Description of venture idea

Provide solutions that enable nuclear power plants to obtain lifetime extensions, for example by selling or leasing Portable transient grating spectroscopy devices for nuclear plant inspectors.

Market needs this venture would address

Extending nuclear plant lifetimes

Technical capabilities this venture might leverage

Transient grating spectroscopy (TGS) Cyclotron proton source

Business model

Equipment sales

Team

Mike Short Jonas Rajagopal

Outstanding risks

  • Competition: Minhaj Malik and AIman Khan argue that most of the major nuclear companies have entire business units focused on lifetime extension services.
  • Longevity of venture: does this business become irrelevant in 25 years, once all existing nuclear plants have been retired?
  • The nuclear regulation sector may not be willing to believe that elastic modulus and thermal diffusivity are reliable proxies for fracture toughness.
  • TAM: big enough?

References