical and commercial evaluation across Smartland’s behind-the-meter development pipeline. In connection with the MOU, Smartland has made an initial strategic investment in Hadron Energy and may consider additional participation in future financing rounds as the collaboration advances. The parties intend to pursue a phased, disciplined approach over time, with any individual deployment remaining subject to site-specific diligence, licensing, permitting, financing, commercial terms, and definitive agreements.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GIG:
