Tue. Oct 26th, 2021

Episode # 335: Startup Series – Thomas Eiden, Alchemy Atomic, “There is a huge shortage of man-made radioactive materials. ”

Thomas Eiden (@AtomicEiden) on Twitter

Guest: Thomas Eiden is the founder and CEO of Atomic Alchemy, a company dedicated to the production of radioisotopes used in nuclear medicine.

Date of registration: 7/7/2021 | Runtime: 1:01:13

Summary: In today’s episode we go to nuclear! Thomas is taking on the bold goal of building a nuclear reactor, which takes nearly a decade and about $ 100 million. Let’s start with what sparked his interest in nuclear power and what gave him the impetus to introduce himself to Y Combinator and raise seed capital with just one business plan. We take some time to dispel the myths about why nuclear power is dangerous and then pivot to talk about uses in the medical field, either with MRIs or trying to fight cancer.

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Episode links:

  • 2:25 – Introduction
  • 3:03 – Welcome to our guest, Tom Eiden
  • 5:16 – How Atomic Alchemy is helping to solve the unknown nuclear crisis
  • 8:06 – Understanding nuclear energy
  • 9:38 – How startups are changing the landscape of nuclear waste
  • 11:35 – Putting our fear of nuclear energy into perspective
  • 12:23 – Tom’s TEDx Talk: Sex is more dangerous than nuclear power
  • 15:41 – Why the Chernobyl disaster is not a valid argument against nuclear power
  • 17:01 – The spark that sparked Tom’s interest in nuclear medicine
  • 19:15 – Tom’s decision to apply to Y Combinator
  • 21:52 – Alchemy Atomic’s journey from initial funding to the construction of a facility
  • 27:03 – The unique advantage offered by Atomic Alchemy facilities
  • 29:59 – The main case of use of nuclear medicine
  • 31:28 – A promising new field of nuclear therapy
  • 33:24 – Problems with the current supply of nuclear medicine
  • 36:05 – How a volcanic eruption revealed the severity of the shortage of nuclear drugs
  • 38:59 – Time-consuming regulatory process planning
  • 40:30 – Key milestones in Atomic Alchemy
  • 42:47 – Atom Alchemy release timeline
  • 43:40 – The size of the nuclear medicine market
  • 46:21 – Industrial applications for radioactive materials
  • 49:09 – Why Tom hesitates to seek government funding
  • 50:10 – Atomic Alchemy plans for future funding
  • 49:33 – Tom’s memorable experiences on the initial journey so far
  • 54:41 – Connect with Alchemy Atomic; Twitter, LinkedIn, Facebook

Transcript of episode 335:

Coming soon.

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