LynXes and the EIC Accelerator: A Synchrotron on the Lab Bench

LynXes, founded in 2021 in Vác near Budapest and led by chief executive Zoltán Németh, builds laboratory-sized high-energy-resolution X-ray spectrometers, instruments that reveal the chemical state and structure of materials such as catalysts and battery materials in a detail that until recently required a synchrotron or X-ray laser costing around €1 billion. The technology comes from the Momentum research group led by György Vankó at the HUN-REN Wigner Research Centre for Physics, whose work began with a European Research Council grant, according to Wigner RCP. LynXes was selected in the EIC Accelerator's June 2023 cut-off with blended finance and received an EU grant of €1.53 million for a €2.19 million project from February 2024 to January 2026, according to CORDIS.

The final report says that in the first year LynXes moved its instruments from technology readiness level 5 to 6 with "a complete redesign of the spectrometer components", and that in the second year it "finished product development, established our company structure, started to create the market, and upgraded our Business Plan", according to the CORDIS reporting page. It describes the target market as one that "theoretically already exists, but it is so narrow that it doesn't really show". No sale of an instrument has been announced.

Where LynXes Stands Now

LynXes' website lists four spectrometer models, plus measurement services and custom silicon analyser crystals, according to LynXes. Its news page is empty, and parts of the site still show template placeholder text and counters at zero. The company reported revenue of HUF 23.8 million in 2025 and a post-tax profit of between HUF 10 million and HUF 20 million, with 10 to 19 employees, according to Nemzeti Cégtár. The summary does not separate sales from grant income.

The Technology: Big-Facility Science in a Small Box

High-energy-resolution X-ray spectroscopy shows how atoms in a material are bonded and what state they are in, which matters for developing catalysts, batteries and drugs. Researchers normally have to win scarce time at synchrotrons, which Wigner says costs tens of thousands of euros a day. LynXes uses an ordinary laboratory X-ray tube and precisely shaped silicon crystals to get comparable spectra on a bench, so labs can run measurements whenever they need them.

What the EIC Award Promised, and What the Record Shows

The award aimed to take the lab instrument to market for academic and industrial users. LynXes finished the product and began building a market, as it reports. It has not reported customers, units sold or pilot results. The report itself says the market has to be created through demonstrations and knowledge transfer.

1. Product redesignDeliveredTRL6, per report.
2. Product lineDeliveredFour models listed.
3. First instrument salesUnverifiedNone announced.
4. Market creationStartedPer final report.

The Money

The EU covered 70% of the project. Whether the EIC Fund invested under the blended award has not been announced, and LynXes has announced no private funding round. Its registered capital is between HUF 3 million and HUF 5 million.

What Cannot Be Checked

Why Europe Should Care

Large X-ray facilities offer "limited and restricted access", the report says. A benchtop instrument that brings some of that capability into ordinary labs could speed materials research across the continent. Wigner notes that the previous Hungarian company to win a comparable EIC award did so three years earlier. The science is established; the business is not yet visible.

The Verdict

LynXes and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.