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Paradigm Power Systems updates council on fundraising, seeks development-agreement amendment

Butte-Silver Bow Council of Commissioners · May 7, 2026

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Paradigm Power Systems representatives told the council they have raised $7 million and are pursuing a $15 million private equity round to advance a graphene production project at Montana Connections; the council placed the development-agreement amendment on file while commissioners raised questions about repeated extensions.

The council received Communication 2026-222 from the economic development office regarding an amendment to a development agreement with Paradigm (Faradyne/Paradigm Power Systems) for a graphene-production facility at Montana Connections.

Kayla Lappin, economic development coordinator, summarized the agreement…

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