H.C. Wainwright Initiates Equity Research Coverage of Hadron Energy Less Than Five Months After Nasdaq Listing

SAN FRANCISCO — Hadron Energy, Inc. (Nasdaq: HDRN) (“Hadron” or the “Company”), a publicly traded developer of light-water micro-modular nuclear reactor technology, today announced that H.C. Wainwright & Co., LLC (“H.C. Wainwright”) has initiated equity research coverage of the Company. The initiation report, titled “Highlighting an Overlooked Nuclear Play Positioned to be a Regulatory Frontrunner,” was published on October 19, 2026, by analysts Sameer Joshi and Amit Dayal. A copy of it can be obtained by contacting H.C. Wainwright directly.

The coverage comes less than five months after Hadron began trading on Nasdaq on May 26, 2026, following the completion of its business combination with GigCapital7 Corp. generating about $31m in proceeds with zero debt. H.C. Wainwright is the first investment bank to initiate research coverage of Hadron. Independent research coverage gives institutional and individual investors an additional source of analysis on the Company and the micro-modular reactor market, and expands Hadron’s visibility within the investment community.

“Securing research coverage from a firm like H.C. Wainwright within our first five months as a public company is an important step in telling Hadron’s story to a broader set of investors,” said Sam Gibson, Founder and Chief Executive Officer of Hadron Energy. “Since our listing, we have kept our focus on execution: advancing Halo through the NRC’s pre-application process, building our engineering team and lining up the partners we need to manufacture and fuel our reactor. We welcome independent analysis of our progress, and we look forward to continuing to deliver on the milestones ahead.”

As described by H.C. Wainwright in its report, the firm’s investment thesis on Hadron centers on the following themes:

Proven reactor light-water technology in a compact and modular form factor. The report notes that Halo adapts established pressurized light-water reactor technology into a 10 MWe / 45 MWth factory-built micro-modular reactor, drawing on decades of commercial operating experience and an existing nuclear supply chain.

H.C. Wainwright highlights the NRC’s familiarity with light-water reactor technology and points to the NRC’s acceptance of Hadron’s Quality Assurance Program Description in June 2026 as an early regulatory milestone.

The report describes Halo’s multiple layers of containment and protection and its below-grade, reactor-in-a-pool configuration designed for passive decay heat removal. Halo is designed to use conventional low-enriched uranium, the same class of fuel used by every operating U.S. reactor, with a roughly six-year refueling cycle.

H.C. Wainwright cites Hadron’s collaborations with Paragon Energy Solutions on instrumentation and controls, ConverDyn on uranium conversion services and GSE Solutions on a full-scope training simulator.

The report references Hadron’s memorandum of understanding with Smartland Energy and highlights demand from data centers, military installations, industrial facilities and remote communities for compact, behind-the-meter power.

H.C. Wainwright research is made available to the firm’s institutional clients. Investors interested in the report may contact H.C. Wainwright directly. A list of the analysts covering Hadron is available on the Investor Relations section of Hadron’s website.

Any opinions, estimates or forecasts regarding Hadron’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Hadron or its management. Hadron does not, by its reference above or distribution, imply its endorsement of or concurrence with such information, conclusions or recommendations.

Hadron Energy, Inc. (Nasdaq: HDRN) is an advanced nuclear technology company focused on developing the Halo Micro-Modular Reactor (MMR), a 10 megawatt-electric factory-manufactured, transportable light-water reactor. Engineered to deliver continuous, emission-free baseload power and heat with a multi-year refueling cycle, Hadron aims to meet growing demand for clean, scalable, and rapidly deployable energy. As an integrated designer, manufacturer, and owner-operator, Hadron Energy is dedicated to powering data centers, industrial and heavy-manufacturing facilities, remote communities, and grid stabilization. For more information, visit www.hadronenergy.com.

This press release contains forward-looking statements within the meaning of U.S. federal securities laws, including, but not limited to, statements regarding the regulatory approvals of the Halo MMR, the engineering, development, licensing, and commercialization of the Halo MMR, partnerships with third parties in the development and commercialization of the Halo MMR, and future trading performance of Hadron’s securities. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by the management of Hadron Energy in light of their experience and perception of historical trends, current conditions, and expected future developments, as well as other factors they believe are appropriate in the circumstances, and involve a number of risks and uncertainties, some of which are beyond Hadron Energy’s control, that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Hadron Energy undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

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