Algae.Tec Ltd  ASX:AEB

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Algae.Tec Ltd ASX:AEB

$ 0.12

17-Dec-13

Report Date Price
Technology Validation 17-Dec-13 $0.12

Overview

Algae.Tec Ltd is focused on the development and commercialization of innovative and leading-edge technology for the production of algae through the capture of solar energy and sequestration of carbon dioxide while targeting the substitution of fossil fuels with sustainable algae biofuels.

Algae.Tec has conducted hundreds of laboratory, bench-scale, and pilot tests and product trials to-date; assessed competitive algae technologies, and has applied the development phase results to detailed engineering evaluations of commercial plant operations.

Algae.Tec Ltd algae technology has demonstrated exceptional performance, providing step-change improvements in productivity, product yield, carbon dioxide sequestration, plant footprint requirements, and substantial capital/cost savings versus agricultural crops and other competitive algae processes in the industry.