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Ticker
-
Sector
Energy
Industry
Integrated Oil & Gas
Description
Phyco2 was founded in 2007 with a tagline of "Algae Production for nutrition, cosmetics, pharmaceuticals, and bio-stimulants." This indicates that the company specializes in producing algae for various industries.
Their expertise lies in nutrition, algae production, CO2 sequestration, and designing algae photo-bioreactors (APB). They aim to produce algae in bulk and cost-effectively to meet the market demand in industries such as bio-stimulants, cosmetics, pharmaceuticals, and nutrition for both humans and animals.
What sets their APB design apart is its ability to absorb CO2 from industrial exhaust, such as power plants and ethanol production, and operate continuously using LED lights. This innovative design allows for efficient and sustainable algae production.
Phyco2 has filed for patents in the US and Canada, which have been perfected. These patents not only cover the design concepts and product but also the method of production. This demonstrates the company's commitment to protecting their intellectual property.
To further test the performance of their system, Phyco2 is currently conducting tests with the exhaust from natural gas fired boilers at Michigan State University. They aim to quantify the system's efficiency and effectiveness. Commercialization of their technology is expected in 2020.
Startup
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