Transmutex is a company that develops hardware and software products to meet the global demand for carbon-free base load power. They focus on solving nuclear's core concerns of safety, cost, and proliferation risk. Their products include subcritical systems for carbon-free base load energy, radioactive waste destruction using thorium fuel, fuel breeding and fabrication for thorium-based clean energy, high energy physics simulation software, and radioisotope production for various applications.

Jean-Pierre Revol

Federico Carminati

Franklin Servan-Schreiber

Transmutex

Transmutex is a pioneering company focused on reinventing nuclear energy from first principles. Their innovative approach addresses the core concerns of cost, safety, and proliferation associated with nuclear reactors. Transmutex's technology represents a significant advancement in carbon-free energy generation, aiming to create an entirely new sustainable and safe nuclear energy solution. We are capitalizing on research validated at CERN to conceive an entirely new approach using particle accelerators to induce transmutation and production of carbon-free nuclear energy. We have the ambition to accelerate the fight against climate change and reach industrial-scale within 10 years.

FONGIT Innovation Fund

Union Square Ventures

AlleyCorp

TRANSMUTEX

Let's lay to rest the fear of Nuclear being too slow to come online, or too costly, or hard to ramp up. Comparing Nuclear to Solar in the UAE, the sunniest place in Asia (so imagine how it would be in Europe...): 

Nuclear: 26TWh  in 2021 to 50TWh in 2022, +92% in a year
Solar: 13TWh in 2021 to 18TWh in 2022, +38% in a year

We won't make it without nuclear. Let's start now. 

data for nuclear: https://lnkd.in/eRceGpxj
date for solar: https://lnkd.in/enm4Mjpe

Proud to announce the publication in the review journal "Progress in Nuclear Energy" of our collaborative research on functional software simulation that enables faster, more precise, and lower-cost digital simulation of any industrial process, including for nuclear energy. 

The research collaboration includes: 
École polytechnique fédérale de Lausanne, TRANSMUTEX SA, Texas A&M University, and Politecnico di Milano.

This paper investigates the application of the Functional Mock-up Interface (#fmi, https://fmi-standard.org/) to nuclear energy system simulation. This new FMI standard was developed by the automotive and aerospace industries to couple very different codes and numerical models as easily as possible. 
The paper clearly demonstrated the potential of this technology for nuclear applications, and how it may serve as a solid basis for the development of digital twins. For example, it will be possible to combine any number of codes with each other, or even to interchange specialized codes to represent the same component. The paper illustrates this potential with the example of a simplified nuclear power plant, modeling the reactor with GeN-Foam, the secondary circuit (turbine, alternator, etc.) with Modelica and the control system with Modelica/Simulink.

Congratulations Thomas Guilbaud for being the first author is this trailblazing collaborative research. 

https://lnkd.in/eeaAqCkA

Wonderful team visit to #Catania, #Sicily, to meet with Dr. Luciano Calabretta, one of Europe's leading expert on cyclotron technology. He took the time to make us discover his home town and taste some very special sweets. We also had the privilege of a visit with Father Marino of the beautiful St Lucia Church in #Ortigia which is part of historical #Syracuse. Great team spirit, special moments. We already miss Sicily....

Wonderful way to start the year at Transmutex by welcoming our investor and great friend Kevin Ryan, CEO and co-founder of AlleyCorp based in New York. AlleyCorp has been an unwavering supporter of our vision for a new nuclear since two years ago. We are immensely proud to be part of the AlleyCorp family. 
Also a warm recognition to Joseph F. Krause who is our contact at AlleyCorp in charge of deep tech investments.

To all our supporters on Linkedin, thank you for your encouragements, messages, and links to relevant news articles. May this new year bring you ever greater accomplishments, learning opportunities, and countless moments worthy of gratitude.

We’ve just updated our Page and web site. Visit us at www.transmutex.com.

During INSIC 23, I had the privilege of meeting Mr. Franklin Servan-Schreiber  , the CEO of Transmutex SA. Our conversation delved into the fascinating realm of simulation and data analytics. We discussed the intricate work at CERN, and I was astounded by Transmutex's pioneering use of Monte Carlo methods in simulation.

Mr. Servan passionately shared how Transmutex aims to revolutionize simulation-based research by integrating artificial intelligence into their approach. We explored the performance-based operations on platforms like Geant4, MCNP, and Fluka, but what truly captured my attention was Transmutex's vision to catalyze growth in this field through cloud-based operations.

The prospect of leveraging the power of the cloud for simulation processes holds immense potential, and Mr. Servan's insights shed light on how Transmutex is poised to usher in a new era in scientific research through innovative technologies and methodologies.

Honored to have met Franklin Servan-Schreiber, CEO and Co-founder of TRANSMUTEX, at INSIC-2023, BARC. A visionary leader dedicated to advancing 𝐍𝐞𝐭 𝐙𝐞𝐫𝐨 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧 🌱  through Nuclear Power in the challenging realm of nuclear energy. Truly inspiring to witness private startups making a significant impact. Salute 🫡 to Franklin sir for his remarkable contributions! #NuclearEnergy #netzeroemissions #Innovation

Twenty Two countries announced at COP28 the goal of tripling nuclear energy production by 2050 ! An ambitious goal by any measure, but also from the nuclear waste perspective. At Transmutex we are working hard to propose a scalable solution for the transmutation of 99% of the long-lived nuclear waste and we stand ready to demonstrate the viability of our solution. 

A quick calculation on the need for the transmutation of long-lived nuclear waste in the USA if we triple the nuclear energy capacity: 

Current annual production of nuclear waste in the USA: 2,000 tons
Planned capacity of Yucca Mountain depository in 2008: 70,000 tons
Estimated budget for Yucca Mountain in 2008 $: $98 Billion

Tripling the nuclear capacity will lead to the annual production of 6,000 tons of spent nuclear fuel. 

Therefore, it would require a $98 Billion (2008 $ !) Yucca Mountain size depository every 12 years or less. 

Reminder: The US still does not have a plan in place for a depository since Yucca Mountain was scaped in 2009.  

Transmutex is ready to face the challenge scaling up the transmutation of nuclear waste in order to enable the nuclear industry achieve its ambitious goal. 

https://lnkd.in/dHr4WnZt

U.S. Department of Energy (DOE) Westinghouse Electric Company Brookfield Asset Management Argonne National Laboratory Ansaldo Energia Ansaldo Nucleare

Transmutex is proud to have supported this research in quantum algorithm which will help to considerably accelerate simulations of high energy physics experiments. 

Congratulations softwareQ Inc and University of Waterloo for groundbreaking work.

#science #quantumcomputing #quantum #highenergy #energyinnovation

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Company Name	Transmutex
Symbol
MSH ID	COM:TRANSMUTEX
Market	PRIVATE
Sector	Nuclear Energy
Industry	Energy
Country	CH
Stage	Series A
Employee Count	30
Website	transmutex.com
LinkedIn	transmutex
Founders

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Monthly Web Traffic	880
Web Traffic Growth	3.15
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Raised Capital	23.22M

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COM:TRANSMUTEX

Transmutex

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