Blue Capsule Technology strengthens leadership with Valentin Khatchatourian appointed CFO
Company
The appointment strengthens financial leadership as Blue Capsule advances its industrial development programme
Aix-en-Provence, France – 15/10/2026 – Blue Capsule Technology, a French company developing a high-temperature nuclear reactor for industrial heat, today announces the appointment of Valentin Khatchatourian as Chief Financial Officer, effective October 1, 2026.
Valentin will lead the company’s financial strategy and operations, aligning financial planning and resources with its engineering and industrial development priorities. Working alongside co-founders Édouard Hourcade, CEO, and Alexey Lokhov, Director of Innovationand Partnerships, he will help steer Blue Capsule through the next stages of its growth and industrial development.
An École Polytechnique alumnus, Valentin brings international experience across corporate finance, capital markets and deep-tech investment, having worked in both Europe and the United States.
“Advancing our industrial programme requires financial planning that reflects the demands of nuclear engineering and project delivery,” said Édouard Hourcade, CEO of Blue Capsule Technology. “Valentin combines an engineering background with hands-on experience financing tech ventures. He joins us at a pivotal moment as we accelerate our path to market.”
Blue Capsule is developing a high-temperature nuclear heat solution for energy-intensive industries seeking to reduce fossil fuel dependence while maintaining reliable operations and competitive energy costs. Its architecture is designed to adapt heat, steam and electricity delivery to industrial needs while preserving a common nuclear design, supporting repeatable deployment across different applications.
Valentin Khatchatourian’s appointment builds on the complementary experience of Blue Capsule’s co-founders. Édouard Hourcade brings reactor-development and engineering experience from the CEA, including leadership roles in the ASTRID and Jules Horowitz reactor, while Alexey Lokhov contributes strong industrial knowledge and international business development.
“Blue Capsule combines a clear industrial ambition with a strong team and the expertise needed to deliver on it,” said Valentin Khatchatourian, Chief Financial Officer. “I look forward to supporting the company’s growth and advancing our mission to provide European industry with a sovereign, efficient and scalable energy solution.”
About Blue Capsule Technology
Blue Capsule Technology is a French company headquartered in Aix-en-Provence, developing a high-temperature, sodium-cooled nuclear reactor designed to produce low-carbon industrial heat.
A spin-off from the CEA, the French Alternative Energies and Atomic Energy Commission, the company holds an exclusive licence and five patents pending covering key technologies, including reactor architecture, sodium cooling systems, fuel components and safety systems.
A member of the European Industrial Alliance on Small Modular Reactors (SMRs), Blue Capsule Technology is also a laureate of the France 2030 “Innovative Nuclear Reactors” program. The company aims to contribute to the decarbonization of hard-to-electrify industrial processes, strengthen industrial competitiveness, and support European energy sovereignty.
