Geneva-based startup Transmutex has received more than $4.2 million from the U.S. Department of Energy Advanced Research Projects Agency-Energy as part of the NEWTON Program. The funds will finance a project in Los Alamos aiming to enable nuclear waste transmutation to transform long-lived radioactive elements into shorter-lived ones, reducing their hazardous lifetime from 1 million years to a few hundred years.
Transmutex is a Switzerland-based nuclear engineering firm that provides services such as radioactive destruction and fuel breeding for industries including food and health.