This weekend ABO member Heliae, an algae technology company based in Arizona, broke ground on a new commercial demonstration facility. The facility in Gilbert, Arizona will showcase the company’s technology platform for partners that will grow and harvest algae for commercial applications.
Ultimately these applications will be in fuel markets, but co-products such as feed, fertilizers, cosmetics and nutrition products will be significant source of the industry’s early revenues.
Ken Silverstein at Forbes leads a great article on the industry’s direction with the Heliae groundbreaking.
The Arizona Republic describes more about the weekend events at Heliae, and the company’s unique approach to growing algae.