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Configuration-space matrix elements of N-body potentials arise naturally and ubiquitously in the Ritz-Galerkin solution of many-body quantum problems. For the common specialization of local, finite-range potentials, we develop the eXact Tensor HyperContraction (X-THC) method, which provides a quantized renormalization of the coordinate-space form of the N-body potential, allowing for a highly separable tensor factorization of the configuration-space matrix elements. This representation allows for substantial computational savings in chemical, atomic, and nuclear physics simulations, particularly with respect to difficult "exchange-like" contractions., Comment: Third version of the manuscript after referee's comments. In press in PRL. Main text: 4 pages, 2 figures, 1 table; Supplemental material (also included): 14 pages, 2 figures, 2 tables

The direct laser cooling of neutral diatomic molecules in molecular beams suggests that trapped molecular ions can also be laser cooled. The long storage time and spatial localization of trapped molecular ions provides the opportunity for multi-step cooling strategies, but also requires a careful consideration of rare molecular transitions. We briefly summarize the requirements that a diatomic molecule must meet for laser cooling, and we identify a few potential molecular ion candidates. We then perform a detailed computational study of the candidates BH+ and AlH+, including improved ab initio calculations of the electronic state potential energy surfaces and transition rates for rare dissociation events. Based on an analysis of population dynamics, we determine which transitions must be addressed for laser cooling and compare experimental schemes using continuous-wave and pulsed lasers