Skip to content
Back to Guavy Wire
Forex

Cryonic Hopes: Revival Dreams in Liquid Nitrogen

Instruments
AUD
Share

A growing number of people are opting for cryopreservation in hopes of being revived in the future. Australia's Southern Cryonics, one of only six facilities worldwide, stores bodies in liquid nitrogen at minus 196 degrees Celsius. Three individuals have chosen this path so far in South Korea.

The facility, located in Holbrook, New South Wales, was opened in 2023 and currently has seven preserved bodies. Each dewar can hold up to four people, with the first being a man who died in his 80s and entered the facility in May 2024.

Cryopreservation comes at a substantial price, with an initial stabilization cost of about 60,000 Australian dollars, followed by 150,000 Australian dollars for long-term storage. Members must also pay an annual fee of 350 Australian dollars. The process begins immediately after death, involving vitrification and cryoprotectants to prevent cell damage.

Peter Tsolakides, chairman of Southern Cryonics, estimates the odds of those now in storage being revived in about 250 years at roughly 10%. This assumes future medicine will not only cure all diseases and overcome aging but also develop technology to bring back people who have already died. Scientists, however, say revival is impossible with current technology.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc